Managing Actuary; Medicaid Rate Advocacy

Job Summary

The Managing Actuary provides leadership and direction to ensure team goals and strategies are successfully achieved.

• Responsible for pricing, forecasting, reserving or other actuarial processes including development of key assumptions, and evaluation of financial experience and trend drivers.
• Develop and communicate actionable and strategic recommendations to leadership in support of company goals.
• Manage the development and maintenance of actuarial models to support key business goals and initiatives, such as actual to expected experience reporting, actuarial reserves and accruals, bid pricing/rate filings, forecasting, and contracting models.
• Own the actuarial processes being managed (rate/bid filings, pricing, forecasting, reserving) within the company and with external vendors for assigned lines of business.
• Perform baseline analysis on expectations of rate changes for future years and work with federal and state agencies to support rate filings and other relevant activities.
• Oversee development and review of Incurred But Not Reported (IBNR) reserve estimates for all Care Source lines of business on a monthly basis.
• Perform any other job‑related instructions as requested.

• Bachelor’s degree in actuarial science, mathematics, economics or related field, or equivalent years of relevant work experience.
• Medicaid Rate Advocacy experience is highly preferred.
• Two to three (2–4) years or more of management experience is preferred.
• Two to three (2–4) years or more of actuarial experience is preferred.
• Strong database (SQL, SAS or Access) experience is preferred.
• Managed care or healthcare experience is preferred.

• 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 develop, prioritize and accomplish goals.
• Ability to interact with all levels of management as well as external stakeholders.
• Excellent problem‐solving skills with attention to detail.
• Excellent auditing and peer‐reviewing skills.
• Ability to work independently and within a team.
• Ability to effectively analyze data, develop/maintain appropriate models, and draw and report findings tailored for respective audiences.
• Demonstrate sound business judgment when drawing conclusions and making recommendations.
• Communicate status and results of processes, projects, goals and tasks with leaders as needed or requested.
• Expert proficiency level with Microsoft Excel; advanced proficiency with Microsoft Suite (Word, PowerPoint).
• Knowledge of SQL, SAS, R, Python or other data‐manipulation software.

• Associate of the Society of Actuaries (ASA) is required.
• Fellow of the Society of Actuaries (FSA) is preferred.

General office environment; may be required to sit or stand for extended periods of time. May be required to travel less than 10% of the time.

Salary: $94,100.00 - $. In addition to base compensation, you may qualify for a bonus tied to company and individual performance.

Care Source is an Equal Opportunity Employer.