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Commercial Pricing Actuary

Devoted Health

Commercial Pricing Actuary

Waltham, Massachusetts, United States · Remote · Yesterday

Salary
$175k - $250k
Experience
5+ Years

Role Summary

Role type

Pricing partner to underwriting

Closer to a live-business underwriting partner than a pure modelling role, because pricing decisions are tied to quotes, risk selection, renewals, and regulatory approvals.

Director-level Health actuarial pricing role for Commercial Large Group, ASO, and stop-loss business. You will build rating engines, lead state rate filings, partner with underwriting and business functions, and present pricing strategy to executives and boards. The role is remote, with a listed base salary of $175,000-$250,000.

Requirements

Must have

  • 8+ years of progressive healthcare actuarial experience
  • At least 5 years of direct focus on Commercial actuarial pricing, rating model development, and regulatory rate filings
  • Demonstrated experience building rating engines from scratch or significantly upgrading pricing tools
  • Proficiency in actuarial modeling and data manipulation (e.g., SQL, Python, R, SAS)
  • Direct experience managing the full lifecycle of Commercial rate filings through SERFF
  • Hands-on experience partnering with or establishing guidelines for underwriting teams, experience rating logic, and portfolio performance tracking
  • Proven ability to consistently drive complex, time-sensitive filings and pricing projects to completion on schedule
  • Exceptional interpersonal skills and proven track record of working constructively across cross-functional teams

Nice to have

  • Actuarial credentials: Associate (ASA) or Fellow (FSA) of the Society of Actuaries, and MAAA
  • Experience interfacing with reserving, value-based contracting, or medical economics functions
  • Comfort operating in a fast-paced, high-growth environment

Skills & Domain

ToolsExcel
DomainCommercial Large Group pricingState rate filings and regulatory reviewsASO and stop-loss pricingRating model developmentUnderwriting collaboration