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This position leads HealthSpring Supplemental Benefits (HSB)’s Valuation team and related ongoing financial reporting functions. HSB is a profitably growing division selling Medicare Supplement and other Supplemental Health and Life products. Current annual revenues are $1.5B, with total liability/DAC balances of approximately $1B.

Responsibilities:

• Serve as Appointed Actuary for HSB Legal Entities, coordinating all annual actuarial statement deliverables.
• Establish monthly balances for claim and policy liabilities/assets including IBNR, UEP, ALR, and DAC.
• Determine and explain drivers of earnings variances related to premium, claims, and reserves on a monthly cycle.
• Complete testing related to Stat and GAAP reporting requirements including Annual Statement reporting, Cash Flow Testing, DAC Recoverability Testing, and Loss Recognition Testing.
• Update and implement reserving/financial processes to coincide with new product and Medicare Supplement charter launches.
• Own and execute Sarbanes-Oxley controls and other governance processes.
• Lead project management of FASB Long Duration Targeted Improvements including methodology/process changes, understanding impacts, annual unlocking and communication of impacts.
• Lead actuarial valuation team and effective ongoing management of valuation functions. Coach and develop talent across team of actuaries and financial analysts.
• Partner with other leaders in Actuarial team and across HSB to drive towards successful outcomes and achievement of strategic objectives. Develop and provide unique insights that support and enable achievement of such goals.

Required Job Qualifications:
* Bachelor degree in Actuarial Science, Mathematics, Statistics or Economics. Other Bachelor (or higher) Degrees may be considered.
* Fellow of the Society of Actuaries (FSA) and Membership in the American Academy of Actuaries (MAAA). In place of attainment of FSA, 4 years of actuarial experience in the health insurance field at the ASA level may be substituted. Compliance with all the membership requirements for each professional designation.
* At least 7 years of actuarial experience in the health insurance or related field.
* Verbal and written communications skills to prepare effective documentation, facilitate training and development, and participate in presentations.
* PC proficiency to include Word and Excel.

Preferred Job Qualifications:

*Experience with valuation

*Experience with Medicare Supplemental health and life product

#LI-TR1

#LI-Hybrid

*This is a hybrid role, in the designated office 3 days/week

Compensation: $130,800.00 - $242,800.00

Exact compensation may vary based on skills, experience, and location

HCSC Employment Statement:

We are an Equal Opportunity Employment employer dedicated to providing a welcoming environment where the unique differences of our employees are respected and valued. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other legally protected characteristics.

To learn more about available benefits, please click https://careers.hcsc.com/totalrewards