his position oversees and directs the work of analysts in a supervisory capacity. This position is responsible for implementing departmental strategy and policies in order to meet team goals, as well as making recommendations to Actuarial management where appropriate.
Essential Functions:
- Responsible for coordinating the activities analysts ensuring accurate and timely release of requested analyses and reports. Responsible for providing training, development, documenting performance issues, if needed, and monitoring and enforcing adherence to Company policies. The Supervisor sets objectives, writes and deliveries performance feedback and appraisals, promotions, salary increases, hiring and disciplinary communications.
- Responsible for coordinating the development and extensive analytical review of various actuarial analyses such as IBNR, trend, rating actions, and valuation work in support of departmental objectives. This includes supporting the junior team members, working with other areas within the Company, producing presentations for senior management and communicating status of deliverables to the department management.
- Oversee calculations, serve as Subject Matter Expert (SME), direct the workflow and ensure that sound actuarial and financial methods are used by Analysts.
- Other responsibilities include:
- Annual Medicare Bidding Actuarial Support
- Monthly financial analysis, Part D & risk score accrual and Data Reconciliation
- Experience study
- Medicare group pricing
- Financial Forecasting
Supervisory Responsibility:
This position manages people – 1-5
Qualifications
Education Level: Bachelor’s Degree in Actuarial Science, Finance, Mathematics or related field. In lieu of a Bachelor’s degree, an additional 4 years of relevant work experience is required in addition to the required work experience.
Experience: 3 years health actuarial experience with demonstrated leadership.
Licenses/Certifications: Associate of the Society of Actuaries (ASA)