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Actuarial Manager, Medicare Advantage

Full-time

Selby Jennings

One of the largest non-profit health insurers in the country is seeking a senior actuary to lead pricing, forecasting, and bid development efforts across Medicare Advantage (MA) and Part D products .

This remote position will oversee the annual Medicare bid process, support strategic pricing initiatives, and lead a small actuarial team responsible for delivering insights that drive financial performance and growth.

Key Responsibilities:

Medicare Bid Development & Pricing

  • Lead end-to-end Medicare Advantage and Part D bid development activities, including pricing strategy, assumption setting, and CMS submissions.
  • Oversee pricing analyses related to product design, trend, risk adjustment, administrative expenses, and profitability.
  • Evaluate the financial impact of benefit and product changes and provide recommendations to leadership.
  • Ensure bid submissions are competitive, financially sound, and aligned with organizational objectives.

Forecasting & Financial Analysis

  • Lead Medicare forecasting processes and financial performance monitoring.
  • Analyze key drivers, risks, and opportunities impacting Medicare product performance.
  • Oversee experience studies and variance analyses to support strategic planning and decision-making.
  • Present actuarial findings and recommendations to senior leadership and cross-functional stakeholders.

Leadership & Team Development

  • Manage and mentor a small team of actuarial professionals.
  • Provide coaching, guidance, and professional development opportunities for team members.
  • Prioritize workload, allocate resources, and ensure timely completion of key deliverables.
  • Foster a collaborative and high-performing team environment.

Strategic Partnership & Process Improvement

  • Partner with executive leadership, finance, product, and operations teams to support growth and profitability objectives.
  • Monitor CMS guidance, regulatory updates, and market trends to assess impacts on pricing and forecasting.
  • Drive actuarial process improvements, governance initiatives, and modeling enhancements.
  • Identify opportunities for greater efficiency, automation, and operational excellence across actuarial functions.

Qualifications:

  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, Finance, or a related field.
  • ASA designation required (FSA preferred)
  • 7+ years of health actuarial experience.
  • Prior Medicare Advantage bid development experience required.
  • 1+ year of actuarial management or people leadership experience required.
  • Strong expertise in Medicare Advantage pricing, forecasting, and financial analytics.
  • Proven ability to lead projects and influence stakeholders across multiple business functions.
  • Excellent communication and presentation skills.

Vacancy posted 2 days ago
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