Health Plan Actuary
1 month ago
Responsibilities:
- Provide strategic direction and leadership to the actuarial team.
- Develop and implement actuarial policies and procedures that align with the company's goals and objectives.
- Collaborate with senior management to support the development and execution of the company's strategic plan.
- Oversee the preparation of actuarial analyses, including pricing, reserving, and financial forecasting.
- Ensure accuracy and timeliness of actuarial reports and presentations to management, regulators, and other stakeholders.
- Develop and maintain actuarial models to support decision-making processes.
- Lead the actuarial team in developing and pricing new health insurance products.
- Analyze competitive market data and trends to inform product development and pricing strategies.
- Collaborate with the marketing and product development teams to ensure the actuarial soundness of new products.
- Monitor and evaluate the financial performance of the health plan's products.
- Provide insights and recommendations to improve profitability and financial sustainability.
- Assist in the development of annual budgets and long-term financial plans.
- Other projects as assigned
- Advanced analytical skills and creative problem-solving abilities with an attention to detail.
- Sound knowledge of actuarial techniques and standards.
- Able to translate and effectively communicate financial models and the results of actuarial analyses.
- Capable of working on multiple projects under tight deadlines.
- Excellent organizational and time management skills.
- Commercial awareness with an understanding of broader business issues.
- Minimum of five years of experience in actuarial work with a focus on pricing large-group healthcare plans.
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field.
- Fellow of the Society of Actuaries (FSA) designation highly desired, ASA required.
- Member of the American Academy of Actuaries (MAAA) preferred or ability to join.
- Experience with all or part of pricing model development and maintenance, including data management and predictive analytics.
The Solomon Page Distinction
Our teams, comprised of subject matter experts, develop an interest in your preferences and goals and we act as an advisor for your career advancement. Solomon Page has an extensive network of established clients which allows us to present opportunities that are well-suited to your respective goals and needs - this specialized approach sets us apart in the industries we serve.
About Solomon Page
Founded in 1990, Solomon Page is a specialty niche provider of staffing and executive search solutions across a wide array of functions and industries. The success of Solomon Page reflects an organic growth strategy supported by a highly entrepreneurial culture. Acting as a strategic partner to our clients and candidates, we focus on providing customized solutions and building long-term relationships based on trust, respect, and the consistent delivery of excellent results. For more information and additional opportunities, visit: and connect with us on Facebook , and LinkedIn .
Opportunity Awaits.
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