The Health & Benefits actuarial department at OneDigital is responsible for managing client projects that focus on employers’ health benefits strategies, including financial projections, carrier selection, plan design optimization, employee contribution setting, IBNR valuations, benchmarking, well-being initiatives, and renewal negotiations.  Centralized at corporate, the department works both with field office analytics and consulting leaders, as well as directly with large clients.  The team helps OneDigital colleagues and clients evaluate and optimize their health and welfare programs.   

As a part of this team, theActuarial Directorcreates client deliverables, provides direction to other actuaries and junior analysts, serves as a financial client contact, and presents deliverables to clients in partnership with senior members of client teams. This position provides the opportunity to meet directly with clients, from mid-management to the c-suite; collaborating on different workstreams and sharing ideas and insights. Most often the Actuarial Directoris brought in as a subject matter expert, however at other times he/she may lead a project end to end.  

He/she will provide overall direction relative to the development, application and consistent administration of actuarial principles and statistical techniques to ensure sound financials. TheActuarial Directoris responsible for the creation and execution of the enterprise data and analytics strategy to drive business value.  

Essential Duties and Responsibilities (include but are not limited to):

• Leads development and oversees execution of client data and analytics strategies.  

• Conceives, plans and conducts actuarial studies. 

• Ensures a financial forecasting system which generates accurate projections relative to cost, claims, administrative expenses, underwriting gains/losses, with the ability to explain variances to senior management.  

• Devises, collects, maintains, and reports financial and statistical information required to monitor cost and utilization trends in order to assure accuracy of the factors used in current financial arrangements. 

• Independently determines methodologies and approaches for projects. 

• Facilitates client meetings, client presentations and internal team meetings. 

• Leads the development of client deliverables, including written documents. 

• Manages timelines, including completion of client deliverables. 

• Ensures all work products are technically peer reviewed and submitted for consulting review. 

• Actively communicates project status updates with internal team. 

• Supports business development activities. 

• Serves as mentor to staff within the department, monitoring work and providing guidance and support ensuring the passage of institutional knowledge. 

• Performs team leadership responsibilities to include, but not limited to being involved in hiring and termination decisions, coaching and development, rewards and recognition, performance management and staff productivity.  

Qualifications, Skills and Requirements:

• Expert analytical skills – experience in data analysis or financial modeling 

• A creative and consultative approach, with an interest in thinking outside of the box 

• Excellent written and oral communication skills 

• Proven project management skills and creative problem-solving abilities 

• Demonstrated ability to independently manage multiple complex projects simultaneously 

• Experience presenting technical concepts to a non-technical audience 

• Strong presentation skills and consulting project experience – ability to translate results of data analysis into easy-to-understand recommendations for client decision-making 

• Deep understanding of health insurance, medical stop loss, reinsurance, and ancillary employee benefit products 

Education, Training and Experience:

• Minimum 10 years of relevant experience holding relevant actuarial credentials 

• Experience leading and managing people 

• 5+ years of experience with client-facing responsibilities

• BA/BS degree in actuarial science, math, finance, economics or related field