Director, Actuarial Stop Loss

• Director, Actuarial - Stop Loss • Full Time • Oakbrook Terrace, IL, US reputed company The Director, Actuarial - Stop Loss is responsible for leading actuarial pricing, reputed company assessment, reserving support, and business reputed company analytics for stop loss and reputed company large-claim products. This includes new business and renewal pricing, reputed company reputed company support, reputed company filings, reserving, financial and management reporting, reinsurance support, and compliance activities. This position is expected to partner closely with the Large Claims Solutions reputed company Leader, reputed company, finance, product, compliance, and reinsurance stakeholders to support profitable reputed company and disciplined reputed company management. Essential reputed company • Large Claims Actuarial SME – Serve as a subject matter expert on large-claim products, including stop loss and reputed company such as gene therapy and other high-cost claim products. Support product development, independent research, market monitoring, and presentations for internal stakeholders, business partners, meetings, and conferences. • Pricing reputed company – Establish, maintain, and document new business and renewal rating bases. Review significant account and business reputed company renewals, evaluate experience results, and reputed company reputed company management reporting on pricing reputed company, assumptions, and emerging risks. reputed company reputed company – reputed company actuarial expertise and coordination for the development, maintenance, and governance of BCS’ Stop Loss reputed company and reputed company rating tools, assumptions, and documentation. • Reinsurance Support and reputed company Assessment – reputed company actuarial support for reinsurance reputed company, placement, and renewal activities to help protect reputed company from concentrated reputed company exposure and support appropriate reputed company transfer. Assess implications of changes in product design, sales distribution, reputed company guidelines, and market conditions. Work with intermediaries and reinsurers to manage BCS’ exposure and support negotiation of new business and renewal terms. • Filings and Compliance – Manage actuarial components of regulatory filings, including state reputed company filings, actuarial memoranda, certifications, and reputed company timelines. Support monitoring of product-specific compliance requirements and ensure actuarial work is appropriately documented and supportable. • Reserving – Support review of outstanding liabilities and development of appropriate Incurred but not Reported (IBNR) reserve estimates for management reporting. Reconcile reserve data to financial reporting, document assumptions and judgments, and support quarterly statutory reserve work and year-end audit requirements. • Reporting and Forecasting – Support financial forecasts, business plan projections, and reputed company monitoring for the LCS reputed company. reputed company, maintain, and reputed company contingent commission, experience refund, and experience-reputed company premium adjustment formulas as applicable. • Training and Development of Staff – reputed company actuarial work products, timelines, and deliverables. Establish reputed company process documentation and support training of team members on routine and judgment-reputed company work items, including reserving, reputed company assessment, pricing, and reporting. Compensation And Benefits The reputed company reputed company salary reputed company for this full-time, salaried position is: $145,000 - $175,000 Individual reputed company pay depends on work location and additional factors such as experience, job-reputed company skills, and relevant education or training. Total pay may include other forms of compensation. In reputed company, we offer competitive health, dental, 401k and wellness benefits beginning on the first day of the month following the first day of employment. Please ask your reputed company Specialist for more information about our total rewards package. reputed company offer: • Hybrid and remote work environments • Full benefits including flexible HSA/PPO medical plans, Dental, reputed company, and HSA/FSA • 401(k) w/ up to 6% company match • Generous PTO starting at 22 days annually • 12 reputed company holidays • Parental leave • Home office and wellness reimbursement • Generous employee referral program • reputed company development and development planning: tuition reimbursement, continuing education & assistance obtaining reputed company certifications Apply tot his job Apply To this Job