World Insurance Associates is hiring a
Director of Analytics and Actuarial Services

Summary

The job is for a Director of Analytics and Underwriting at World Insurance Associates, responsible for creating best-in-class financial deliverables for large clients with complex, primarily self-funded benefit programs. The role requires 7+ years of industry experience, a Bachelor's degree, and FSA/ASA certification is preferred.

Requirements

• Health and welfare consulting experience: 7+ years of industry experience (carrier or brokerage consulting)
• Project/client/financial management experience
• Business development experience, including competitor and market knowledge a plus
• Additional formal or informal responsibilities may include People management or mentoring
• Bachelor’s degree
• FSA/ASA (Fellow of the Society of Actuaries or Associate of the Society of Actuaries) preferred

Responsibilities

• Create best-in-class client deliverables for fully insured underwriting, market review analysis, renewal rate and funding projections and modeling, claims utilization analysis, rate and contribution analysis, benchmarking, financial funding analysis, IBNR and lag analyses, Multi-year technical claims review with utilization metrics, gap in care, cost modeling and benchmarking, Minimum Value Calculator (Health Care Reform), analytical tools and templates to develop alternative strategies, plan modeling and cost reduction opportunities
• Lead office adoption of Dashboards, enhance the Dashboard, conduct Dashboard Training for new team members, review user interface of Contribution model, conduct training, Drive PowerBI dashboard V2.0 build out, review existing tools/templates & ID opportunity for enhancement with client understanding/presentation at core
• Develop and facilitate trainings and provide ongoing support around tools and templates, recognize the need for and guides development of new analytical tools or innovative solutions as the marketplace changes
• Lead highly complex client projects involving the design, funding, pricing, implementation, and management of a full array of health and group benefit programs, connects client’s business metrics to benefit program performance, communicates results, identified key issues, assess implication, develops recommendation, and leads the client through the process of determining practical action steps
• Identifies best practices and creates intellectual capital that is leveraged across the organization, leverages knowledge to promote World and to grow market presence through public speaking, media quotes, published articles and membership, Leadership role in business organization
• Finalizes client letters, reports and presentations; capable of signing all actuarial correspondence/attestations in accordance with professional standard, Partner with Senior Account Executives and Health Population Management Director to formulate World Insurance strategy and deliverables around data and analytics, including data aggregation vendor
• Support Public Sector clients with self-funded accounts, Using a Monte Carlo simulation, to assess an Employer's risk at various Stop-Loss levels. Adding Employer specific data and demographics, compare expected catastrophic claims to current experience, Develop reserves for active health care liabilities