Actuarial Director, Reserves

Job Summary

Collaborating with cross-functional teams, the full-time Actuarial Director, Reserves will oversee the monthly accrual process for risk-based contracts, ensuring accurate estimation of reserves and providing insights into financial variances and trends.

Key responsibilities

• Manage the monthly accrual process and reconcile IBNR reserves with financial statements
• Support the development of reserving methodology and data validation controls
• Monitor reserve sufficiency and provide recommendations on provisions for adverse deviations

Required qualifications

• Bachelor's degree in Actuarial Science, Finance, Healthcare Administration, or a related field
• 10 or more years of healthcare actuarial work experience
• 3 years of experience in a health insurance reserving capacity
• Experience in establishing provider contract reserves and monitoring settlements
• ASA or FSA designation and membership in the American Academy of Actuaries