- Collaborate effectively with cross-functional teams. Work with the business to align and develop business strategies for best-in-class pricing and offerings.
- Communicate complex ideas simply. Excellent verbal and written skills; able to communicate effectively with leadership at all levels and across a broad set of team members. Drive transparency on priorities and expected return.
- Adapt quickly to changing priorities. Commitment to manage multiple priorities and have ability to re-assess and pivot as needed.
- Take initiative and work independently when needed. Ability to effectively assess the scope of work and level of effort, to develop models, predict outcomes, and assess future risk and vulnerability.
- Results Driven. Proactive and hands-on. Understands statistical packages and has proven ability to deploy models; evaluate and work with large data sets; and provide actionable insights.
As the Sr. Director in TotalSource, you will have a passion for health insurance--a motivated self-starter with strong analytical and problem-solving skills. This special someone should have excellent attention to detail, with the ability to learn quickly, keeping up with the ever-evolving healthcare space. Ideal candidates have a history for producing key insights and delivery models to increase accuracy of reporting and advanced analytics in an agile environment to unlock transformational growth.
Ready to #MakeYourMark? Apply now!
WHAT YOU'LL DO IN THIS ROLE: Responsibilities
- Conduct experience studies and identify actionable insights to modify subscriber behaviors geared toward improving overall results.
- Analyze carrier cost ratios based on overall experience, identifying opportunities for improvement among new business and existing client base.
- Gather and develop benchmarks for purposes of assessing our performance and the potential for improvement.
- Prepare and present actuarial reports to senior leadership, explaining findings and recommendations in a clear and understandable manner.
- Offer insights to partners to continuously improve processes through data and innovation.
- Build strong internal and external partnerships.
- Partner with the Data & Analytics organization, Data Product teams, and business stakeholders to create roadmaps and execute project plans in fast-paced, agile development environment.
- Create use-case specific data tables by joining and critical elements across multiple data domains.
- Assess and determine key data elements needed for evaluation, ensuring it is well-structured, adheres to data quality rules, and traceable from consumption layer back to raw layer.
- Drive strategic use of data to support business efficiencies and competitive decision-making.
- Mentor junior team members working within matrix pod to support Advanced Analytics initiatives.
- Stay current with industry trends, actuarial methodologies, and best practices through ongoing professional development and education.
- Ongoing awareness of industry regulations and work to ensure compliance in all actuarial aspects of our products and services. Ensure compliance with SOX, HIPAA, and other regulations.
TO SUCCEED IN THIS ROLE: Requirements
- Can be fully remote anywhere in the US, if the identified candidate is not near an ADP office. Otherwise, we support a hybrid flexible work arrangement; 3 days in the office and 2 days at home.
- Associate of the Society of Actuaries.
- Bachelor's degree in actuarial science, Mathematics, Statistics, or a related field.
- 12+ years' experience as an actuary or equivalent relevant role, with a strong background in health insurance.
- Knowledge of various aspects of healthcare actuarial practice, including pricing, reserving, and forecasting.
- Experience with cloud database technologies (e.g., AWS) and developing solutions on cloud computing services and infrastructure in the data and analytics space.
- Proficiency in statistical modeling tools and programming languages; SQL, Python, MATLAB, R, or similar.
- Exceptional analytical and problem-solving skills.
- Excellent written, verbal communication, presentation, and interpersonal skills with both technical and non-technical audiences.
- Ability to effectively communicate optimal design of the data for modeling.
- Possess a high degree of initiative, motivation, and professionalism.
BONUS POINTS FOR THESE: Preferred Qualifications
- MBA is a plus.
- Experience working in PEO, Risk analytics, or analytical consulting.
- Understanding of both fully insured and self-insured Health & Benefits programs with underwriting and claims projection experience.
- Proven ability to derive new insights by merging and transforming internal and external data sets in business contexts.
- Demonstrated ability to effectively lead and participate on a variety of large projects, including complex analytical initiatives across departments.
- Experience with Jira and Confluence preferred.
- Knowledge with dashboarding tools (e.g., Dash, Shiny, Tableau, PowerBI).
- Comfortable using APIs to perform advanced data transformations.
YOU'LL LOVE WORKING HERE BECAUSE YOU CAN:
- Be yourself in a culture that values equity, inclusion, and belonging and creates a safe space for diverse perspectives and insights.
- Belong by joining one of nine Business Resource Groups where you can connect globally with networks and allies who share common interests and experiences.
- Grow your career in an agile, fast-paced environment with plenty of opportunities to progress.
- Continuously learn. Ongoing training, development, and mentorship opportunities for even the most insatiable learner.
- Be your healthiest. Best-in-class benefits start on Day 1 because healthy associates are happy ones.
- Balance work and life. Resources and flexibility to integrate your work and your life more easily.
- Focus on your mental health and well-being. We're here to provide exceptional service to our clients, and none of that happens without each of us taking care of ourselves and being there for one another.
- Join a company committed to giving back and generating a lasting, positive impact upon the communities in which we work and live.
- Get paid to pay it forward. Company-paid time off for volunteering for causes you care about.
What are you waiting for? Apply today!