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)
PURPOSE:
Responsible for the direction and management of the regional RISE Residential/Hourly/Family Service programs. The Regional Director provides guidance and coaching to state regional management team to assist them in achieving competency in the performance of their job requirements in a manner consistent with the RISE Mission, Vision, and Values. Responsible for the fiscal management and goals of the regional state program. Ensures compliance with all RISE corporate and state policies and procedures and other legal and regulatory requirements.
MINIMUM QUALIFICATIONS:
ESSENTIAL JOB FUNCTIONS:
STAFF/PROGRAM
LICENSING REQUIREMENTS
MANAGEMENT SKILLS
COMMUNICATION
PHYSICAL AND MENTAL REQUIREMENTS:
NOTE: This job description in no way states or implies that these are the only duties to be performed by the employee occupying this position. Employees will be required to follow any other job-related instructions and to perform other job-related duties as requested by their supervisor.
EQUIPMENT NORMALLY USED:
Job Type: Full-time
Pay: $65,000.00 per year
Benefits:
Schedule:
Ability to Relocate:
Work Location: In person
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