CareSource

Director, Actuarial Science

CareSource

full-time

Posted on:

Origin:  • 🇺🇸 United States • Ohio

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Salary

💰 $132,900 - $232,700 per year

Job Level

Lead

Tech Stack

SQL

About the role

  • Accountable for pricing, forecasting, month-end close activities and performance monitoring and explanations; includes development of key processes and assumptions, accruals and evaluation of financial experience and trend drivers including comparisons to budget and reforecast
  • Develop activities to improve efficiency and affordability
  • Execute the strategy and guide teams in the development of multiple internal statistical models to support key business goals / initiatives; bid pricing models, financial projections, contract modeling, ad hoc support projects
  • Proactively identify and influence at Senior Management levels
  • Actuarial concepts / business drivers to support interactions with federal level and state level regulators
  • On request, lead new business projects for the business development team at the Senior Management level
  • Responsible for the integrity of all federal or state rate filing requirements as necessary
  • Identify and lead opportunities across multiple functions within the organization where the actuarial team can drive completion of corporate goals
  • Lead a team of actuaries ensuring compliance with applicable Actuarial Standards of Practice and supporting their training and personal development, or provide mentorship to other teams
  • Remain current, be able to explain and understand business impacts of all pertinent industry developments, including but not limited to, federal and state regulations and sub-regulatory guidance
  • Responsible for development of tactical plans and goals for functional area, accountable for problem solving and decisions that impact for the functional area
  • Understand and explain the financial drivers for owned product/market, including IBNR and other accruals
  • Perform any other job duties as requested

Requirements

  • Bachelor's degree in actuarial science, mathematics, economics or a related field
  • Minimum of eight (8) years of decision support, financial analysis, or actuarial experience (preferred)
  • Minimum of three (3) years of management experience (preferred)
  • Strong database (SAS or Access) experience (preferred)
  • Managed Care or healthcare experience (preferred)
  • Associate of the Society of Actuaries (ASA) is required; Fellow of the Society of Actuaries (FSA) is preferred