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Independence Blue Cross · 4 months ago

Director & Actuary

Philadelphia, Pennsylvania

Full-time

Hybrid

Director/Executive

8+ years exp

Independence Blue Cross is committed to enhancing the health and well-being of the people and communities they serve. The Director & Actuary Commercial Pricing leads the development and execution of pricing strategies for the organization’s commercial health insurance products, ensuring rate adequacy and compliance while supporting growth objectives.

Health CareHealth InsuranceInsuranceMedical

Responsibilities

Lead pricing strategy and rate development for commercial products, including medical and ancillary benefits

Collaborate with underwriting, product, sales, and finance teams to align pricing with market dynamics and business goals

Monitor and analyze utilization and unit cost trends, working with others in the Actuarial team; recommend pricing adjustments based on emerging experience

Ensure compliance with state and federal rate filing requirements; support DOI interactions and respond to regulatory inquiries

Oversees and reviews the development and maintenance of actuarial tools and models to support pricing decisions and financial projections

Provide leadership and mentorship to actuarial analysts and managers; foster a culture of analytical rigor and innovation

Present pricing strategy and performance insights to leadership and cross-functional stakeholders

Qualification

ASAFSA designationActuarial experienceHealthcare cost driversActuarial software proficiencyAnalytical skillsCommunication skillsTeam management experience