Actuarial Manager DP


Pittsburgh, PA

5 - 7 years

Posted 264 days ago

This job is no longer available.

This person is responsible for overseeing assigned actuarial staff and projects; hiring and training actuarial staff; providing technical support for other areas such as Product Management & Development, Underwriting & Rating, and Sales; assisting senior management decision makers by providing specialized reports and analysis of data on both a routine and ad hoc basis; and is accountable for developing employees, preparing rate filings, providing actuarial support for financial forecasts, and monitoring financial results.

Job Duties

  • Supervise entry-level and mid-level actuarial staff.
  • Prepare rate filings for large group, small group, direct pay, or senior products.
  • Work with Underwriting and Rating, Sales and Product Management and Development to develop and implement appropriate rating strategies for group, direct pay or senior lines of business. 
  • Ensure that all strategies are in compliance with rate filings and applicable regulations.
  • Provide advanced support for the claim reserve process.
  • Provide assistance and risk management to the Product Management and Development area for pricing development of new products.  Ensure that all new products are financially viable and stable.
  • Determine underlying factors impacting pure premium trends for various products and regions.  Monitor trends for use in rating.  Identify any shifts in trend and take appropriate pricing actions.

Required Skills

  • 5 or more years of experience in the Actuarial field - healthcare or health insurance
  • 2 or more years of management experience and/or experience leading teams of varying size and complexity
  • In-depth knowledge of one or more of the following: premium rate calculations, required reserves, plandesign, trend analysis, rate table construction, actuarial research, or systems development
  • Group product pricing experience.

Required Qualifications

  • Bachelor’s Degree
  • Attainment of the ASA (Associate) designation in the Society of Actuaries
  • Must be committed to pursuing actuarial exams and obtaining Fellowship in the Society of Actuaries
  • Requires the willingness and ability to report to work on a regular and timely basis and may require irregular work hours, holidays and/or weekends.  Occasional travelrequired.

Preferred Qualifications

  • Bachelor’s degree in Actuarial Science, Mathematics, or Statistics
  • 7 or more years of actuarialexperience
  • Completion of two FSA-level exam components
  • Member of the American Academy of Actuaries


$130K - $150K