Actuarial Services Director directs the activities of an organization's actuarial function. Oversees the analysis and evaluation of potential risks to determine the financial impacts of new or existing insurance plans. Being an Actuarial Services Director develops policies, procedures, and formulas to guide statistical analysis and actuarial research and evaluate the likelihood and financial impact of various risks. Designs processes and guidelines to ensure regulatory compliance of products and financial operations. Additionally, Actuarial Services Director leads the design and development of insurance products by evaluating and approving insurance rates, premium levels, and rating systems and structures. Oversees the preparation of actuarial reports, financial statements, and regulatory filings and develops financial budgets, forecasts, and other financial projections. Researches and selects major rating assumptions to support accurate statistical analysis and evaluates the effectiveness of existing formulas. Evaluates product performance against established profitability targets and recommends modifications. Applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in life, health, social, and casualty insurance, annuities, and pensions. Requires a bachelor's degree. May require Associate of Society of Actuaries (ASA). May require Fellow of Society of Actuaries (FSA). Typically reports to senior management. The Actuarial Services Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be an Actuarial Services Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)
Responsible for the direction, leadership, and support of operational, financial, programmatic, continuous improvement and personnel activities for inpatient care provided at Henry Ford Health. Responsible for directing patient flow and care coordination through optimizing day-to-day operations, budgeting, financial management, and human resource management.
Areas of direct oversight and responsibility include intensive care and progressive care inpatient nursing, nursing assistants, unit secretaries, and includes establishing, meeting and continuously monitoring goals and objectives for areas of responsibility while maintaining alignment with system strategic goals and objectives.
Works closely with a variety of stakeholders, coordinating the activities of patient flow throughout a patient's stay and discharge to home or other outside facility. Provides coaching (e.g. teaching, leading and mentoring team members in continuous process improvement) and interacting with physicians, mid-level providers, team members, patients and family members, and other leaders at Henry Ford Health to identify and support improvement efforts toward performance excellence. Serves as the programmatic and operational leader for inpatient care and works closely with other leaders.
.EDUCATION/EXPERIENCE REQUIRED:
CERTIFICATIONS/LICENSURES REQUIRED: Current licensure in the State of Michigan.
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