Actuarial Services Director directs the activities of an organization's actuarial function. Develops mathematical analyses and financial principles to solve insurance problems. Being an Actuarial Services Director calculates premiums, designs insurance plans, creates probability charts and may aid in the calculation of necessary funds to ensure future payments of benefits. Advises management in the determination of major rating assumptions. Additionally, Actuarial Services Director requires a bachelor's degree. Typically reports to top management. May require ASA or FSA designation. 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. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be an Actuarial Services Director typically requires 5+ years of managerial experience. (Copyright 2024 Salary.com)
Description
The healthcare system isn’t designed for health. We’re designed to change that.
We’re Wellvana, and we help doctors deliver life-changing healthcare.
Through our high-touch approach to value-based care, we're moving beyond fee-for-service and helping tie the healthy outcomes of patients directly to healthier profitability for primary care physicians, payors and health systems.
Physicians and health systems in our curated network retain full ownership while Wellvana takes on all the upfront risk, investing capital, people-power and customized medical management strategy to help each provider flourish on their path to full-risk value-based care.
We provide turnkey support to clinicians to reduce their administrative headaches and help them spend more time with patients. Patients, in turn, get an elevated experience with coordinated care that is nothing short of life changing.
Named a Best Place to Work by Nashville Business Journal and featured in Insider’s 33 startups “investors expect to take off in 2023,” we’re one of the fastest-growing companies in America because what we do works.
This is the way medicine is meant to be.
Clarity on the Role:
The Senior Director, Actuarial, will provide leadership and work closely with Wellvana’s analytics team in the development of value-based care insights supporting our vision, strategic direction and performance. Scope of duties will include but not be limited to medical and pharmacy expense analyses, pre-sales analytics, underwriting, actuarial forecasting, and population health management analyses. This role consults and collaborates with senior management regarding financial results, forecasting, and performance management. This position will be key in helping the business meet financial and key objectives by identifying and quantifying opportunities and risks, through key root-cause analyses, and providing recommendations. The role will need to be able to successfully work within a complex but nimble environment. This position will work closely with and report to the Chief Actuary.
What's Expected:
Requirements
Preferred Competencies: