- Provide the analytical resources necessary for the development of overall pricing and reserve setting strategies.
- Lead projects to analyze current rate structures and develop improvements and alternatives.
- Coordinate the actuarial staff as needed to support the activities of the affiliates.
Responsibilities:
- Work closely with Senior Product Management and Finance to analyze financial performance of blocks of business, including membership, trend, and financial analyses.
- Identify opportunities to improve product performance in collaboration with all areas of the organization.
- Oversee the development and filing of premium rates for all products with the appropriate regulatory authority (e.g., CMS, New York Dep't of Health).
- Work closely with Risk Adjustment and other areas to optimize risk adjustment and related programs to increase Emblem's premium revenue for these segments.
- Supervise and develop direct reports accountable for Medicare and State Sponsored areas, as well as other staff.
Qualifications:
- Bachelor's degree in Actuarial Science, Mathematics, other physical science, or related finance/business degree required
- Associate of the Society of Actuaries (ASA) required
- 5 - 8+ years relevant professional work experience and/or education required
- 4+ years health insurance actuarial experience, preferably in the managed care industry required
- Prior management experience (processes and/or staff) preferred
- A comprehensive understanding of actuarial principles and methodologies; strong mathematical and analytical skills required
- Ability to communicate effectively with Business leaders required
- Expert level skills with database, spreadsheet, and analytical software required
- Proficiency with MS Office (Word, Excel, Access, PowerPoint, Outlook, Teams, etc.) required
- Strong data querying skills using tools such as SQL or SAS Enterprise Guide preferred
- Capable with data extraction, simulations, automation required