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Director, Actuarial

Job in Norfolk, Virginia, 23500, USA
Listing for: Sentara Healthcare Inc
Full Time position
Listed on 2026-06-18
Job specializations:
  • Finance & Banking
    CFO, Risk Manager/Analyst, Financial Manager, Financial Consultant
Salary/Wage Range or Industry Benchmark: 120000 - 150000 USD Yearly USD 120000.00 150000.00 YEAR
Job Description & How to Apply Below

The Director, Actuarial – Government Programs will lead actuarial pricing, financial performance insights, and strategic analytics across SHP’s Medicare and Medicaid lines of business. This role is critical to ensuring market-competitive, compliant, and financially sustainable products while translating actuarial insights into actionable business decisions.

This leader will operate in a highly matrixed environment, partnering closely with Finance, Product, Network, Risk Adjustment, and Clinical teams to drive enterprise value and support SHP’s growth strategy.

Core Responsibilities
1. Government Programs Pricing & Financial Management
  • Lead end-to-end pricing for Medicare Advantage, Medicaid, and related government programs
  • Develop and maintain actuarial assumptions, methodologies, and pricing models
  • Ensure rate adequacy, competitiveness, and alignment with enterprise financial targets
  • Oversee bid development, rate filings, and regulatory submissions
2. Forecasting & Performance Insights
  • Translate pricing assumptions into forward-looking financial projections and scenarios
  • Monitor emerging experience vs. pricing assumptions and identify key drivers of variance
  • Provide actionable insights to improve margin, membership growth, and cost management
3. Regulatory & Compliance Leadership
  • Ensure compliance with CMS, state Medicaid agencies, and insurance department requirements
  • Support actuarial certifications, rate filings, and audit readiness
  • Interface with regulators and external actuarial partners as needed
4. Strategic Partnership & Cross-Functional Leadership
  • Partner with Product, Network/Provider Contracting, and Clinical teams on:
    • Benefit design and product strategy
    • Value-based care and provider reimbursement models
    • Cost of care and utilization management strategies
  • Align actuarial assumptions with operational and market realities across the enterprise
5. Team Leadership & Talent Development
  • Lead and develop a high-performing team of actuaries and analysts
  • Establish clear priorities, governance, and quality standards for actuarial work products
  • Foster a culture of innovation, continuous improvement, and accountability
6. Enterprise Contribution & Thought Leadership
  • Contribute to enterprise planning, budgeting, and long-term strategy
  • Present insights and recommendations to senior leadership in a clear, actionable manner
  • Identify opportunities for automation, analytics advancement, and process optimization
Qualifications
  • Bachelor's Degree Required.
  • 5 years Management experience.
  • 7 years Actuarial experience.
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