Coventry Health Care is a $12 billion growth oriented national managed health care company based in Bethesda, MD with 14,000 employees in 48 states. We provide a full range of risk and fee-based managed care products and services to a broad cross section of employer and government-funded groups, government agencies, and other insurance carriers and administrators.
· Oversees Coventry’s centralization of monthly reserving and present monthly results to Corporate Senior Management · Adapts Coventry reserve model and approach for changes in both Federal and State regulations and internal business expectations · Works closely with business leaders in Corporate Finance, Legal, Marketing, IT, and at Coventry’s Health Plans to represent the Actuarial department as subject matter expert in Coventry’s reserve process · Provides leadership and direction to the actuarial team. Recruits, develops, and motivates staff · Subject matter expert on actuarial and business implications of PPACA regulation · Applies knowledge of mathematics, probability, statistics, principles of finance and business to reserve analyses · Ensures the accuracy of work assigned through the development and use of reconciliation techniques · Analyzes, summarizes, and reconciles essential statistical data · Explains actuarial methodology to appropriate parties · Designs specific actuarial studies and research projects as requested · Performs other duties as required
The ideal Director of Actuarial will possess the following:
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