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Actuarial Manager

Primary Location: Atlanta, GA
Additional Locations: CA-Concord, CT-Hartford, GA-Atlanta, IL-Chicago, MA-Cambridge, MD-Bethesda, NY-New York, PA-Blue Bell, TX-Austin
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Description:
Manage/coach a group of rating system actuarial support staff in support of department mission to protect Aetna’s financial integrity and deliver innovative rating solutions. Lead interdepartmental teams to shape policy and process. Problem-solve complicated technical issues and develop system documentation and training for commercial actuarial users. Collaborate with business partners to provide sound technical expertise, planning, and risk management advice on benefit decrements, rating tools, and related operations.

Fundamental Components:
As manager on the commercial large group rating systems team, lead technical direct reports and utilize actuarial skills as an individual contributor and project manager to drive new products and functionality within our rating systems.

Leadership:
- Management of Resources- Lead/manage projects established to support goals identified in strategic and operating plans. Influence/motivate resources within and outside of direct control to complete projects.
- Scope of Decision Making Authority- Broad decision making authority typically tied to level of financial impact.
- Staffing/Personnel- Manage and perform all supervisory responsibilities for direct reports, including job coaching, performance management, and compensation determinations. Ensure access to appropriate tools, resources and training. Provide informal coaching for actuarial peers on team.

Technical Proficiency:
- Use of Technology- Develop creative technical solutions to a variety of problems. Stay apprised of technical innovations as potential solutions for actuarial issues and concerns.
- Development & Implementation- Oversee/manage the development and implementation of tools and models.
- Maintenance & Enhancements- Prioritize changes and enhancements to processes, tools and systems. Define staffing support and resource allocation.
- Business Specifications- Signoff on detailed business requirements for systems development.
- Testing- Review testing results for changes to processes, tools and systems.

Communication, Collaboration & Consultation:
- Constituent Focus- Leads interdepartmental teams to shape process and policy.
- Verbal & Written Communication- Address most complex inquiries. Have direct interaction with internal and external constituents. Maintain accurate documentation and manage training and user support for tools and processes.

Product & Business Knowledge:
- Pricing & Benefit Design- Oversee and recommend pricing enhancements for product and/or services. Understand and communicate financial impact on business plan to business unit management.
- Assumptions & Data Sources- Review work developed by staff from a business perspective and be able to defend work to senior management. Integrate understanding of internal and external data sources for quantifying risks.
- Programs, Policies & Processes- Apply knowledge of interdepartmental products, programs, processes and policies to resolve problems and issues.
- Regulatory Issues- Assure compliance with applicable regulations, laws and standards.


Background Experience:
Bachelor's degree with 5+ years related experience. Must be an ASA or FSA and is typically a member of the American Academy of Actuaries (or other accredited actuarial organization) able to sign state rate filings and other required actuarial certifications.
  • Large group pricing experience with knowledge of rating factor development and rating system functionality
  • Experience setting project timelines and driving communication amongst stakeholders through project completion
  • Advanced SQL skills with ability to investigate issues and develop solutions entirely in SQL preferred
  • Proficiency in Microsoft Excel and Access preferred
  • This role is open to someone willing to work in any one of our hub locations or it can be a work-at-home for the right candidate.


Required Skills:
General Business - Communicating for Impact, General Business - Turning Data into Information

Desired Skills:
Leadership - Collaborating for Results, Leadership - Engaging and Developing People

Functional Skills:
Actuarial - Modeling & tool development, Project Management - Cross-functional project management

Technology Experience:
Development Language - SQL

Potential Telework Position:
Yes

Percent of Travel Required:
0 - 10%

EEO Statement:
Aetna is an Equal Opportunity, Affirmative Action Employer

Benefit Eligibility:
Benefit eligibility may vary by position.

Candidate Privacy Information:
Aetna takes our candidate's data privacy seriously. At no time will any Aetna recruiter or employee request any financial or personal information (Social Security Number, Credit card information for direct deposit, etc.) from you via e-mail. Any requests for information will be discussed prior and will be conducted through a secure website provided by the recruiter. Should you be asked for such information, please notify us immediately.

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