Actuarial Director

6 days ago


McKinney, Texas, United States Globe Life Inc. Full time
Job Summary

Globe Life Inc. is seeking a highly experienced and skilled Senior Managing Actuary to lead our Health Pricing team. As a key member of our actuarial department, you will be responsible for developing and pricing new and existing health products, as well as managing a team of Actuarial Assistants.

Key Responsibilities
  • Leadership and Management
    • Manage a team of 4 to 5 Actuaries who exercise latitude and independence in assignments.
    • Responsible for developing the strategy for delivering annual assumptions based on experience studies, including lapse, morbidity, and trend analysis.
  • Pricing and Risk Management
    • Develop and price new and existing health products.
    • Collaborate with rate filing actuary to execute product and rate filings.
    • Develop new metrics to identify trends, tracking and monitoring of pricing performance on a wide range of supplemental health products.
  • Regulatory Compliance
    • Prepare and file various regulatory reports.
  • Communication and Collaboration
    • Clearly articulate work efforts and outcomes to senior management.
    • Work cooperatively to establish partnership and buy-in with key leaders in the Actuarial department, decision-makers in the Acquisition and Administration portfolios, and outside parties such as TPA's.
Requirements
  • Education and Certifications
    • Bachelor's degree required in Actuarial Science, Mathematics, Statistics, Economics, or other similar field.
    • Associate of the Society of Actuaries (ASA) required, FSA preferred.
    • Member of the American Academy of Actuaries required.
  • Experience
    • 10+ years actuarial experience.
    • Management experience preferred.
    • Working experience with managing a health pricing role preferred.
  • Skills
    • Advanced knowledge and skills within the Actuarial discipline with an understanding of the impact of work on other areas of the Company.
    • Strong attention to detail; well-organized and efficient; proficient at documentation.
    • Technical knowledge of product design, form development, and rating and pricing using both traditional and advanced ratemaking techniques.
    • Strong computer skills including advanced knowledge of Excel, Data Visualization, SQL and programming languages.
Work Environment

This is a hybrid role with an onsite schedule (Tuesday, Wednesday, Thursday) located in our corporate office in McKinney, Texas, (Monday, Friday) work from home.



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