Job Summary:

The Managing Actuary provides leadership and direction to ensure team goals and strategies are successfully achieved.

Essential Functions:
- Lead a small team of actuaries ensuring compliance with applicable Actuarial Standards of Practice and supporting their training and personal development.
- Responsible for pricing, forecasting, reserving or other actuarial processes including development of key assumptions, as well as evaluation of financial experience and trend drivers
- Develop and communicate actionable and strategic recommendations to leadership in support of company goals
- Manage the development and maintenance of actuarial models to support key business goals and initiatives, such as actual to expected experience reporting, actuarial reserves and accruals, bid pricing/rate filings, forecasting, and contracting models
- Own the actuarial processes being managed (i.e., rate/bid filings, pricing, forecasting, reserving) within the company and with external vendors for assigned lines of business




- Specific function may require performing baseline analysis on expectations of rate changes for future years and work with federal and state agencies to support rate filings and other relevant activities
- Specific function may require overseeing development and review of Incurred But Not Reported (IBNR) reserve estimates for all CareSource lines of business on a monthly basis
- Perform any other job related instructions as requested

Education and Experience:
- Bachelors degree in actuarial science, mathematics, economics or a related field or equivalent years of relevant work experience is required
- Prior experience with value-based care, alternative payment models, and/or other risk-bearing arrangements preferred
- Two to three (2 to 3) years or more of management experience is preferred
- Two to three (2 to 3) years or more of actuarial experience is preferred
- Robust database (SQL, SAS or Access) experience is preferred
- Managed care or healt

📌 Managing Actuary (India)
🏢 CareSource
📍 India