Director, Actuarial Science

This is a fully remote position, open to applicants in United States.

📋 Description

• Direct the strategic vision, foster innovation, and generate critical insights that enhance company performance.

• Supervise pricing, forecasting, month-end closing operations, performance tracking, explanations, processes, assumptions, accruals, and financial experience analysis.

• Initiate activities aimed at boosting efficiency and cost-effectiveness.

• Implement strategies and assist teams in creating statistical models for bid pricing, financial forecasts, contract modeling, and ad hoc assignments.

• Recognize and influence actuarial concepts and business drivers at senior management levels.

• Facilitate interactions with federal and state regulators.

• Lead new business initiatives for the business development team as required.

• Ensure compliance with federal and state rate filing requirements.

• Drive cross-functional actuarial opportunities that align with corporate objectives.

• Supervise actuaries, ensure adherence to Actuarial Standards of Practice, and support training and development efforts.

• Monitor industry trends, regulations, and sub-regulatory guidance while clarifying business implications.

• Establish tactical plans and objectives for the functional area and make impactful decisions.

• Clarify financial drivers for owned products and markets, including Incurred But Not Reported (IBNR) and other accruals.

• Assist in the design, development, and rollout of AI-driven actuarial solutions.

• Assess emerging AI capabilities and guide their responsible application for pricing, forecasting, financial analysis, regulatory support, and other actuarial functions.

• Perform other related duties as assigned.

⛳️ Requirements

• A bachelor's degree in actuarial science, mathematics, economics, or a related field is required.

• A minimum of eight years in decision support, financial analysis, or actuarial roles is preferred.

• Three years of management experience is preferred.

• Strong database skills with SAS or Access are preferred.

• Experience in Managed Care or the healthcare sector is preferred.

• Exceptional written and verbal communication skills.

• Strong listening and critical thinking abilities.

• Strong interpersonal skills and a high degree of professionalism.

• Capability to manage, develop, and inspire staff.

• Ability to engage with all levels of management and external stakeholders.

• Outstanding problem-solving skills and meticulous attention to detail.

• Proficient in reporting data, analyzing facts, and exercising sound business judgment.

• Capacity to identify and evaluate issues, draw conclusions, develop and lead processes, and communicate results effectively.

• Ability to lead audits of data and models.

• Expert proficiency in Microsoft Excel, Word, and PowerPoint.

• Advanced knowledge of SQL, SAS, R, or other data manipulation tools is preferred.

• Associate of the Society of Actuaries (ASA) is required.

• Fellow of the Society of Actuaries (FSA) is preferred.

• Ability to work in a standard office environment and remain seated or standing for extended periods.

• Occasional travel of up to 15% may be necessary.

🏝️ Benefits

• Performance-related bonus tied to both company and individual achievements may apply.

• Comprehensive and substantial total rewards package.

• Support for total employee well-being.

• Occasional travel of up to 15% based on departmental requirements.