Top Actuarial Executive jobs in Baltimore, MD

Top Actuarial Executive provides leadership, innovation, and oversight to an organization's actuarial function. Develops policies, procedures, and formulas to guide statistical analysis and actuarial research and accurately evaluate the likelihood and financial impact of various risks. Being a Top Actuarial Executive ensures policies and procedures are implemented effectively to ensure regulatory compliance of all financial operations and products. Responsible for the strategic planning and oversight of product development. Additionally, Top Actuarial Executive establishes profitability targets and regularly reviews product rates, premium levels, and rating systems to evaluate effectiveness and measure performance against targets. Reviews and validates financial statements, regulatory filings, and other financial projections before publishing or submitting. Communicates with marketing and other key stakeholders to present rating structures and systems and ensure adequate understanding of products. 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 top management. The Top Actuarial Executive manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. To be a Top Actuarial Executive typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. (Copyright 2024 Salary.com)

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Actuarial associate
  • CareFirst BlueCross BlueShield
  • Owings Mills, MD FULL_TIME
  • Resp & Qualifications

    Purpose :

    This position oversees and directs the work of analysts in a supervisory capacity. This position is responsible for implementing departmental strategy and policies in order to meet team goals, as well as making recommendations to Actuarial management where appropriate.

    Essential Functions :

    Responsible for coordinating the activities analysts ensuring accurate and timely release of requested analyses and reports.

    Responsible for providing training, development, documenting performance issues, if needed, and monitoring and enforcing adherence to Company policies.

    The Supervisor sets objectives, writes and deliveries performance feedback and appraisals, promotions, salary increases, hiring and disciplinary communications.

    Responsible for coordinating the development and extensive analytical review of various actuarial analyses such as IBNR, trend, rating actions, and valuation work in support of departmental objectives.

    This includes supporting the junior team members, working with other areas within the Company, producing presentations for senior management and communicating status of deliverables to the department management.

    • Oversee calculations, serve as Subject Matter Expert (SME), direct the workflow and ensure that sound actuarial and financial methods are used by Analysts.
    • Annual Medicare Bidding Actuarial Support
    • Monthly financial analysis, Part D & risk score accrual and Data Reconciliation
    • Experience study
    • Medicare group pricing
    • Financial Forecasting

    Supervisory Responsibility :

    This position manages people - 1-5

    Qualifications

    Education Level : Bachelor's Degree in Actuarial Science, Finance, Mathematics or related field. In lieu of a Bachelor's degree, an additional 4 years of relevant work experience is required in addition to the required work experience.

    Experience : 3 years health actuarial experience with demonstrated leadership.

    Licenses / Certifications : Associate of the Society of Actuaries (ASA)

    Salary Range : $92,520 - $190,823

    Salary Range Disclaimer

    The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the work is being performed.

    This compensation range is specific and considers factors such as (but not limited to) the scope and responsibilites of the position, the candidate's work experience, education / training, internal peer equity, and market and business consideration.

    It is not typical for an individual to be hired at the top of the range, as compensation decisions depend on each case's facts and circumstances, including but not limited to experience, internal equity, and location.

    In addition to your compensation, CareFirst offers a comprehensive benefits package, various incentive programs / plans, and 401k contribution programs / plans (all benefits / incentives are subject to eligibility requirements).

    Department

    Actuarial Member Analytics)

    Equal Employment Opportunity

    CareFirst BlueCross BlueShield is an Equal Opportunity (EEO) employer. It is the policy of the Company to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.

    Where To Apply

    Please visit our website to apply : www.carefirst.com / careers

    Federal Disc / Physical Demand

    Note : The incumbent is required to immediately disclose any debarment, exclusion, or other event that makes him / her ineligible to perform work directly or indirectly on Federal health care programs.

    PHYSICAL DEMANDS :

    The associate is primarily seated while performing the duties of the position. Occasional walking or standing is required.

    The hands are regularly used to write, type, key and handle or feel small controls and objects. The associate must frequently talk and hear.

    Weights up to 25 pounds are occasionally lifted.

