Director, Actuarial Pricing

at Sun Life Financial (U.S.) Services Company, Inc. in South Portland, Maine, United States

Job Description

You are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description:
At Sun Life, we look for optimistic people who want to make life brighter for ourClients.We understand the value of diverse cultures, perspectives, and identities, and want you to bring your full and authentic self to work.Every day,you'll be empowered and challengedbyworking withdynamic colleaguesto find new and innovative ways to make Sun Life the best benefits company in America.

The opportunity: The Director of Actuarial Pricing will provide business and financial analysis to support profit and growth objectives. Primary focus will be on the Medical Stop-Loss products and support other initiatives within the Health & Risk Solutions business.

How you will contribute:
Develop and enhance rate study methodologies
Coordinate implementation of pricing changes
Provide ongoing consultation of case level sales and renewal opportunities
Provide sign-off on internal actuarial and finance controls
Evaluate, monitor, and report actuarial operating performance, communicating to senior management and employees
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
Keep pricing responsive to market trends by actively engaging product management to keep products positioned in the market and contributing to product development initiatives
Evaluate and recommend processes to improve quality and efficiency of business
Provide leadership and direction to team, develop and monitor performance of team members

What you will bring with you:
Ability to work with a diverse range of people
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. This includes recruiting, selecting, training, motivating, and developing employees
Ability to develop strong working relationships with internal partners
Ability to create and communicate strategic direction in the assigned actuarial operating area.

Required Education and Experience:
8+ years of Actuarial experience required, within Stop Loss, Healthcare or insurance industry preferred but not required
Proven leadership and management experience is required
FSA preferred, will consider career level ASA
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

Do you see yourself in this role even if you haven't checked all the boxes above? We welcome all talented candidates and are committed to a culture that represents diversity in all forms. If you think you might thrive in this setting, we would love to hear from you.

Not ready to apply yet but want to stay in touch? to stay connected until the time is right for you!

Life is brighter when you work at Sun Life
Excellent benefits and wellness programs to support the three pillars of your well-being - mental, physical and financial - including generous vacation and sick time, market-leading paid family, parental and adoption leave, a partially-paid sabbatical program, medical plans, company paid life and AD&D insurance as well as disability programs and more
Retirement and Stock Purchase programs to help build and enhance your future financial security including a... For full info follow application link.

Sun Life Financial is an equal employment and affirmative action employer. All qualified applicants will receive consideration without regard to race, color, sex, religion, age, national origin, disability, veteran status, sexual orientation, gender identity or expression, marital status, ancestry or citizenship status, genetic information, pregnancy status or any other characteristic protected by law. Sun Life Financial is committed to building a diverse and inclusive company culture.

Sun Life Financial is a leading provider of group insurance benefits in the U.S., helping people protect what they love about their lives. More than just a name, Sun Life symbolizes our brand promise of making life brighter – for our customers, partners, and communities. Join our talented, diverse workforce and launch a rewarding career. Visit us at to learn more.

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Job Posting: 992760

Posted On: Sep 30, 2023

Updated On: Oct 31, 2023

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