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Risk Strategies

Sr Vice President - Actuary

Posted Yesterday
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Remote
Hiring Remotely in United States
109K-232K Annually
Senior level
Remote
Hiring Remotely in United States
109K-232K Annually
Senior level
Lead actuarial support for reinsurance and healthcare clients by developing proformas, evaluating new products, conducting rate and reserve analyses, supporting reinsurer negotiations, monitoring regulatory impacts, and providing ad-hoc actuarial and underwriting analysis across medical and supplemental health products.
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The Reinsurance division at Risk Strategies is part of the National Healthcare Practice, providing consultative risk management and evaluation services across a full range of individual and group medical and supplemental health products for both private and public-sector clients.

Our team is driven by a passion for client service, emphasizing prompt, courteous support and long-term relationship building. We value clear, consistent communication and have assembled a team of professionals who combine strong technical expertise with exceptional interpersonal skills. Risk Strategies fosters a collaborative, family-oriented culture where teamwork and client satisfaction are paramount.

Your Impact

Client & Program Review and Support (Primary)

  • Develop proformas and evaluate business plans and new product opportunities for clients/prospects
  • Support carrier/reinsurer discussions to secure rating and underwriting approvals
  • Conduct contract reviews and analyze client projections
  • Perform peer reviews of rate development and prepare reports to track program performance
  • Provide client-specific analysis to support tailored reinsurance renewal strategies
  • Monitor and communicate regulatory changes impacting various lines of business and products

Client & Program Analyses (As Needed)

  • Perform claims, trend, rate, benchmarking, and completion factor analyses
  • Conduct case reserve and IBNR evaluations, and develop premium/claim triangles
  • Support actuarial and underwriting projects, including data integration and analysis across systems (e.g., medical and PBM claims)
  • Provide additional actuarial or underwriting support as needed

Successful Candidate Will Have

  • 10+ years of relevant and progressively responsible actuarial experience
  • An Associate or Fellow of the Society of Actuaries and a Member of the American Academy of Actuaries
  • Experience relevant to the responsibilities summarized above, and preferably across a variety of health-related lines of business and products
  • Self-motivated with the ability to work both independently and with a team
  • Strong verbal and written communication, problem-solving and analytical skills
  • Effective time management skills
  • Ability to apply actuarial concepts and calculations to complex, diverse situations
  • Advanced technical background with expertise in at least MS Excel, Access and Word

At Risk Strategies Company, base pay is one part of our total compensation package, which also includes a comprehensive suite of benefits, including medical, dental, vision, disability, and life insurance, retirement savings, and paid time off and paid holidays for eligible employees. The total compensation for a position may also include other elements dependent on the position offered. The expected base pay range for this position is between of $109,400 - $232,000 annually. The actual base pay offered may vary depending on multiple individualized factors, including geographical location, education, job-related knowledge, skills, and experience.

Risk Strategies is the 9th largest privately held US brokerage firm offering comprehensive risk management advice, insurance and reinsurance placement for property & casualty, employee benefits, private client services, as well as consulting services and financial & wealth solutions. With more than 30 specialty practices, Risk Strategies serves commercial companies, nonprofits, public entities, and individuals, and has access to all major insurance markets. Risk Strategies has over 100 offices and over 5,000 employees across the US and Canada.

Our industry recognition includes being named a Best Places to Work in Insurance for the past five years (2018-2022) and on the Inc. 5000 list as one of America’s Fastest Growing Private Companies. We are committed to being good stewards for our company, culture, and communities by having a strong focus on Environmental, Social, and Governance issues.

Risk Strategies is an equal opportunity workplace and is committed to ensuring equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, Veteran status, or other legally protected characteristics. Learn more about working at Risk Strategies by visiting our careers page: www.risk-strategies.com/careers.

Personal information submitted by California applicants in response to a job posting is subject to Risk Strategies' California Job Applicant Privacy Notice.

Risk Strategies Chicago, Illinois, USA Office

333 Wacker Drive, Chicago, United States

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