VP & Chief Actuary
Qualifications
· Bachelor’s degree in Mathematics, Actuarial Science and/or Risk Management
· Fellow of the Society of Actuaries (FSA), Member of the American Academy of Actuaries (MAAA)
· Eligibility to serve as Appointed Actuary under applicable state requirements
· 15+ years of progressively responsible Actuarial experience
· 10+ years management and leadership experience within Actuarial functions, including leading multi-disciplinary teams
· Strong health insurance background; knowledge of health care delivery systems a plus
· Working knowledge of health insurance regulatory requirements, the Affordable Care Act, and accounting principles are a plus
· Excellent verbal and written communication skills with strong executive presence and credibility with executive leadership and the Board
· Demonstrated mastery across commercial and Medicare Advantage pricing, filings and revenue mechanics
· Proven experience leading claim reserving and deep familiarity with NAIC and state DOI expectations
· Advanced proficiency in actuarial modeling and analytics with experience in pharmacy economics including Part D, commercial PBM arrangements, and specialty trend dynamics
· Strategic thinking with the ability to translate complex actuarial insights into actionable executive decisions
· Talent engagement, development and succession planning for large teams with a small population of full remote resources
· A highly ethical and trustworthy leader. A leadership style based on relationship and team building, trust, influence, credibility and service, together with a willingness to mentor, develop and educate
· Cross functional influence with internal partners in Finance, Underwriting, Sales, Clinical, Provider Contracting, Operations, IT and Legal
Independence has implemented a “Hybrid” model which provides our associates with the ability work in the office 3 days a week (Tuesday, Wednesday & Thursday) and remotely 2 days a week (Monday & Friday). This role is designated as a role that fits into the “Hybrid” model. While associates may work remotely, the work must be performed in the Tri-State Area of Delaware, New Jersey or Pennsylvania.
IBX is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to their age, race, color, religion, sex, national origin, sexual orientation, protected veteran status, or disability.
Must have an Android or iOS device which is compatible with the free Microsoft Authenticator app.
Inclusion and Belonging
At IBX, everyone can feel valued, supported, and comfortable to be themselves, and all associates have a fair opportunity to achieve their full potential. We put these principles into action every day by acting with integrity and respect. Celebrating and embracing diverse thoughts and perspectives that make up our workforce means our company is more vibrant, innovative, and better able to support the people and communities we serve.
About Our Company
Serving more than 8 million people nationwide, including 2.5 million in southeastern Pennsylvania, Independence Health Group — together with its subsidiaries — is the leading health insurance organization in the Philadelphia region. Our mission to build healthier lives for you, your family, and your employees shapes our actions and decisions every day.
At Independence, we see each of our members as an individual, with unique needs and concerns. We’re dedicated to harnessing the very latest ideas and technologies to deliver access to care that meets those needs and surpasses your expectations. For more information about Independence access our website at www.ibx.com. We’re revolutionizing health care, and our focus is on you!
Equal Employment Opportunity
IBX is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to their age, race, color, religion, sex, national origin, sexual orientation, protected veteran status, or disability.
Agency Disclaimer
All resumes submitted directly to an Independence Blue Cross employee from a vendor via email, the Internet or in any other form without a valid written search agreement in place for this position from the Independence Blue Cross Family of Companies Human Resources Department will be deemed the sole property of Independence Blue Cross and the Independence Blue Cross Family of Companies. Please note that no fee will be paid in the event the candidate is hired by Independence Blue Cross or the Independence Blue Cross Family of Companies as a result of the referral or through means other than our established process.