The Actuarial Director of Pricing and Forecasting is responsible for all aspects of actuarial pricing and forecasting for commercial business. This includes rate development, rate filing, budgeting, and forecasting. The director will also oversee all analytical support for the Underwriting department.
DUTIES/RESPONSIBILITIES:
•Overseeing the establishment of competitive pricing, maintenance of adequate reserves, and development of new products for Commercial business.
•Overseeing all analytical support for Underwriting, monitoring emerging experience on all commercial products and reports to internal stakeholders on issues and opportunities to grow profitable business.
Working on cross-functional teams complete core pricing and forecasting work, but also support new initiatives and develop strategic plans.
•Guiding complex analyses and setting appropriate pricing methodologies to inform our optimal rating decision, that balances financials and membership. Utilizes competitive analysis to recommend rating actions to grow profitable membership.
Requirements
•Bachelor’s degree in Mathematics or other quantitative discipline.
•ASA or FSA designation required
•At least 7 years of relevant experience, minimum of 2 in a leadership role.
•Proven experience motivating and successfully managing staff
•Strong leadership and communication skills with ability to think strategically.
•Strong communication skills, including the ability to lead planning and review sessions and to manage buy-in during negotiations.