Director, Actuarial Services

Job Summary

Manage and apply resources to general actuarial service operations, guided by experience, organizational goals and operational strategies. Responsible for overseeing and directing the underwriting team. Provides block-level pricing consultation for large fully insured and self-funded groups, small groups, individual lines, including Medicare and Medicaid. Works with internal and external resources to analyze and assist with product level premium rate filings. Work on complex actuarial matters where analysis of issues, data and process require advanced specialist knowledge and in-depth industry and technical knowledge. Support and provide leadership on all aspects of the enterprise actuarial functions, balancing growth and profitability goals.

Qualifications

• Bachelor’s degree in mathematics, finance, business or related field.
• Five years of experience in health insurance or managed care required.
• Experience with Affordable Care Act (ACA) pricing, large group pricing and underwriting, stop loss/self-funding, Incurred But Not Reported (IBNR) development are highly valued.
• Experience managing other actuaries/underwriters is required.
• Experience with SAS/SQL is highly valued.
• Associate of the Society of Actuaries (ASA) designation required.
• Current Fellow of the Society of Actuaries (FSA) designation or desire to attain FSA designation is preferred.
• Member, American Academy of Actuaries (MAAAA) and Society of Actuaries (SOA) with qualifications to provide statements of actuarial opinion preferred.

Benefits

Sanford offers an attractive benefits package for qualifying full-time and part-time employees. Depending on eligibility, a variety of benefits include health insurance, dental insurance, vision insurance, life insurance, a 401(k) retirement plan, work/life balance benefits, and a generous time off package to maintain a healthy home-work balance. For more information about Total Rewards, visit here.

About the Role

Sanford Health is the largest rural health system in the United States, dedicated to transforming the health care experience and providing access to world-class health care in America's heartland. The company partners closely with communities across the region to deliver innovative, high-quality care.