Location: New York,NY, USA
Summary:
* Provide the analytical resources necessary for the development of overall pricing and reserve setting strategies.
* Lead projects to analyze current rate structures and develop improvements and alternatives.
* Coordinate the actuarial staff as needed to support the activities of the affiliates.
* Lead actuarial staff as needed to support the activities of the affiliates.
Responsibilities:
* Work closely with Senior Product Management and Finance to analyze financial performance of blocks of business, including membership, trend, and financial analyses.
* Work collaboratively with all areas of the organization to identify opportunities to improve product performance.
* Oversee the development and filing of premium rates and/or expected costs with the appropriate regulatory authority (e.g., CMS, New York Department of Health).
* Work closely with Risk Adjustment and other areas.
* Advise and develop direct reports accountable for at least one line of business (e.g. ACA, Large Group, Medicare, Medicaid, SSP), as well as other staff.
* Perform other duties as assigned or required.
Requirements:
* Bachelor's degree in Actuarial Science, Mathematics, other physical science, or related finance/business degree required
* Associate of the Society of Actuaries (A.S.A.) required
* Member of the American Academy of Actuaries (M.A.A.A.) required
* Fellow of the Society of Actuaries (F.S.A.) preferred
* 10+ years of relevant, professional work experience and/or education required
* 6+ years of actuarial experience with ASA; or 5+ years' experience with an FSA required
* 5+ years health insurance actuarial experience required, preferably in the managed care industry
* 1+ year of management experience required
* Comprehensive understanding of actuarial principles and methodologies; strong mathematical and analytical skills required
Additional Information
* Requisition ID: 100#######
* Hiring Range: $86,000-$165,000