Actuarial Director - Remote (Seattle, WA)

Overview

This position leads the Health & Benefits actuarial function responsible for developing tools and models and managing client projects focused on employers’ health benefits strategies. Work includes financial projections, carrier selection support, plan design optimization, employee contribution setting, IBNR valuations, benchmarking, well-being initiatives, and renewal negotiations.

The role creates client deliverables, provides direction to other actuaries and junior analysts, serves as a financial client contact, and presents deliverables in partnership with senior client team members. Subject matter expertise is central to the role, and projects may be led end to end depending on client needs.

Responsibilities

• Lead development and oversee execution of client data and analytics strategies.
• Concede/plan and conduct actuarial studies.
• Ensure a financial forecasting system that generates accurate projections for cost, claims, administrative expenses, underwriting gains/losses, and explain variances to senior management.
• Devise, collect, maintain, and report financial and statistical information to monitor cost and utilization trends and ensure accuracy of factors used in current financial arrangements.
• Independently determine methodologies and approaches for projects.
• Facilitate client meetings, client presentations, and internal team meetings.
• Lead development of client deliverables, including written documents.
• Manage timelines to ensure completion of client deliverables.
• Ensure all work products are technically peer reviewed and submitted for consulting review.
• Provide internal project status updates.
• Support business development activities.
• Serve as a mentor to staff within the department by monitoring work, providing guidance, and supporting knowledge transfer.
• Lead team responsibilities, including involvement in hiring and termination decisions, coaching and development, rewards and recognition, performance management, and staff productivity.
• Oversee and help develop and maintain tools and actuarial models used to measure client spend and risk exposures.
• Provide overall direction for development, application, and consistent administration of actuarial principles and statistical techniques.
• Create and execute the enterprise data and analytics strategy to drive business value.

Requirements

• Expert analytical skills, including experience in data analysis or financial modeling.
• Creative and consultative approach with an interest in thinking outside of the box.
• Excellent written and oral communication skills.
• Proven project management skills and creative problem-solving abilities.
• Demonstrated ability to independently manage multiple complex projects simultaneously.
• Experience presenting technical concepts to a non-technical audience.
• Strong presentation skills and consulting project experience; ability to translate data analysis into clear recommendations for client decision-making.
• Deep understanding of health insurance, medical stop loss, reinsurance, and ancillary employee benefit products.

Education & Experience

• Minimum 10 years of relevant experience holding relevant actuarial credentials.
• Experience leading and managing people.
• 3+ years of experience building risk models.
• 3+ years of experience with client-facing responsibilities.
• BA/BS degree in actuarial science, math, finance, economics, or related field.
• Expert level proficiency with MS Excel (including VBA) and either R or Python.

Preferred Qualifications

• Not specified.

Compensation & Benefits

• Typical base pay range (nationwide): $220,000 to $240,000 per year.
• Base pay depends on skills, education, qualifications, professional experience, and location.
• Some roles may be eligible for variable compensation, commission, and/or annual bonus based on individual performance and/or the organization’s performance.
• Benefits may include eligible health, wellbeing, retirement, and other financial benefits; paid time off; overtime pay for non-exempt employees; and learning and development programs.
• Reimbursement of job-related expenses per organization policy.
• Eligible employee perks and discounts may be available.

Location

• Nationwide (base pay range provided for the U.S. nationwide).