Actuarial Services SupervisorWestern Health AdvantageLocation: Sacramento, CA (Hybrid)
Salary Range: $120,000 - $126,000 Annually
Actuarial Services SupervisorDepartment: Finance
Position SummaryWestern Health Advantage (WHA) is seeking an experienced Actuarial Services Supervisor to play a critical leadership role within our Finance team. This position serves as a key partner to the Chief Actuary, supporting actuarial operations, financial reporting, reinsurance administration, compliance reporting, rate analysis, revenue forecasting, and strategic business initiatives. The role combines technical actuarial expertise with people leadership and cross-functional collaboration to help drive organizational performance and financial sustainability.
The ideal candidate is a strong analytical leader who enjoys transforming complex financial and actuarial data into meaningful business insights while mentoring staff and supporting enterprise-wide decision-making.
What You'll Do- Serve as a trusted partner to the Chief Actuary in executing departmental strategies, annual business plans, budgets, and key initiatives.
- Support the Chief Actuary in premium rate development, revenue forecasting, variance analysis, and financial performance monitoring.
- Assist in aligning departmental goals, priorities, and performance metrics with organizational objectives.
- Collaborate with executive leadership and cross-functional teams on strategic projects and business initiatives.
- Analyze factors impacting revenue, profitability, claims costs, and overall financial performance.
- Develop forecasts, projections, and scenario analysis to support business planning and decision-making.
- Prepare and deliver actuarial and financial reporting to management and executive leadership.
- Perform client-specific reporting and analyses, including utilization, premium, experience, pharmacy, and eligibility reporting.
- Partner with the Chief Actuary to lead the administration and audit of WHA's reinsurance program, including monitoring, filings, reporting, and renewals.
- Assist in monthly actuarial and financial reporting, including IBNR, rebate accruals, inventory tracking, and reinsurance accruals.
- Support annual audits and serve as a primary resource for external auditors.
- Assist with Medical Loss Ratio (MLR) reporting, regulatory compliance submissions, and other required filings.
- Supervise, coach, and develop actuarial staff while fostering a culture of accountability, collaboration, and continuous improvement.
What We're Looking ForRequired Qualifications- Bachelor's degree in Actuarial Science, Mathematics, Finance, or a related field.
- Minimum of five (5) years of progressively responsible experience in Actuarial Services, Finance, or Underwriting, including leadership or lead-level responsibilities.
- Progress toward or attainment of actuarial credentials through the Society of Actuaries (SOA).
- Strong analytical, quantitative, modeling, and financial analysis skills.
- Ability to interpret complex data and effectively communicate findings to technical and non-technical audiences.
- Advanced Microsoft Excel skills, including formulas, reporting, and data analysis.
- Excellent written and verbal communication skills.
Preferred Qualifications- Experience within the healthcare industry, particularly in an HMO environment.
- Knowledge of healthcare financial reporting, actuarial forecasting, reinsurance, and regulatory compliance requirements.
- Experience supporting executive leadership and participating in strategic planning initiatives.
