Chief Actuary Highmark Health Plan

Welcome to Highmark Health, where we are dedicated to providing exceptional healthcare services to our community. We are currently seeking a highly skilled and experienced Chief Actuary for our Health Plan division. As the Chief Actuary, you will play a critical role in shaping the financial future of our organization and ensuring the sustainability of our health plan. This is a unique opportunity to join a dynamic team and make a significant impact on the lives of our members. Are you ready to take on this challenge and help us achieve our mission? Let's find out if you have what it takes to be our next Chief Actuary at Highmark Health.

1. Develop and maintain actuarial models and projections to support strategic decision making for the Health Plan division.
2. Monitor and analyze key financial metrics to assess the financial health and viability of the health plan.
3. Collaborate with cross-functional teams to develop and implement risk management strategies.
4. Provide recommendations for pricing and product development based on actuarial analysis.
5. Ensure compliance with all regulatory guidelines and requirements related to actuarial functions.
6. Lead the actuarial team and provide mentorship and guidance to team members.
7. Develop and maintain strong relationships with internal and external stakeholders, including government agencies and industry partners.
8. Conduct regular reviews and audits of actuarial processes and procedures to identify areas for improvement and implement changes as needed.
9. Stay updated on industry trends and changes in regulations to inform business decisions and maintain the financial stability of the health plan.
10. Communicate complex actuarial concepts and findings to non-technical stakeholders in a clear and concise manner.
11. Collaborate with finance and accounting teams to ensure accurate and timely reporting of actuarial data and financial results.
12. Identify and implement cost-saving initiatives to improve the financial performance of the health plan.
13. Serve as a subject matter expert and provide guidance to other departments on actuarial matters.
14. Develop and maintain strong relationships with external actuarial consultants to support business needs.
15. Act as a representative of the organization in industry conferences and events related to actuarial functions.

According to JobzMall, the average salary range for a Chief Actuary Highmark Health Plan in Pittsburgh, PA, USA is $128,000 to $181,000 per year. This range may vary based on factors such as experience, qualifications, and performance. Additionally, the salary may also include bonuses and benefits.

Highmark Inc. is among the largest health insurers in the United States and the fourth-largest Blue Cross and Blue Shield-affiliated company. Highmark and its diversified businesses and affiliates operate health insurance plans in Pennsylvania, Delaware and West Virginia that serve 5.2 million members. Its diversified health businesses serve group customer and individual health needs across the United States through dental insurance, vision care and other related health businesses. Highmark is an independent licensee of the Blue Cross and Blue Shield Association, an association of independent Blue Cross and Blue Shield companies.