Aetna Manager, Actuarial (Cred) - 40724BR in Bethesda, Maryland

Req ID: 40724BR


Manage/coach a group of actuarial staff in support of the PA/DE markets for Local and Regional Commercial business. Collaborate with business partners to provide sound risk management advice. Anticipate and recognize matters that materially affect financial results and make sound, unbiased recommendations on these matters. This position will focus on Small Group, including the rapid growth of the AFA product. Additional responsibilities include network savings and all segments for WV.

Fundamental Components:


  • Lead/manage projects established to support goals identified in strategic and operating plans. Influence/motivate resources within and outside of direct control to complete projects. Exhibit innovative use of resources.

  • Manage staff, including responsibility for hiring and termination decisions. Perform all other supervisory responsibilities for direct reports, including job coaching, performance management, and compensation determinations. Ensure access to appropriate tools, resources and training.

    Product & Business Knowledge:

  • Assumptions & Data Sources- Review assumptions developed by staff from a business perspective and be able to defend work to senior management. Integrate understanding of internal and external data sources for quantifying risks.

  • Regulatory Issues- Assure compliance with applicable regulations, laws and standards.

    Risk Analysis & Management:

  • Risk Assessment- Partner with business managers to provide sound risk management advice.

  • Rate Filing- Direct and observe regulatory process. Respond to internal and external auditors. Validate and/or sign certifications of compliance.

  • Reserve Analysis- Review reserve analyses and recommend appropriate reserve levels.

  • Planning & Forecasting- Review and interpret models and make recommendations for planning, forecasting and reporting process.

  • Pricing, Trend & Benefit Design- Oversee and recommend pricing and trend for product and/or services. Understand and communicate financial impact on business plan to business unit management.

    Technical Proficiency:

  • Develop creative technical solutions to a variety of problems. Stay apprised of technical innovations as potential solutions for actuarial issues and concerns.

  • Development & Implementation- Oversee/manage the development and implementation of tools and models.

  • Maintenance & Enhancements- Prioritize changes and enhancements to processes, tools and systems. Define staffing support and resource allocate

  • Testing- Review testing results for changes to processes, tools and systems.

    Communication, Collaboration & Consultation:

  • Verbal & Written Communication- Address most complex inquiries. Have direct interaction with internal and external constituents. Maintain accurate documentation and manage training and user support for tools and processes.


    Bachelor's degree along w/5+ years related experience

    Must have ASA (Associate of the Society of Actuaries) along w/MAAA

    FSA is desirable

    strong management skills are required

    Excellent communication skills

    The ideal candidate will work in our Blue Bell, PA, Harrisburg, PA or Bethesda, MD office


    The highest level of education desired for candidates in this position is a Bachelor's degree or equivalent experience.


    Actuarial/Associate of the Society of Actuaries is required


    General Business/Communicating for Impact/MASTERY


    Aetna is about more than just doing a job. This is our opportunity to re-shape healthcare for America and across the globe. We are developing solutions to improve the quality and affordability of healthcare. What we do will benefit generations to come.

    We care about each other, our customers and our communities. We are inspired to make a difference, and we are committed to integrity and excellence.

    Together we will empower people to live healthier lives.

    Aetna is an equal opportunity & affirmative action employer. All qualified applicants will receive consideration for employment regardless of personal characteristics or status. We take affirmative action to recruit, select and develop women, people of color, veterans and individuals with disabilities.

    We are a company built on excellence. We have a culture that values growth, achievement and diversity and a workplace where your voice can be heard.


    Benefit eligibility may vary by position. Click here to review the benefits associated with this position.

    Aetna takes our candidate's data privacy seriously. At no time will any Aetna recruiter or employee request any financial or personal information (Social Security Number, Credit card information for direct deposit, etc.) from you via e-mail. Any requests for information will be discussed prior and will be conducted through a secure website provided by the recruiter. Should you be asked for such information, please notify us immediately.

Job Function: Actuarial