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Manager, Actuarial Services

Roles & Responsibilities

  • Bachelor's degree in mathematics, statistics, actuarial science or related field required.
  • Five years of progressive actuarial experience and two years of leadership experience required.
  • Experience in pricing, reserving, analysis and other actuarial functions preferred.
  • Associate of the Society of Actuaries (ASA) or Fellow of the Society of Actuaries (FSA) certification awarded by the Society of Actuaries and Member of the American Academy of Actuaries (MAAA) required.

Requirements:

  • Provide strategic leadership and technical oversight for the health plan's actuarial and analytic functions to ensure data-driven decision-making and long-term financial stability.
  • Manage critical processes including pricing, reserving, budgeting, capitation, monthly reserving, and annual bids while establishing robust policies to maintain audit compliance and financial accuracy.
  • Recruit, mentor, and manage a skilled team of actuaries and analysts and coordinate external consulting as needed to meet organizational goals.
  • Ensure the integrity of financial statements and achievement of profitability targets through proactive risk management and continuous competency development.

Job description

Sanford Health is one of the largest and fastest-growing not-for-profit health systems in the United States. We’re proud to offer many development and advancement opportunities to our nearly 50,000 members of the Sanford Family who are dedicated to the work of health and healing across our broad footprint. 

Work Shift:

Day (United States of America)

Scheduled Weekly Hours:

40

Union Position:

No

Department Details

Summary

The Manager- Actuarial Services guides the day to day operations for a team of actuaries and analysts in the assigned area of responsibility. The Manager- Actuarial Services ensures alignment between staff and leadership within the unit. This role is accountable for preparing rate filings, annual bid filings, monthly reserving, capitation, budgeting and forecasting.

Job Description

This role provides strategic leadership and technical oversight for the health plan's actuarial and analytic functions, ensuring data-driven decision-making and long-term financial stability. Manages critical processes—including pricing, reserving, budgeting, and annual bids—while establishing robust policies to maintain audit compliance and financial accuracy. By recruiting, mentoring, and managing a skilled team of actuaries and analysts, the position optimizes internal resources and coordinates external consulting as needed to meet organizational goals. Ultimately, the role ensures the integrity of financial statements and the achievement of the health plans' profitability targets through proactive risk management and continuous competency development. Other duties as assigned.

Qualifications

Bachelor's degree in mathematics, statistics, actuarial science or related field required.

Five years of progressive actuarial experience and two years of leadership experience required. Experience in pricing, reserving, analysis and other actuarial functions preferred.

Associate of the Society of Actuaries (ASA) or Fellow of the Society of Actuaries (FSA) certification awarded by the Society of Actuaries and Member of the American Academy of Actuaries (MAAA) required.

Sanford is an EEO/AA Employer M/F/Disability/Vet. 


If you are an individual with a disability and would like to request an accommodation for help with your online application, please call 1-877-673-0854 or send an email to talent@sanfordhealth.org.

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