Director, Health Services Medical Service

Please note, employment offered to residents in the following states only: At Preferred, we understand the importance of holistic health. Financial~ Short-term disability, long-term disability, and life insurance coverage are provided at no cost~ Optional benefits include enhanced life insurance and critical illness plans~A cash-balance pension plan~ A short-term incentive plan for all employees10 paid company holidays~ Access to 26 sessions with a BetterHelp therapist each year for you and up to 5 dependents, as well as access to all of BetterHelp's group and digital resources Access to Family First, a team of care experts who can provide you and your loved ones 1:1 assistance with a variety of caregiving solutions, from elder care to legal and financial challenges, insurance and Medicare navigation, and more! Medical, dental, and vision coverage options begin on the first day of employment Health Savings Accounts (with a generous employer contribution!)The Director of Actuarial Services position is a broad-based P&C actuarial position that will be responsible for the application of actuarial principles in the areas of pricing, reserving, predictive modeling, strategic planning, reinsurance, and financial planning. This is a leadership role that will be responsible for utilizing actuarial skills and perspectives to help the organization succeed in meeting its strategic plan and financial goals. The role will be responsible for providing strong thought leadership, help develop corporate strategy, and provide key insights on organizational performance. The position will manage the activities of the Actuarial Services department and will have strong interactions with all other insurance operations including Data and Analytics, Underwriting, Claims, Product, and Finance. Leads a team of Actuaries to execute complex and strategic projects, while leveraging broad functional expertise and knowledge of the business to serve as a subject matter expert across the organization Effectively manage the activities of the Actuarial unit to ensure accuracy, efficiency and timeliness of all actuarial work products Uses best practices to develop and ensure appropriateness of complex actuarial/statistical analyses/methodologies used across the organization to influence business decisions while ensuring quality of data used to perform the analyses is appropriate and documentation standards are adhered toLeverages understanding of insurance business, product, markets and regulatory environments to develop and lead pricing/reserving/modeling strategies to influence business decisions across the organization Oversee development of actuarial rate indications and manage and/or provide direct support to secure regulatory approval of company rate filings Support the internal quarterly loss reserve review process, help interpret the results, and provide recommendations to senior management on held reserves. Support new and innovative tools to enhance the pricing sophistication at PMICDirect involvement in the successful development, implementation and performance of our pricing models (i.e., Provide hands-on actuarial work and analysis for some of the more complex actuarial projectsProvide actuarial support for the annual financial planning process and help develop effective ways of using historical data to assist others in understanding the trajectory of our results Help provide actuarial support during the annual review of reinsurance treaties Work with our business partners to seek out new opportunities to provide unique actuarial support and insights to all areas of the organization Give presentations to other departments and to executive leadership on a variety of actuarial topics, results or projects Help the Actuarial unit and others to draw the proper and accurate conclusions from the data, analysis and information being evaluated Ensure the work completed by the Actuarial unit is in alignment with the company strategic objectives and that they help support achievement of those objectives Develop a reputation for the Actuarial unit as the go-to area for complex analysis and clear and accurate insights and conclusions Willingness to travel to home office and to visit key agency partners on occasion Excellent communication skills, including the ability to present written and verbal interpretations of highly specialized terms and data, to multi-disciplinary groups and all organizational levels A strong sense of ownership over the performance of the Actuarial unit and company results Proactive, creative, critical thinking, and thought leadership brought to problem solvingFCAS designation from the Casualty Actuarial Society A minimum of 10 years of actuarial experience in the areas of pricing and predictive modeling, including a minimum of 5 years of experience as a strategic leader and manager of an actuarial department in a property and casualty environment Strong knowledge of personal lines and/or commercial lines property and casualty products Demonstrated ability to work with smaller volumes of data and to properly interpret that data and financial results when it has low credibility Demonstrated initiative, autonomy and commitment to process improvements and efficiency Bachelor's degree in Actuarial Science, Mathematics or related fieldABOUT US: As a mutual company, we are independent by nature, so we think about insurance solutions a little differently. Through listening, problem solving, examining your challenges and collaborating on the right solutions for you, Preferred Mutual independent agents provide flexible solutions and adapt to your evolving needs. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law. Management reserves the rights to add, modify, change or rescind the work assignments of different positions and to make reasonable accommodations so that qualified employees can perform the essential functions of the job. Nothing in this position description changes the at-will employment relationship existing between Preferred Mutual Insurance Company and its employees.