Sr Vice President - Actuary
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Role Description
The Reinsurance division at Risk Strategies is part of the National Healthcare Practice, providing consultative risk management and evaluation services across a full range of individual and group medical and supplemental health products for both private and public-sector clients.
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Client & Program Review and Support (Primary)
- Develop proformas and evaluate business plans and new product opportunities for clients/prospects
- Support carrier/reinsurer discussions to secure rating and underwriting approvals
- Conduct contract reviews and analyze client projections
- Perform peer reviews of rate development and prepare reports to track program performance
- Provide client-specific analysis to support tailored reinsurance renewal strategies
- Monitor and communicate regulatory changes impacting various lines of business and products
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Client & Program Analyses (As Needed)
- Perform claims, trend, rate, benchmarking, and completion factor analyses
- Conduct case reserve and IBNR evaluations, and develop premium/claim triangles
- Support actuarial and underwriting projects, including data integration and analysis across systems (e.g., medical and PBM claims)
- Provide additional actuarial or underwriting support as needed
Qualifications
- 10+ years of relevant and progressively responsible actuarial experience
- An Associate or Fellow of the Society of Actuaries and a Member of the American Academy of Actuaries
- Experience relevant to the responsibilities summarized above, preferably across a variety of health-related lines of business and products
- Self-motivated with the ability to work both independently and with a team
- Strong verbal and written communication, problem-solving and analytical skills
- Effective time management skills
- Ability to apply actuarial concepts and calculations to complex, diverse situations
- Advanced technical background with expertise in at least MS Excel, Access and Word
Requirements
- Base pay is one part of our total compensation package, which includes a comprehensive suite of benefits, including medical, dental, vision, disability, and life insurance, retirement savings, and paid time off and paid holidays for eligible employees.
- The expected base pay range for this position is between $109,400 - $232,000 annually.
- The actual base pay offered may vary depending on multiple individualized factors, including geographical location, education, job-related knowledge, skills, and experience.
Benefits
- Comprehensive risk management advice
- Insurance and reinsurance placement for property & casualty, employee benefits, private client services
- Consulting services and financial & wealth solutions