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AVP, Senior Actuary Manager - Supplemental Health Pricing

Job in Minneapolis, Hennepin County, Minnesota, 55400, USA
Listing for: Voya Financial
Part Time position
Listed on 2025-12-20
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Financial Manager
Salary/Wage Range or Industry Benchmark: 186270 - 232840 USD Yearly USD 186270.00 232840.00 YEAR
Job Description & How to Apply Below

AVP, Senior Actuary Manager - Supplemental Health Pricing

Apply for this role at Voya Financial.

Profile Summary

This role is a key participant on the Market Leadership Team for Voya’s Supplemental Health product, supporting the development and execution of the Supplemental Health strategy. Primary pricing leadership responsibilities include leading the pricing team to deliver portfolio management, benefit analysis, manual updates, execution tracking, experience analysis, renewal strategy, financial forecasting, pricing for new product initiatives, reinsurance management, and other duties.

Profile

Description
  • Pricing and Product Design – Project revenue, claims, expenses, reserves, and commissions. Set assumptions/parameters, quantify risk, and analyze under various scenarios.
  • Financial Planning Support – Project financials, including claims, reserves, expenses, and earnings. Perform actuarial analysis to explain variances and evaluate plan performance.
  • Reserve Liability Valuation/Loss Reserving – Support valuation team in assessing impacts of market pricing and underwriting decisions on reserves.
  • Risk Analysis/Management – Review product design, assumptions, pricing models, financial results, and key risks for new and existing products. Perform internal risk reporting and assist in developing risk appetite recommendations.
  • Data and Analytics – Partner with Data & Analytics to define and maintain analytic data and model requirements to support analysis of emerging trends across the value stream.
  • Collaborate with management information, underwriting, product development, product management, financial reporting, compliance, expense management, marketing support, and compensation.
  • Direct projects when assigned.
Knowledge & Experience
  • Significant experience in the Supplemental Health market with a solid understanding of insurance products.
  • Bachelor’s degree in Mathematics, Actuarial Science, Finance, or related discipline.
  • 10+ years of financial, insurance industry, or actuarial experience.
  • Associate or Fellow of the Society of Actuaries.
  • Highly analytical, detail‑oriented, with strong problem‑solving skills.
  • 3+ years of managerial experience leading a team of skilled actuarial professionals.
  • Ability to balance “big picture” strategy with detailed execution.
  • Strong communication and presentation skills, including to executive audiences.
  • Ability to plan and coordinate large‑scale initiatives and manage competing priorities.
  • Proven ability to lead, drive change, overcome obstacles, and deliver results.
Compensation Pay Disclosure

Voya is committed to pay that’s fair and equitable, which means comparable pay for comparable roles and responsibilities. The annual base salary range for this position is $186,270 - $232,840 USD. In addition to base salary, Voya offers incentive opportunities (annual cash incentives, sales incentives, and/or long‑term incentives) based on the role to reward the achievement of annual performance objectives.

Benefits
  • Health, dental, vision and life insurance plans
  • 401(k) Savings plan – with generous company matching contributions (up to 6%)
  • Voya Retirement Plan – employer paid cash balance retirement plan (4%)
  • Tuition reimbursement up to $5,250/year
  • Paid time off – including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day.
  • Paid volunteer time — 40 hours per calendar year
Critical Skills
  • Customer Focused:
    Passionate drive to delight our customers and offer unique solutions that deliver on their expectations.
  • Critical Thinking:
    Thoughtful process of analyzing data and problem solving data to reach a well‑reasoned solution.
  • Team Mentality:
    Partnering effectively to drive our culture and execute on our common goals.
  • Business Acumen:
    Appreciation and understanding of the financial services industry in order to make sound business decisions.
  • Learning Agility:
    Openness to new ways of thinking and acquiring new skills to retain a competitive advantage.
Equal Employment Opportunity

Voya Financial is an equal‑opportunity employer. Voya Financial provides equal opportunity to qualified individuals regardless of race, color, sex, national origin, citizenship status, religion, age, disability, veteran status, creed, marital status, sexual orientation, gender identity, genetic information, or any other status protected by state or local law.

Reasonable Accommodations

Voya is committed to the inclusion of all qualified individuals. As part of this commitment, Voya will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please reference resources for applicants with disabilities.

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Position Requirements
10+ Years work experience
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