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

Magellan Health

Director of Underwriting/Pricing managing the development and pricing of new product financial models at Magellan Health. Collaborating with business units for comprehensive product enhancements and analysis.

Posted 7/3/2026full-timeRemote • 🇺🇸 United StatesLead💰 $117,860 - $200,360 per yearWebsite

About the role

Key responsibilities & impact

Responsible for the development and underwriting of new product financial and programmatic cost models
Work with existing models and customers on product enhancements and modifications
Prepare analyses and various ad-hoc projects for executive management
Develop, document, and apply underwriting procedures, analytical approach, and requisite tools for new products
Review utilization, cost trends, and other assumptions used in pricing models
Evaluate cost impact of new product initiatives and assess risk associated with each
Direct, oversee, and coordinate with the Manager, Underwriting to ensure appropriate underwriting procedures are applied
Provide recommendations on product and customer rates to senior management team for approval
Analyze claims detail data from multiple in-house claims processing systems and external claims data
Interact with clients/customers and internal staff to resolve issues related to information provided

Requirements

What you’ll need

ASA or FSA Required
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
Actuarial pricing experience required

Benefits

Comp & perks

Health insurance
401(k) matching
Flexible work hours
Paid time off
Comprehensive benefits package

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

Financial ModelingCost AnalysisRisk AssessmentData ManagementAnalytical Approach

Soft Skills

Excellent Written CommunicationProblem SolvingOrganizational SkillsSelf-StarterAdaptability

Certifications

ASAFSA