Staff VP & Actuary III--Individual West-Enterprise-42627

Newbury Park, CA

WellPoint

• Responsibility for standardization of Individual pricing practices across the organization
• Responsibility for leading actuarial effort related to risk management and underwriting practices to optimize Individual results
• Responsibility to understand and strategize around health care reform scenarios
• Increased focus on linkage between actuarial and financials for planning and forecasting
• This individual would consult the President and VPs of Individual re: business strategies for product expansions, pricing, network targets and cost of care initiatives; as well as provide risk assessments and evaluate potential profitability.
• This individual would be responsible to retain current associates and continue to develop a high caliber actuarial unit; as well as recruit and train new associates, to keep pace with the growing business needs.
• He/she would interact closely with Corporate actuaries and be expected to provide external representation to regulatory agencies.
• The individual is responsible to perform and/or explain all actuarial functions that impact the top line and bottom line for the business.
• He/she would direct and perform highly complex, technical and analytical work.
• He/she would be responsible for decisions concerning priority of work assignments, appropriateness of actuarial and statistical analyses, and determining actuarial soundness and techniques to arrive at recommended solutions.
• He/she is expected to continuously improve current process to increase productivity; and enhance current models and developing new or improved analytical models.