Director, Actuarial Services

» Director, Actuarial Services
Finance & Accounting
in Chicago
, IL
Reference: 19-03344

Description:

Conduct analysis, pricing and risk assessment to estimate financial outcomes as well as provide expertise and technical support in matters related to the successful and financially sounds operations of the company’s health plan businesses.

Responsibilities:

  • Apply knowledge of mathematics, probability, statistics, principles of finance and business to calculate financial outcomes
  • Negotiate capitation or premium rates with state or federal agencies
  • Review health plan experience and identify trends
  • Analyze new business opportunities
  • Work with health plans to ensure soundness of capitation or premium rates
  • Work with state or federal agencies to assess impact of program/policy changes
  • Present results to senior management/state agencies

Education/Experience:

  • Bachelor’s degree in a related field or equivalent experience
  • 10+ years of actuarial experience including 2+ years of applicable product experience
  • Previous management experience including responsibilities for hiring, training, assigning work and managing performance of staff (required)

License/Certification:

  • Fellow or Associate in Society of Actuaries
  • Member of American Academy of Actuaries