About the job
Join us in transforming the landscape of healthcare!
At Optimyl Benefits, we are dedicated to providing affordable, high-quality, and user-friendly healthcare plans tailored for small employers. We collaborate closely with the broker community to enable employers to offer competitive benefits without the complexities typically associated with health insurance.
Role Overview
We are looking for a highly skilled and self-motivated Actuary to enhance our daily actuarial operations. This role is ideal for someone who thrives on ownership and autonomy, adept at independently managing essential actuarial processes, while effectively collaborating with leadership on strategic analysis and decision-making support.
This position is pivotal in maintaining and enhancing our rating manual, renewal process, and associated pricing and analytical workflows. Additionally, you will support various ad-hoc analyses and reporting requirements throughout the organization.
Key Responsibilities
Pricing & Rating
- Own and maintain the company’s rating manual, including documentation, assumptions, updates, and ongoing enhancements.
- Conduct pricing analyses for new and renewing business, ensuring compliance with actuarial standards and internal guidelines.
- Identify opportunities to improve the accuracy, efficiency, and automation of the rating process.
Renewals & Underwriting Support
- Lead the actuarial aspects of the renewal process, including experience analysis and rate recommendations.
- Collaborate with underwriting, sales, and leadership to support renewal strategies and decision-making processes.
Analysis & Reporting
- Perform ad-hoc actuarial and financial analyses to address business inquiries and support strategic initiatives.
- Develop and maintain regular actuarial reports, dashboards, and summaries for leadership and internal stakeholders.
- Translate complex actuarial results into clear, business-oriented narratives.
Process Ownership & Improvement
- Independently manage actuarial workflows and timelines for assigned processes.
- Identify inefficiencies and drive continuous improvement through enhanced methodologies, tools, or automation.
- Ensure compliance with actuarial work standards.
