Actuarial Services Director directs the activities of an organization's actuarial function. Oversees the analysis and evaluation of potential risks to determine the financial impacts of new or existing insurance plans. Being an Actuarial Services Director develops policies, procedures, and formulas to guide statistical analysis and actuarial research and evaluate the likelihood and financial impact of various risks. Designs processes and guidelines to ensure regulatory compliance of products and financial operations. Additionally, Actuarial Services Director leads the design and development of insurance products by evaluating and approving insurance rates, premium levels, and rating systems and structures. Oversees the preparation of actuarial reports, financial statements, and regulatory filings and develops financial budgets, forecasts, and other financial projections. Researches and selects major rating assumptions to support accurate statistical analysis and evaluates the effectiveness of existing formulas. Evaluates product performance against established profitability targets and recommends modifications. Applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in life, health, social, and casualty insurance, annuities, and pensions. Requires a bachelor's degree. May require Associate of Society of Actuaries (ASA). May require Fellow of Society of Actuaries (FSA). Typically reports to senior management. The Actuarial Services Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be an Actuarial Services Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)
```Duties:```
- Oversee the daily operations of the facility, ensuring the highest level of care and service for residents
- Develop and implement policies and procedures to maintain compliance with regulatory standards
- Manage and supervise staff, providing guidance, training, and support as needed
- Coordinate resident care plans and ensure appropriate services are provided
- Monitor and evaluate the quality of care and services provided to residents
- Collaborate with healthcare professionals to ensure comprehensive care for residents
- Maintain accurate records and documentation related to resident care and facility operations
- Manage budgets and financial resources effectively
```Qualifications:```
- Four (4) year degree in Business Administration and/or Human Services with at least one (1) year of experience in Human Services.
A demonstrated commitment to services for people with disabilities and special needs.
Managerial experience.
Must pass criminial background check
Must have a vaild SC Driver's License with good driving record and must be bondable .
- Strong knowledge of dementia care, medication administration, and working with people with developmental disabilities
- Familiarity with resident rights and regulatory requirements for assisted living facilities
- Excellent leadership and supervisory skills, with the ability to motivate and inspire a team
- Strong organizational skills, with the ability to prioritize tasks and manage multiple responsibilities
- Financial acumen to effectively manage budgets and resources
- Excellent communication skills, both verbal and written
Please note that this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
Job Type: Full-time
Pay: $36,301.73 - $43,718.21 per year
Benefits:
Schedule:
Ability to Relocate:
Work Location: In person
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