DIRECTOR, ACTUARIAL
Location: Pittsburgh, PA
Salary: 160K-215K
THE DIRECTOR ACTUARIAL SERVICES IS RESPONSIBLE FOR THE OVERALL MANAGEMENT AND TECHNICAL OVERSIGHT OF AN ACTUARIAL STAFF (FELLOWS, ASSOCIATES, ACTUARIAL CANDIDATES, AND/OR SUPPORT PERSONNEL) WHERE ACTIVITIES ARE CONCERNED WITH PRICING AND RATE DEVELOPMENT; OVERSEEING ASSIGNED ACTUARIAL STAFF AND PROJECTS AND DEVELOPING AND IMPLEMENTING SOUND ACTUARIAL POLICIES AND PRACTICES TO HELP HIGHMARK MEET ITS FINANCIAL OBJECTIVES; PROVIDING TECHNICAL SUPPORT FOR OTHER AREAS SUCH AS PRODUCT MANAGEMENT & DEVELOPMENT, UNDERWRITING & RATING, AND SALES.
Job Responsibilities:
Salary: 160K-215K
THE DIRECTOR ACTUARIAL SERVICES IS RESPONSIBLE FOR THE OVERALL MANAGEMENT AND TECHNICAL OVERSIGHT OF AN ACTUARIAL STAFF (FELLOWS, ASSOCIATES, ACTUARIAL CANDIDATES, AND/OR SUPPORT PERSONNEL) WHERE ACTIVITIES ARE CONCERNED WITH PRICING AND RATE DEVELOPMENT; OVERSEEING ASSIGNED ACTUARIAL STAFF AND PROJECTS AND DEVELOPING AND IMPLEMENTING SOUND ACTUARIAL POLICIES AND PRACTICES TO HELP HIGHMARK MEET ITS FINANCIAL OBJECTIVES; PROVIDING TECHNICAL SUPPORT FOR OTHER AREAS SUCH AS PRODUCT MANAGEMENT & DEVELOPMENT, UNDERWRITING & RATING, AND SALES.
Job Responsibilities:
- Manage all levels of Actuarial staff.
- Oversee the preparation of rate filings for large group, small group, direct pay, or senior products.
- Work with Underwriting and Rating, Sales and Product Management and Development to develop and implement appropriate rating strategies for group, direct pay or senior lines of business. Ensure that all strategies are in compliance with rate filings and applicable regulations.
- Provide advanced support for the claim reserve process.
- Provide assistance and risk management to the Product Management and Development area for pricing development of new products. Ensure that all new products are financially viable and stable.
- Determine underlying factors impacting pure premium trends for various products and regions. Monitor trends for use in rating. Identify any shifts in trend and take appropriate pricing actions.
- Other duties as assigned or requested.
- Minimum Bachelor’s Degree.
- 10 or more years of experience in the actuarial or related field.
- 5 or more years of management experience and/or experience leading teams and/or projects of varying size and complexity.
- Attainment of the ASA (Associate) designation in the Society of Actuaries.
- Must be committed to pursuing actuarial exams and obtaining Fellowship in the Society of Actuaries.
- Member of the American Academy of Actuaries (MAAA).
- Bachelor’s degree in Actuarial Science, Mathematics, or Statistics.
- 13 or more years of Actuarial Experience.
- FSA
- Ability to apply extensive knowledge of actuarial methods and procedures.
- Strong supervisory, communication, organization and project management skills.
- Demonstrated knowledge of the following actuarial proficiencies: In-depth knowledge of one or more of the following: premium rate calculations, required reserves, plan design, trend analysis, rate table construction, actuarial research, or systems development.
- ASA
- Bachelor s Degree
- 10 years in the actuarial field
- 5 or more years of management experience.
- Preferred Health Actuarial experience.
WORLD NETWORKING SERVICES Recruitment without boundaries.
Makati City, Philippines
15F, Pacific Star Building,
Sen Gil Puyat Avenue Cor Makati Ave
Makati City, Philippines
+632-328-5800
makati@wonese.com
Mumbai, India
115, The Summit – Business Bay<
W.E.H. Metro Station
Off Andheri Kurla Road<
Andheri (E), Mumbai – 400069
+9122-2681-6000
mumbai@wonese.com
New York, USA
2050 Center Avenue, Suite 600
Fort Lee, NJ 07024
+1-201-242-5505
nyc@wonese.com
Toronto, CANADA
100 King Street West, Suite 5600
Toronto, ON M5X 1C9
+1-416-840-6373
toronto@wonese.com
WORLD NETWORKING SERVICES Recruitment without boundaries.
UNITED STATES
New York, USA
2050 Center Avenue, Suite 600
Fort Lee, NJ 07024
+1-201-242-5505
nyc@wonese.com
INDIA
Mumbai, India
312 Solitaire Corporate Park
Chakala, Andheri (East)
Mumbai - 400093
PH: +91 22 4905 4100
mumbai@wonese.com
PHILIPPINES
Makati City, Philippines
15F, Pacific Star Building,
Sen Gil Puyat Ave, Cor Makati Ave
+632-328-5800
manila@wonese.com
CANADA
Toronto, CANADA
1 Younge St, #1801, Toronto
ON M5E 1W7
+1-416-840-6373
toronto@wonese.com
New York, USA
2050 Center Avenue, Suite 600
Fort Lee, NJ 07024
+1-201-242-5505
nyc@wonese.com
Mumbai, India
312 Solitaire Corporate Park
Chakala, Andheri (East)
Mumbai - 400093
PH: +91 22 4905 4100
mumbai@wonese.com
Makati City, Philippines
15F, Pacific Star Building,
Sen Gil Puyat Ave, Cor Makati Ave
+632-328-5800
manila@wonese.com
Toronto, CANADA
1 Younge St, #1801, Toronto
ON M5E 1W7
+1-416-840-6373
toronto@wonese.com