Director & Actuary- Part D (Work from home)
About the role
This position is responsible for directing highly complicated work teams of actuaries, long term projects and work streams or for providing insight and guidance to highly complicated long term projects and work streams that require unique skills. Setting or participating in setting the strategy for success in the area. Developing compelling written and oral presentations to senior leadership that clearly drive the delivery of information for high-level decision making. Must also possess and demonstrate an expert level understanding of actuarial concepts, multiple actuarial areas and one or more business segment.
Responsibilities
- Ensures that the appropriate modeling is being done and that the team continues to develop technically.
- Develops and drives the strategy for the most appropriate tools, technology and resources for the team to use.
- Complies with, monitors their staff for compliance with, and ensures their areas have appropriate monitoring in place for all applicable compliance requirements and all Actuarial Standards of Practice.
- Communicates effectively across the company and with external parties.
- Ensures that the appropriate information is making its way to all levels of the organization.
- Has ability to develop compelling written and oral presentations to senior leadership that clearly drive the delivery of information for high-level decision making.
- Determines strategies to develop and improve key relationships in the areas and with external areas.
- Determines all areas where key relationships should exist.
- Understands complex actuarial concepts, multiple actuarial areas and one or more business segment all at expert level.
- Possesses broad applicable market knowledge and has processes in place to track best practices in their areas of expertise.
- Directs highly complicated work teams.
- Manages long term complicated projects and work streams.
- Manages and develops a team of Directors and below.
- Supports and guides director in building effective teams.
- Drives a continuous improvement culture in the department. Improvements result in administrative savings or financial improvements that are recognized by peers and leadership.
- Oversees the annual budget and allocates resources for various projects and operational needs.
- Translates needs and initiatives into compelling business cases.
- Conducts cost-benefit analyses to justify investments and ensure ROI.
Requirements
- Bachelor degree in Actuarial Science, Mathematics, Statistics or Economics. Other Bachelor (or higher) Degrees may be considered.
- Fellow of the Society of Actuaries (FSA) and Membership in the American Academy of Actuaries (MAAA). In place of attainment of FSA, 4 years of actuarial experience in the health insurance field at the ASA level may be substituted.
- Compliance with all the membership requirements for each professional designation.
- At least 7 years of actuarial experience in the health insurance or related field.
- Verbal and written communications skills to prepare effective documentation, facilitate training and development, and participate in presentations.
- PC proficiency to include Word and Excel.
Preferred Qualifications
- Pricing for Medicare Advantage Part D INJLF
Pay
$133,400.00 - $247,700.00. Exact compensation may vary based on skills, experience, and location.
Schedule
This is a Telecommute (Remote) role. Remote employees must live within the continental United States, excluding Alaska, California, Hawaii or New York.