Senior Director, Underwriting/Pricing - Remote, Certified Actuary (FSA/ASA)

Responsibilities

• Deliver profitable growth of the business line through retention of existing relationships, new customer acquisition, and product innovation.
• Lead a staff that manages the entire underwriting process for prospective clients and new customer acquisitions.
• Analyze claims data and develop cost-of-care projections for existing customer renewals and new business opportunities.
• Interact with clients as needed to resolve differences in projections, rate-setting methodology, and administrative cost projections.
• Incorporate administrative cost projections and business unit profit objectives to develop final rates quoted to customers.
• Responsible for cost pricing, including evaluating data, building underwriting, and evaluating profitability.
• Complete quarterly savings reporting to current clients and provide estimated savings for prospect clients.
• Reviews utilization, cost trends, and other assumptions that are used in pricing models.
• Evaluate cost impact of new product initiatives and propose rate structures to maximize profitability and ensure appropriate returns for risk.
• Ensure that appropriate underwriting policies and procedures are applied to new and existing business and that responses are timely.
• Provide recommendations on product and customer rates to senior management and coordinate the approval process.
• Supports variety of projects from Business Unit and Corporate Finance.
• Manage team of pricing and reporting analysts.
• Interact with clients and customers and internal staff to resolve issues related to information provided and Request For Proposal language and response expectations.
• Supports variety of projects from Business Unit and Corporate Finance.
• Manage team of pricing and reporting analysts.
• Interact with clients and customers and internal staff to resolve issues related to information provided and Request For Proposal language and response expectations.

Requirements

• 12+ years of experience in underwriting with a minimum of 5 years of experience in underwriting management.
• Experience in leading a team of people.
• Thorough knowledge of the health care and health insurance industries.
• Ability to develop and document creative approaches to underwriting new products.
• Experience in analysis of medical and related administrative cost data.
• Strong knowledge of underwriting principles in a managed care environment.
• Excellent written and communication skills.
• Ability to self-start and work independently.
• Good analytical, reasoning, and problem-solving skills.
• Strong organizational skills and must be able to adhere to strict deadlines.
• Willingness to learn new product lines and adapt to changing environment.
• Strong working knowledge Microsoft Office Product suite, specifically Excel.
• Experience with managing large data sets with tools such as MS Access.

Qualifications

• Bachelor's Education - Preferred
• Master's Education - Preferred

Skills

• Knowledge of the health care and health insurance industries.
• Ability to develop and document creative approaches to underwriting new products.
• Experience in analysis of medical and related administrative cost data.
• Strong knowledge of underwriting principles in a managed care environment.
• Excellent written and communication skills.
• Ability to self-start and work independently.
• Good analytical, reasoning, and problem-solving skills.
• Strong organizational skills and must be able to adhere to strict deadlines.
• Willingness to learn new product lines and adapt to changing environment.
• Strong working knowledge Microsoft Office Product suite, specifically Excel.
• Experience with managing large data sets with tools such as MS Access.

Benefits

• Comprehensive benefits package.
• Tobacco-free workplace.

Pay

• Salary Range: $127,295 - $229,105

Schedule

• Remote