    Sponsorship in US

    Must be eligible to work in the U.S. without Sponsorship

    LI-CB1

    PDN-9b387743-dfdd-4388-b73a-af1bb487fd69

    Last updated : 2024-04-23

  • Just Posted

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Don’t miss the final TECHEXPO Top Secret Hiring Events & Networking Receptions of 2022!
  • TECHEXPO Top Secret
  • Linthicum Heights, MD FULL_TIME
  • Company DescriptionDon’t miss the final TECHEXPO Top Secret Hiring Events & Networking Receptions of 2022!This is your opportunity to interview face-to-face with leading Defense Employers. Thursday, N...
  • 1 Month Ago

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Actuarial Associate - ASA (Remote)
  • CareFirst
  • Owings Mills, MD FULL_TIME
  • Resp & Qualifications PURPOSE:This position oversees and directs the work of analysts in a supervisory capacity. This position is responsible for implementing departmental strategy and policies in ord...
  • 21 Days Ago

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Actuarial Associate (Remote)
  • CareFirst BlueCross BlueShield
  • Owings Mills, MD FULL_TIME
  • This job offer is not available in your country. Resp & Qualifications Purpose : This position oversees and directs the work of analysts in a supervisory capacity. This position is responsible for imp...
  • 1 Day Ago

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Actuarial Intern (Part-time)
  • MARYLAND AUTOMOBILE INSURANCE FUND
  • Baltimore, MD PART_TIME|INTERN
  • Job Details Level: Entry Job Location: Headquarters - Baltimore, MD Position Type: Internship Education Level: High School Salary Range: $15.00 Hourly Travel Percentage: None Job Shift: Day Job Catego...
  • 1 Month Ago

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Accounts Payable Manager
  • Top Stack
  • Baltimore, MD FULL_TIME
  • We are seeking an Accounts Payable Manager! You will be responsible for the effective management and profitable operation of your assigned branch office. Responsibilities:Coordinate the approval proce...
  • 15 Days Ago

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0 Top Actuarial Executive jobs found in Baltimore, MD area

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Chief Executive Officer
  • People Encouraging People
  • Baltimore, MD
  • The ideal candidate will manage the overall operations of the company as well as develop and implement strategies that m...
  • 4/25/2024 12:00:00 AM

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Executive Office Assistant
  • American Federation of State, County and Municipal Employees (AFSCME)
  • Washington, DC
  • Job Description Job Description This position provides administrative support and related work as required by the Chief ...
  • 4/24/2024 12:00:00 AM

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Chief Executive Officer
  • PE GI Solutions
  • Silver Spring, MD
  • At PE GI Solutions, we foster an environment of contribution, creativity and risk-taking. We strive to unleash the poten...
  • 4/22/2024 12:00:00 AM

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Chief Executive Officer
  • HealthWell Foundation
  • Germantown, MD
  • About HealthWell Foundation The HealthWell Foundation is a leading independent non-profit dedicated to improving access ...
  • 4/22/2024 12:00:00 AM

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Chief Executive Officer
  • ActionCOACH Mid-Atlantic
  • McLean, VA
  • Build and Lead our newest Business Coaching Firm in the Northern Virginia and DC area. You will grow businesses, build a...
  • 4/21/2024 12:00:00 AM

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Chief Executive Officer
  • People Encouraging People
  • Baltimore, MD
  • The ideal candidate will manage the overall operations of the company as well as develop and implement strategies that m...
  • 4/21/2024 12:00:00 AM

P
Chief Executive Officer
  • Pe Gi Solutions
  • Silver Spring, MD
  • At PE GI Solutions, we foster an environment of contribution, creativity and risk-taking. We strive to unleash the poten...
  • 4/21/2024 12:00:00 AM

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Chief Executive Officer
  • Healthwell Foundation
  • Germantown, MD
  • About HealthWell Foundation The HealthWell Foundation is a leading independent non-profit dedicated to improving access ...
  • 4/21/2024 12:00:00 AM

Baltimore (/ˈbɔːltɪmɔːr/) is the largest city in the state of Maryland within the United States. Baltimore was established by the Constitution of Maryland as an independent city in 1729. With a population of 611,648 in 2017, Baltimore is the largest such independent city in the United States. As of 2017[update], the population of the Baltimore metropolitan area was estimated to be just under 2.808 million, making it the 20th largest metropolitan area in the country. Baltimore is located about 40 miles (60 km) northeast of Washington, D.C., making it a principal city in the Washington-Baltimo...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Top Actuarial Executive jobs
$384,004 to $626,403
Baltimore, Maryland area prices
were up 1.5% from a year ago