VP, Chief Actuary

Posted 3ds ago

Employment Information

Industry
Education
Salary
Experience
Job Type

Report this job

Job expired or something wrong with this job?

Job Description

Chief Actuary leading PacificSource’s health-plan pricing, risk, and financial strategy. Overseeing actuarial teams, forecasting, regulatory compliance, and value-based care analysis.

Responsibilities:

  • Lead enterprise actuarial strategy and advise executive leadership and the Board on pricing, financial risk, market trends, capital requirements, growth opportunities, and long-term financial performance
  • Direct actuarial functions across pricing, forecasting, reserving, trend analysis, risk modeling, underwriting support, financial performance evaluation, and scenario modeling
  • Ensure sound premium development, IBNR reserves, Statements of Actuarial Opinion, regulatory certifications, and compliance with actuarial standards
  • Monitor healthcare utilization, cost trends, and emerging risks and recommend mitigation strategies
  • Lead actuarial support for Enterprise Risk Management, Own Risk and Solvency Assessment, and other risk activities
  • Ensure compliance with state and federal regulations, accreditation requirements, and actuarial standards
  • Lead actuarial evaluation, pricing, and financial impact analysis for products, benefit designs, regulatory changes, market opportunities, and healthcare delivery models
  • Partner with Product Development, Sales, Marketing, Government Programs, and other leaders on competitive positioning and strategic growth
  • Support value-based reimbursement arrangements, risk-sharing agreements, provider incentive programs, and alternative payment models
  • Analyze provider performance, quality outcomes, cost trends, and clinical program effectiveness
  • Oversee actuarial analytics, predictive modeling, business intelligence, and data-driven insights
  • Collaborate with data and technology teams on analytical capabilities, modernization, and executive reporting
  • Provide leadership, coaching, and professional development for actuarial and underwriting staff
  • Manage culture, departmental operating and capital budgets, expense forecasting, variance analysis, and resource allocation
  • Partner with Accounting and oversee FP&A for financial planning, budgeting, forecasting, reporting, and cost-benefit analysis
  • Participate in strategic and internal committees
  • Meet department and company performance and attendance expectations
  • Follow privacy policy and HIPAA requirements for protected health information
  • Perform other duties as assigned

Requirements:

  • At least 10 years of progressive actuarial leadership experience within healthcare, health insurance, managed care, or related industries
  • At least 4 years in a leadership role
  • Experience with Medicare Advantage, Medicaid, ACA Marketplace, and risk adjustment programs
  • Experience supporting value-based care and alternative payment models
  • Experience managing multiple actuarial disciplines and business functions
  • Baccalaureate degree in business, mathematics or a related field
  • Active member in good standing of American Academy of Actuaries
  • Fellow of the Society of Actuaries (FSA)
  • Thorough knowledge of generally accepted actuarial principles
  • Knowledge and responsibility for performing actuarial projections, ratings, and recommendations
  • Ability to justify analysis and recommendations with sound logic and actuarial principles
  • Ability to work inside in a general office setting with ergonomically configured equipment
  • Ability to stoop and bend, sit and/or stand for extended periods, and perform repetitive typing, sorting, and filing
  • Ability to lightly lift and carry files and business materials
  • Ability to read and comprehend written and spoken English
  • Ability to communicate clearly and effectively

Benefits:

  • Equal opportunity employment
  • Travel approximately 5% of the time