Director, Actuarial Pricing

Sun Life U.S. is one of the largest providers of employee and government benefits, helping approximately 50 million Americans access the care and coverage they need. Through employers, industry partners and government programs, Sun Life U.S. offers a portfolio of benefits and services, including dental, vision, disability, absence management, life, supplemental health, medical stop-loss insurance, and healthcare navigation. We have more than 6,400 employees and associates in our partner dental practices and operate nationwide.

Visit our website to discover how Sun Life is making life brighter for our customers, partners and communities.  

Job Description:

Sun Life embraces a hybrid work model that balances in-office collaboration with the flexibility of virtual work. Internal candidates are not required to relocate near an office.

The opportunity: The Director of Health & Risk Solutions Actuarial Pricing will be responsible for delivering comprehensive business and financial analysis to advance profit and growth objectives. While the primary emphasis will be on Medical Stop-Loss products, this role will also provide analytical support for additional strategic initiatives across the Health & Risk Solutions business segment.

How you will contribute: ​

• Develop and enhance rate study methodologies
• Coordinate implementation of pricing changes
• Provide ongoing consultation of case level opportunities
• Provide sign-off on internal actuarial and finance controls
• Evaluate, monitor, and report actuarial operating performance
• Manage and evolve the creation of detailed actuarial reports and models in support of the business
• Partner with Health & Risk Solutions Business Analytics team to innovate pricing and risk selection parameters
• Actively contribute to product development initiatives to keep products well-positioned in the market
• Evaluate and recommend processes to improve quality and efficiency of business
• Provide leadership and direction, develop and monitor performance to team members

What you will bring with you: 

• Ability to work with a diverse range of people
• 8+ years of appropriate actuarial experience
• Prior management experience
• FSA preferred
• Bachelor's in Actuarial Science, Mathematics, Statistics or other fields requiring rigorous mathematics and analysis
• Active status in the Society of Actuaries and American Academy of Actuaries
• Thorough knowledge of actuarial and risk management processes and a complete understanding of factors that influence insurance profitability
• Strong leadership abilities to inspire and coach employees
• Ability to develop strong working relationships with internal stakeholders
• Ability to create and communicate strategic direction in the assigned actuarial operating area

Salary:  

$153,400-$230,100

At our company, we are committed to pay transparency and equity. The salary range for this role is competitive nationwide, and we strive to ensure that compensation is fair and equitable. Your actual base salary will be determined based on your unique skills, qualifications, experience, education, and geographic location. In addition to your base salary, this position is eligible for a discretionary annual incentive award based on your individual performance as well as the overall performance of the business. We are dedicated to creating a work environment where everyone is rewarded for their contributions. 

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We are committed to fostering an inclusive environment where all employees feel they belong, are supported and empowered to thrive.  We are dedicated to building teams with varied experiences, backgrounds, perspectives and ideas that benefit our colleagues, clients, and the communities where we operate.  We encourage applications from qualified individuals from all backgrounds.

Life is brighter when you work at Sun Life

At Sun Life, we prioritize your well-being with comprehensive benefits, including generous vacation and sick time, market-leading paid family, parental and adoption leave, medical coverage, company paid life and AD&D insurance, disability programs and a partially paid sabbatical program.  Plan for your future with our 401(k) employer match, stock purchase options and an employer-funded retirement account.  Enjoy a flexible, inclusive and collab