Delta Dental of Massachusetts · 1 month ago
Senior Actuary
Delta Dental of Massachusetts is seeking a strategic and experienced Senior Actuary to lead actuarial initiatives across dental and vision insurance products. This role is instrumental in shaping product strategy and driving profitability while collaborating with executive stakeholders to influence enterprise-wide decisions.
Health Care
Responsibilities
Partner with senior leadership to align actuarial strategy with corporate objectives and growth initiatives
Present complex actuarial and data modeling insights to senior leadership in clear, actionable terms
Contribute to enterprise-level planning, including financial forecasting, product strategy, and risk management
Serve as a trusted advisor to the senior leadership team on dental and vision insurance trends, pricing strategy, and market dynamics
Lead pricing strategy and model development for dental and vision insurance products across group and individual markets
Collaborate with product and underwriting teams to design innovative, competitive, and profitable benefit plans
Monitor market trends and competitor activity to inform strategic pricing decisions
Oversee reserving methodologies and ensure adequacy of claim liabilities for dental and vision lines
Drive forecasting and trend analysis to support financial planning and budgeting
Ensure actuarial assumptions and methodologies are aligned with business objectives and regulatory standards
Provide actuarial support and analysis for rate and product filings
Develop and maintain sophisticated actuarial and predictive models to support pricing, reserving, and utilization analysis
Apply statistical and machine learning techniques to identify emerging trends and cost drivers
Leverage tools such as R, Python, SQL, and Excel to build scalable, transparent, and reproducible models
Champion the integration of data science and actuarial methods to enhance decision-making
Qualification
Required
Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field
Fellow of the Society of Actuaries (FSA) strongly preferred; ASA with extensive experience considered
7+ years of actuarial experience, with a strong focus on dental and/or vision insurance
Proven experience collaborating with executive leadership and influencing strategic decisions
Advanced proficiency in data modeling and analytics tools (e.g., R, Python, SQL, Excel)
Exceptional communication skills with the ability to translate complex actuarial concepts into business insights
Preferred
Deep understanding of dental and vision claims data, provider networks, and benefit structures
Experience with multi-state regulatory filings and rate development
Strong business acumen and ability to lead through influence in a matrixed environment
Benefits
Medical, dental, and vision plans
Generous time off including PTO
Short and long-term disability insurance
Competitive 401(k) savings match including financial planning workshops
Company
Delta Dental of Massachusetts
Delta Dental of Massachusetts is a dental carrier providing dental plans.
Funding
Current Stage
Growth StageTotal Funding
unknownKey Investors
SMILE Health
2023-08-08Non Equity Assistance
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