Managing Actuary – Supplemental Benefits & Strategy

CareSource; United States; On-site; USD 94,000 - 165,000; Full time

Job summary

CareSource is seeking a Managing Actuary to provide leadership and strategic direction to ensure team goals are achieved. You will lead a small team of actuaries, drive pricing, forecasting, reserving and model development aligned with company objectives.

The role requires overseeing rate filings and collaboration with external vendors, with emphasis on analytics, experience evaluation, and contributing to overall financial strategy in a healthcare environment.

Qualifications

• Bachelor's degree in actuarial science, mathematics, economics or a related field or equivalent years of relevant work experience is required
• Prior experience with supplemental benefits (dental, vision, hearing, etc.) preferred
• 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

Responsibilities

• Lead a small team of actuaries ensuring compliance with applicable Actuarial Standards of Practice and supporting their training and personal development
• Responsible for pricing, forecasting, reserving or other actuarial processes including development of key assumptions, as well as evaluation of financial experience and trend drivers
• 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

Critical thinking

Interpersonal skills

Staff management

Goal setting

Stakeholder management

Problem solving

Auditing

Teamwork

Data analysis

Education

Actuarial degree or related field

Management experience

Actuarial experience

Healthcare/Managed care knowledge

Tools

SQL

SAS

Access

Job description

CareSource is seeking a Managing Actuary to provide leadership and strategic direction to ensure team goals are achieved. You will lead a small team of actuaries, drive pricing, forecasting, reserving and model development aligned with company objectives.

The role requires overseeing rate filings and collaboration with external vendors, with emphasis on analytics, experience evaluation, and contributing to overall financial strategy in a healthcare environment.