Director, Actuary – Part D
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Job Description
HCSC Director & Actuary leading complex Medicare Part D actuarial teams, modeling, budgets, and strategy. Remote role serving HCSC’s health insurance business.
Responsibilities:
- Direct highly complicated work teams of actuaries
- Manage long-term complicated projects and work streams
- Set or participate in setting strategy for success in the area
- Ensure appropriate actuarial modeling and technical development of the team
- Develop and drive strategy for tools, technology and resources
- Monitor compliance with applicable requirements and Actuarial Standards of Practice
- Communicate effectively across the company and with external parties
- Prepare compelling written and oral presentations for senior leadership and high-level decision-making
- Develop and improve key internal and external relationships
- Apply expert-level understanding of complex actuarial concepts, multiple actuarial areas and one or more business segments
- Track best practices and maintain broad applicable market knowledge
- Manage and develop Directors and below; support effective team building
- Drive continuous improvement resulting in administrative savings or recognized financial improvements
Requirements:
- Bachelor degree in Actuarial Science, Mathematics, Statistics or Economics; other Bachelor or higher degrees may be considered
- Fellow of the Society of Actuaries (FSA) and Membership in the American Academy of Actuaries (MAAA), with compliance with all membership requirements for each designation
- In place of FSA attainment, 4 years of actuarial experience in the health insurance field at the ASA level may be substituted
- At least 7 years of actuarial experience in the health insurance or related field
- Verbal and written communication skills for documentation, training and development, and presentations
- PC proficiency including Word and Excel
- Experience overseeing annual budgets and allocating resources
- Ability to translate needs and initiatives into compelling business cases
- Ability to conduct cost-benefit analyses and ensure ROI
- Must live within the continental United States, excluding Alaska, California, Hawaii or New York
- Sponsorship is not available
Benefits:
- Curated development plans and professional development
- Health and wellness benefits
- 401(k) savings plan
- Pension plan
- Paid time off
- Paid parental leave
- Disability insurance
- Supplemental life insurance
- Employee assistance program
- Paid holidays
- Tuition reimbursement
- Annual incentive bonus plan
- Other incentives
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