Sr. Director, Actuary - Health & Wealth Benefits (TotalSource)
- Alpharetta, GA
- Permanent
- Full-time
- Collaborate effectively with cross-functional teams. Work with the business to align and develop business strategies for best-in-class pricing and offerings.
- Communicate complex ideas simply. Excellent verbal and written skills; able to communicate effectively with leadership at all levels and across a broad set of team members. Drive transparency on priorities and expected return.
- Adapt quickly to changing priorities. Commitment to manage multiple priorities and have ability to re-assess and pivot as needed.
- Take initiative and work independently when needed. Ability to effectively assess the scope of work and level of effort, to develop models, predict outcomes, and assess future risk and vulnerability.
- Results Driven. Proactive and hands-on. Understands statistical packages and has proven ability to deploy models; evaluate and work with large data sets; and provide actionable insights.
- Conduct experience studies and identify actionable insights to modify subscriber behaviors geared toward improving overall results.
- Analyze carrier cost ratios based on overall experience, identifying opportunities for improvement among new business and existing client base.
- Gather and develop benchmarks for purposes of assessing our performance and the potential for improvement.
- Prepare and present actuarial reports to senior leadership, explaining findings and recommendations in a clear and understandable manner.
- Offer insights to partners to continuously improve processes through data and innovation.
- Build strong internal and external partnerships.
- Partner with the Data & Analytics organization, Data Product teams, and business stakeholders to create roadmaps and execute project plans in fast-paced, agile development environment.
- Create use-case specific data tables by joining and critical elements across multiple data domains.
- Assess and determine key data elements needed for evaluation, ensuring it is well-structured, adheres to data quality rules, and traceable from consumption layer back to raw layer.
- Drive strategic use of data to support business efficiencies and competitive decision-making.
- Mentor junior team members working within matrix pod to support Advanced Analytics initiatives.
- Stay current with industry trends, actuarial methodologies, and best practices through ongoing professional development and education.
- Ongoing awareness of industry regulations and work to ensure compliance in all actuarial aspects of our products and services. Ensure compliance with SOX, HIPAA, and other regulations.
- Can be fully remote anywhere in the US, if the identified candidate is not near an ADP office. Otherwise, we support a hybrid flexible work arrangement; 3 days in the office and 2 days at home.
- Associate of the Society of Actuaries.
- Bachelor’s degree in actuarial science, Mathematics, Statistics, or a related field.
- 12+ years' experience as an actuary or equivalent relevant role, with a strong background in health insurance.
- Knowledge of various aspects of healthcare actuarial practice, including pricing, reserving, and forecasting.
- Experience with cloud database technologies (e.g., AWS) and developing solutions on cloud computing services and infrastructure in the data and analytics space.
- Proficiency in statistical modeling tools and programming languages; SQL, Python, MATLAB, R, or similar.
- Exceptional analytical and problem-solving skills.
- Excellent written, verbal communication, presentation, and interpersonal skills with both technical and non-technical audiences.
- Ability to effectively communicate optimal design of the data for modeling.
- Possess a high degree of initiative, motivation, and professionalism.
- MBA is a plus.
- Experience working in PEO, Risk analytics, or analytical consulting.
- Understanding of both fully insured and self-insured Health & Benefits programs with underwriting and claims projection experience.
- Proven ability to derive new insights by merging and transforming internal and external data sets in business contexts.
- Demonstrated ability to effectively lead and participate on a variety of large projects, including complex analytical initiatives across departments.
- Experience with Jira and Confluence preferred.
- Knowledge with dashboarding tools (e.g., Dash, Shiny, Tableau, PowerBI).
- Comfortable using APIs to perform advanced data transformations.
- Be yourself in a culture that values equity, inclusion, and belonging and creates a safe space for diverse perspectives and insights.
- Belong by joining one of nine Business Resource Groups where you can connect globally with networks and allies who share common interests and experiences.
- Grow your career in an agile, fast-paced environment with plenty of opportunities to progress.
- Continuously learn. Ongoing training, development, and mentorship opportunities for even the most insatiable learner.
- Be your healthiest. Best-in-class benefits start on Day 1 because healthy associates are happy ones.
- Balance work and life. Resources and flexibility to integrate your work and your life more easily.
- Focus on your mental health and well-being. We're here to provide exceptional service to our clients, and none of that happens without each of us taking care of ourselves and being there for one another.
- Join a company committed to giving back and generating a lasting, positive impact upon the communities in which we work and live.
- Get paid to pay it forward. Company-paid time off for volunteering for causes you care about.