Actuarial Services Director jobs in Indiana

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)

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Actuarial Director
  • Elevance Health
  • Indianapolis, IN FULL_TIME
    • Job Family: ACT > Actuarial
    • Type: Full time
    • Date Posted: Apr 11, 2024
    • Anticipated End Date: Apr 26, 2024
    • Reference: JR111740

    Description

    Actuarial Director

    Location: This position will work a hybrid model (remote and office). The Ideal candidate will live within 50 miles of one of our Elevance Health PulsePoint locations.

    The Actuarial Director will be responsible for identifying, evaluating and responding to financial risks inherent in the pricing and development of health insurance products.

    How you will make an impact:

    • Prepares and interprets data and related formulae.
    • Monitors trend of profit and profitability by line of business and/or product
    • Serves on major, multi-function projects as Actuarial representative.
    • Organizes and directs the staffing and workflow of the section.

    Minimum Requirements:

    • Requires a BA/BS degree and minimum of 6 years related experience; or any combination of education and experience, which would provide an equivalent background.

    Preferred Skills, Capabilities, and Experiences:

    • FSA required from the Society of Actuaries (SOA).
    • Advance degree preferred.
    • Self-starter with proficient programming and communication skills for a director level opportunity.
    • Advance data analytics experience with Sequel/VBA/Excel strongly preferred.
    • Prior experience in underwriting and risk management strongly preferred.


    Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.

    Who We Are

    Elevance Health is a health company dedicated to improving lives and communities – and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.

    How We Work

    At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business.

    We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.

    Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process. Candidates must reside within 50 miles or 1-hour commute each way of a relevant Elevance Health location.

    The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws.

    Elevance Health is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact elevancehealthjobssupport@elevancehealth.comfor assistance.

  • 11 Days Ago

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AVP - Actuarial Product Pricing
  • Global Atlantic Financial Group - Actuarial Opportunities
  • Des Moines, IN FULL_TIME
  • POSITION OVERVIEW This position is a key member of the Individual Markets Product Pricing team, responsible for the pricing of industry-leading product portfolio. This individual will engage with key ...
  • 25 Days Ago

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Director of Environmental Services (EVS Director)
  • Metz Environmental Services
  • Lafayette, IN FULL_TIME
  • Position: Director of Environmental Services (EVS Director) Salary: $65,000 Metz EVS is hiring for a Director of EVS/Housekeeping & Laundry to oversee operations at a prestigious CCRC in Indianapolis....
  • Just Posted

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Director of Environmental Services (EVS Director)
  • Metz Environmental Services
  • Greencastle, IN FULL_TIME
  • Position: Director of Environmental Services (EVS Director) Salary: $65,000 Metz EVS is hiring for a Director of EVS/Housekeeping & Laundry to oversee operations at a prestigious CCRC in Indianapolis....
  • 1 Day Ago

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Director of Environmental Services (EVS Director)
  • Metz Environmental Services
  • Anderson, IN FULL_TIME
  • Position: Director of Environmental Services (EVS Director) Salary: $65,000 Metz EVS is hiring for a Director of EVS/Housekeeping & Laundry to oversee operations at a prestigious CCRC in Indianapolis....
  • 1 Day Ago

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Director of Maintenance and Environmental Services
  • Vitality Senior Services
  • Jeffersonville, IN FULL_TIME
  • Director of Maintenance and Environmental Services Bridgepointe Gardens Assisted Living, located in Jeffersonville, IN, is currently recruiting for a dynamic individual to join our Maintenance and Env...
  • 16 Days Ago

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Financial/Actuarial Director, Health & Benefits
  • Wtw
  • Brookfield, WI
  • Communicates and delivers complex concepts and financial/actuarial/analytic results to effectively drive client action a...
  • 4/23/2024 12:00:00 AM

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Actuarial Director - P&C Reserving
  • Selby Jennings
  • Houston, TX
  • Actuarial Director - P&C Reserving Job Description: As the Actuarial Reserving Director, you will play a pivotal role in...
  • 4/22/2024 12:00:00 AM

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Remote Actuary Services Director (Medicare)
  • ClientSolv Technologies
  • Englewood, CO
  • Company Description ClientSolv Technologies is an IT solution firm with over a decade of experience serving Fortune 1000...
  • 4/21/2024 12:00:00 AM

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Reinsurance Actuarial Director
  • Aon Corporation
  • Minneapolis, MN
  • Posting Description: Reinsurance Actuarial Director Location: Chicago, New York, Philadelphia, Atlanta Aon is in the bus...
  • 4/21/2024 12:00:00 AM

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Financial/Actuarial Director, Health & Benefits
  • WTW
  • Detroit, MI
  • Candidates in any of the following locations will be considered: Brookfield, WI, Cincinnati, OH, Cleveland, OH, Columbus...
  • 4/21/2024 12:00:00 AM

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Actuarial Director - P&C Reserving
  • Selby Jennings
  • Houston, TX
  • Actuarial Director - P&C Reserving Job Description: As the Actuarial Reserving Director, you will play a pivotal role in...
  • 4/21/2024 12:00:00 AM

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Actuarial Director
  • JCW
  • JCW is currently recruiting on behalf of a leading governmental insurance carrier in their search for an experienced res...
  • 4/20/2024 12:00:00 AM

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Actuarial Director - E&S Property - Hybrid
  • DW Simpson
  • Peoria, IL
  • This role could be a major step up in your career. As an Actuarial Director you will analyze, prepare, and evaluate prof...
  • 3/28/2024 12:00:00 AM

Indiana /ˌɪndiˈænə/ (listen) is a U.S. state located in the Midwestern and Great Lakes regions of North America. Indiana is the 38th largest by area and the 17th most populous of the 50 United States. Its capital and largest city is Indianapolis. Indiana was admitted to the United States as the 19th U.S. state on December 11, 1816. Indiana borders Lake Michigan to the northwest, Michigan to the north, Ohio to the east, Kentucky to the south and southeast, and Illinois to the west. Before becoming a territory, various indigenous peoples and Native Americans inhabited Indiana for thousands of ye...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Actuarial Services Director jobs
$285,975 to $401,736

Actuarial Services Director in Racine, WI
Ensures that the Actuarial Department provides excellent services to various internal and external clients in the areas of pricing, reserving, forecasting, benefits and product development, provider relations/contracting, underwriting, and compliance.
January 23, 2020
Actuarial Services Director in Huntington, NY
If your organization includes a captive agency, actuarial services are a vital piece of your effectiveness and long-term viability.
December 19, 2019
Actuarial Services Director in Lancaster, PA
Join this team and you will provide clients with traditional actuarial services (e.g., reserving, pricing and mergers and acquisition support), as well as leading edge services such as financial reporting and measurement, financial risk management, modelling, hedging, reinsurance, securitization, economic capital and solvency.
December 20, 2019