Director - Actuarial Services

  • 37224
  • Life - Actuarial
  • |
  • Pennsylvania, United States
  • |
  • Apr 17, 2020
Insurance
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.
QUALIFICATIONS
  • Bachelor’s Degree.
  • 10 or more years of experience in the actuarial or related field to include 5 or more years of management experience and/or experience leading teams and/or projects of varying size and complexity.
  • Attainment of the ASA 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.
  • 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.
  • Preferred:
  • Bachelor’s degree in Actuarial Science, Mathematics, or Statistics.
  • 13 or more years of actuarial experience.
  • FSA experience.