Director, Actuary - Large Case Pricing

Salary depends on experience
Posted on 06/24/18
Portland, ME
Salary depends on experience
Posted on 06/24/18

General Summary:

This position focuses on strategic direction of large caseunderwriting and pricing and seeks to achieve a solid framework upon which to make acquisition and renewal decisions. The individual will partner closely withunderwriting andfinance resources to prioritize initiatives and manage results. Strong communication andpartnership with multiple partnersrequired.

Principal Duties and Responsibilities

  • Oversight of reserve, expense, and profit assumptions of experience rating formulas
  • Partner directly with large case underwriting management and underwriters to provide case level and strategic support
  • Analyze emerging experience, monitor marketplace trends, and identify issues
  • Develop analysis framework and recommend enhancements
  • Recommend updated pricing, valuation or reserving assumptions to management
  • Lead development of tools to support pricing, valuation, underwriting and business analysis and participate in implementation efforts
  • Prepare financialreports and projections; perform analysis of financial data
  • Participate actively on cross-functional/operational task forces (e.g. underwriting, compliance, customer care)
  • Mentor, manage and train an actuarialsupport staff

Job Specifications

  • Bachelors degreerequired
  • Fellowship in the Society of Actuaries
  • At least four years of relevant experience and/or a high level of technical expertise
  • Strong problem solving ability and project management skills
  • Hands-on experience with current technology
  • Solid people management
  • Strong verbal and written communication skills
  • Demonstrates strong leadership abilities


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