Managing Actuary – Supplemental Benefits

Job Summary: The Managing Actuary provides leadership and direction to ensure team goals and strategies are successfully achieved. Essential Functions: - Lead a small team of actuaries ensuring compliance with applicable Actuarial Standards of Practice and supporting their training and personal development. - Responsible for pricing, forecasting, reserving or other actuarial processes including development of key assumptions, as well as evaluation of financial experience and trend drivers - Develop and communicate actionable and strategic recommendations to leadership in support of company goals - Manage the development and maintenance of actuarial models to support key business goals and initiatives, such as actual to expected experience reporting, actuarial reserves and accruals, bid pricing/rate filings, forecasting, and contracting models - Own the actuarial processes being managed (i.e., rate/bid filings, pricing, forecasting, reserving) within the company and with external vendors for assigned lines of business - Specific function may require performing baseline analysis on expectations of rate changes for future years and work with federal and state agencies to support rate filings and other relevant activities - Specific function may require overseeing development and review of Incurred But Not Reported (IBNR) reserve estimates for all CareSource lines of business on a monthly basis - Perform any other job related instructions as requested Education and Experience: - Bachelor's degree in actuarial science, mathematics, economics or a related field or equivalent years of relevant work experience is required - Prior experience with supplemental benefits (dental, vision, hearing, etc.) preferred - Two to three (2 to 3) years or more of management experience is preferred - Two to three (2 to 3) years or more of actuarial experience is preferred - Strong database (SQL, SAS or Access) experience is preferred - Managed care or healthcare experience is preferred Competencies, Knowledge and Skills: - Excellent written and verbal communication skills - Excellent listening and critical thinking skills - Strong interpersonal skills and high level of professionalism - Ability to manage, develop, and motivate staff - Ability to develop, prioritize and accomplish goals - Ability to interact with all levels of management as well as external stakeholders - Excellent problem-solving skills with attention to detail - Excellent auditing and peer reviewing skills - Ability to work independently and within a team - Ability to effectively analyze data, develop/maintain appropriate models, draw and report findings and/or conclusions tailored for respective audiences - Demonstrate sound business judgment when drawing conclusions and making recommendations - Communicate status and results of processes, projects, goals and tasks with leader as needed or requested - Expert proficiency level with Microsoft Excel - Advanced proficiency with Microsoft Suite to include Word and Power Point - Knowledge of SQL, SAS, R, Python or other data manipulation software Licensure and Certification: - Associate of the Society of Actuaries (ASA) is required - Fellow of the Society of Actuaries (FSA) is preferred Working Conditions: - General office environment; may be required to sit or stand for extended periods of time - May be required to travel less than 10% of the time Compensation Range: $94,100.00 - $164,800.00 CareSource takes into consideration a combination of a candidate’s education, training, and experience as well as the position’s scope and complexity, the discretion and latitude required for the role, and other external and internal data when establishing a salary level. In addition to base compensation, you may qualify for a bonus tied to company and individual performance. We are highly invested in every employee’s total well-being and offer a substantial and comprehensive total rewards package. Comp