VP – Head Business Actuary – Employee Benefits
| Company | Voya Financial |
|---|---|
| Location | Boston, MA, USA, Philadelphia, PA, USA, Hartford, CT, USA, Minneapolis, MN, USA |
| Salary | $220900 – $276130 |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Senior, Expert or higher |
Requirements
- Fellow of the Society of Actuaries (FSA) designation is required.
- A minimum of 8 years of experience in actuarial roles, with a focus on employee benefits, including group benefits, voluntary disabilities, and stop loss insurance.
- Demonstrated experience in pricing portfolio management and strategic decision-making.
- Strong analytical skills with a proven ability to utilize data to drive strategy and influence stakeholders.
- Exceptional communication and interpersonal skills, with the ability to engage effectively with clients and intermediaries.
- Excellent presentation skills with the ability to effectively use data to craft compelling narratives that engage and inform stakeholders.
- A strong appetite for driving change and innovation within the organization, with a proven track record of impactful contributions.
- Proven ability to build, develop, and attract talent within the actuarial field, fostering a high-performing team culture.
Responsibilities
- Lead and mentor the actuarial team, fostering a culture of excellence and collaboration.
- Oversee actuarial analyses and methodologies across all employee benefit lines.
- Act as a builder and developer of talent within the team, identifying high-potential individuals and providing professional growth opportunities.
- Attract and retain top actuarial talent by promoting a dynamic and engaging work environment.
- Command a thorough understanding of group benefits products and leveraging this expertise to guide decision-making and strategic direction.
- Analyze trends and market dynamics in employee benefits to inform product development and pricing strategies.
- Lead the pricing strategy for various employee benefit products.
- Conduct regular reviews of the pricing portfolio, utilizing data analytics to optimize performance and adjust strategies as necessary.
- Collaborate with business leaders, as well as teams including underwriting, finance, product, and sales to develop and implement strategies that drive business development and growth in employee benefits offerings.
- Engage with clients and intermediaries to present actuarial insights, foster relationships, and identify new business opportunities.
- Champion initiatives to improve actuarial processes, systems, and methodologies while ensuring robust risk management practices are in place.
- Promote a culture of innovation and continuous improvement within the actuarial team.
- Utilize industry insights and best practices to propose innovative solutions that enhance the organization’s employee benefit offerings.
- Identify, assess, and mitigate risks associated with actuarial practices and employee benefit designs to ensure compliance and sustainability.
Preferred Qualifications
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No preferred qualifications provided.