Senior Director, Underwriting – Certified Actuary (FSA/ASA)

ActuaryActuaryFull TimeRemoteSeniorTeam 1,001-5,000H1B SponsorCompany SiteLinkedIn

Location

United States

Posted

82 days ago

Salary

$127.3K - $229.1K / year

Seniority

Senior

Bachelor Degree12 yrs expEnglish

Job Description

• Work with assigned business units and Finance to deliver profitable growth of the business line • Lead a staff managing the entire underwriting process for prospective clients • Analyze claims data and develop cost-of-care projections for existing customer renewals and new business opportunities • Interact with clients to resolve differences in projections and rate-setting methodology • Incorporate administrative cost projections and business unit profit objectives to develop final rates quoted to customer • Responsible for cost pricing, including evaluating data, building underwriting and evaluating profitability • Complete quarterly savings reporting to current clients and provide estimated savings for prospect clients • Review utilization, cost trends, and other assumptions used in pricing models • Evaluate cost impact of new product initiatives and propose rate structures to maximize profitability • Ensure appropriate underwriting policies and procedures are applied to new and existing business • Provide recommendations on product and customer rates to senior management and coordinate approval process • Manage team of pricing and reporting analysts. • Support a variety of projects from Business Unit and Corporate Finance. • Other duties as assigned.

Job Requirements

  • 12+ years of experience in underwriting
  • Minimum of 5 years of experience in underwriting management
  • Experience in leading a team of people
  • Thorough knowledge of the health care and health insurance industries
  • Ability to develop and document creative approaches to underwriting new products
  • Experience in analysis of medical and related administrative cost data
  • Strong knowledge of underwriting principles in a managed care environment
  • Excellent written and communication skills
  • Ability to self-start and work independently
  • Good analytical, reasoning and problem-solving skills
  • Strong organizational skills and must be able to adhere to strict deadlines
  • Willingness to learn new product lines and adapt to changing environment
  • Strong working knowledge Microsoft Office Product suite, specifically Excel
  • Experience with managing large data sets with tools such as MS Access.

Benefits

  • Health, life, voluntary and other benefits and perks that enhance your physical, mental, emotional and financial wellbeing.

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