Overview
This role involves managing actuarial work for several ACA markets and leading a team of analysts. Responsibilities include driving pricing development, ensuring actuarial soundness, and partnering with Market P&L, Insurance Product, and other analytic functions on region-specific pricing, network, and product strategy.
The position is fully remote and open to candidates residing in the U.S., excluding Alaska; Delaware; Hawaii; Louisiana; Montana; North Dakota; Oklahoma; West Virginia; Wyoming; and U.S. Territories. Work is completed from a home office, with occasional travel required for team meetings and company events.
Responsibilities
- Maintain pricing models and methodologies, including performing trend analyses and experience monitoring.
- Oversee end-to-end rate development within a specific region for ACA markets.
- Influence and collaborate with key stakeholders to guide strategic decisions related to rates.
- Monitor and apply emerging A:E and market dynamics within your region to inform prospective pricing strategy.
- Provide an actuarial viewpoint across cross-functional teams to support sustainable growth for ACA-compliant Individual Markets.
- Mentor, coach, and provide regular feedback to pricing analysts.
- Promote and shape actuarial best practices related to automation and documentation.
- Maintain strong relationships, rapport, and communication with internal and external stakeholders.
- Ensure compliance with all applicable laws and regulations.
- Perform other duties as assigned.
Requirements
- College degree in a STEM field.
- Associate or Fellow of the Society of Actuaries (SOA), or on the track to become one.
- 5+ years of quantitative analysis experience.
Preferred Qualifications
- Excellent communication, collaboration, and relationship-building skills.
- Strong understanding of health insurance concepts and nuances.
Compensation & Benefits
Base pay
- For the states of California, Connecticut, New Jersey, New York, and Washington: $135,792 - $178,227 per year.
- For all other locations: $122,213 - $160,404 per year.
Additional compensation and benefits
- Eligible for employee benefits.
- Participation in an unlimited vacation program.
- Annual performance bonuses.
- Final offer amounts (within the base pay ranges above) are determined by factors including relevant skills, education, and experience.
Full-time employees are eligible for benefits including:
- Medical, dental, and vision benefits
- 11 paid holidays
- Paid sick time
- Paid parental leave
- 401(k) plan participation
- Life and disability insurance
- Paid wellness time and reimbursements
Location
Fully remote; candidates must reside in the U.S. excluding Alaska; Delaware; Hawaii; Louisiana; Montana; North Dakota; Oklahoma; West Virginia; Wyoming; and U.S. Territories. Occasional travel may be required for team meetings and company events.
Reporting
Reports into the Associate Director, Actuarial.