Director Actuarial Science

**Job Summary:** The Director, Actuarial Science is responsible for guiding the strategic direction, driving innovation and producing key insights for the organization that drive company performance. **Essential Functions:** * Accountable for pricing, forecasting, month-end close activities and performance monitoring and explanations; includes development of key processes and assumptions, accruals and evaluation of financial experience and trend drivers including comparisons to budget and reforecast. Develop activities to improve efficiency and affordability * Execute the strategy and guide teams in the development of multiple internal statistical models to support key business goals / initiatives; bid pricing models, financial projections, contract modeling, ad hoc support projects * Proactively identify and influence at Senior Management levels Actuarial concepts / business drivers to support interactions with federal level and state level regulators * On request, lead new business projects for the business development team at the Senior Management level * Responsible for the integrity of all federal or state rate filing requirements as necessary * Identify and lead opportunities across multiple functions within the organization where the actuarial team can drive completion of corporate goals * Lead a team of actuaries ensuring compliance with applicable Actuarial Standards of Practice and supporting their training and personal development, or provide mentorship to other teams * Remain current, be able to explain and understand business impacts of all pertinent industry developments, including but not limited to, federal and state regulations and sub-regulatory guidance * Responsible for development of tactical plans and goals for functional area, accountable for problem solving and decisions that impact for the functional area * Understand and explain the financial drivers for owned product/market, including IBNR and other accruals * Leverage actuarial expertise to support the design, development, and implementation of AI-enabled solutions for the actuarial department; partner with internal stakeholders to transition AI use from exploration and learning to scalable, effective solutions that support pricing, forecasting, financial analysis, regulatory support, and other actuarial functions. * Remain current on emerging AI capabilities, evaluating applicability to actuarial work, and guiding responsible implementation to improve efficiency, insight generation, and business decision support * Perform any other job related duties as requested. **Education and Experience:** * Bachelor's degree in actuarial science, mathematics, economics or a related field required * Eight (8) years of decision support, financial analysis, or actuarial experience preferred * Three (3) years of management experience preferred * Strong database (SAS or Access) experience preferred * Managed Care or healthcare experience 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 interact with all levels of management as well as external stakeholders * Excellent problem-solving skills and attention to detail * Ability to effectively report data, analyze facts, and exercise sound business judgment when making recommendations * Ability to identify and analyze problems, draw conclusions, develop and lead processes and communicate status and results * Ability to lead audits of data and models * Demonstrate sound business judgment when drawing conclusions and making decisions * Expert proficiency with Microsoft Suite to include Excel, Word, and Power Point * Advanced knowledge of SQL, SAS, R, or other data manipulation software is preferred **Licensure and Certification:** * Associate of the Society of Actuaries (ASA) required * Fellow of the Society of Actuaries (FSA) preferred **Working Conditions:** * General office environment; may be required to sit or stand for extended periods of time * Up to 15% (Occasional) travel based on the needs of the department may be required ### Compensation Range: $135,600.00 - $237,400.00 [CareSource](https://himalayas.app/companies/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. ### Compensation Type (hourly/salary): Salary ### Organization Level Competencies * Fostering a Collaborative Workplace Culture * ### Cultivate Partnerships * ### Develop Self and Others * ### Drive Execution * ### Influence Others * ### Pursue Personal Excellence * ### Understand the Business ### **This job description is not all inclusive. [CareSource](https://himalayas.app/companies/caresource) reserves the right to amend this job description at any time. [CareSource](https://himalayas.app/companies/caresource) is an Equal Opportunity Employer. We are dedicated to fostering an environment of belonging that welcomes and supports individuals of all backgrounds.** Brand=[CareSource](https://himalayas.app/companies/caresource) Originally posted on [Himalayas](https://himalayas.app)