Managing Actuary — Pricing, Forecasting & Reserves Lead

CareSource; Dayton (OH); On-site; USD 94,000 - 165,000; Full time

Benefits offered by this job

Bonus potential

Total rewards package

Job summary

CareSource is seeking a Managing Actuary to provide leadership and direction to ensure team goals and strategies are achieved. The role includes pricing, forecasting, reserving, model development, and collaboration with leadership and external vendors.

The ideal candidate will have actuarial experience, ASA certification, and strong SQL/SAS skills, with preference for healthcare and Medicaid experience. This position is based in Dayton, Ohio and may involve travel.

Qualifications

• Bachelor's degree in actuarial science, mathematics, economics or a related field.
• Two to three (2 to 3) years or more of management experience is preferred.
• Two to three (2 to 3) years or more of actuarial experience is preferred.
• Strong database (SQL, SAS or Access) experience is preferred.
• Managed care or healthcare experience is preferred.
• Medicaid experience is preferred.

Responsibilities

• Lead pricing, forecasting, reserving or other actuarial processes including development of key assumptions.
• Develop and communicate actionable and strategic recommendations to leadership in support of company goals.
• Manage the development and maintenance of actuarial models to support key business goals and initiatives, such as actual to expected experience reporting, actuarial reserves and accruals, bid pricing/rate filings, forecasting, and contracting models.
• Own the actuarial processes being managed (i.e., rate/bid filings, pricing, forecasting, reserving) within the company and with external vendors for assigned lines of business.
• Specific function may require performing baseline analysis on expectations of rate changes for future years and work with federal and state agencies to support rate filings and other relevant activities.
• Specific function may require overseeing development and review of Incurred But Not Reported (IBNR) reserve estimates for all CareSource lines of business on a monthly basis.
• Perform any other job related instructions as requested

Skills

Communication skills

Critical thinking

Interpersonal skills

Staff development

Goal prioritization

Data analysis

Excel mastery

SQL

SAS

Python

Education

Bachelor's degree in actuarial science or related field

ASA designation required

FSA preferred

Tools

SQL

SAS

Access

Python

Job description

CareSource is seeking a Managing Actuary to provide leadership and direction to ensure team goals and strategies are achieved. The role includes pricing, forecasting, reserving, model development, and collaboration with leadership and external vendors.

The ideal candidate will have actuarial experience, ASA certification, and strong SQL/SAS skills, with preference for healthcare and Medicaid experience. This position is based in Dayton, Ohio and may involve travel.