Associate Director - Supplemental Health Pricing

Sun Life U.S. is one of the largest providers of employee and government benefits, helping approximately 50 million Americans access the care and coverage they need. Through employers, industry partners and government programs, Sun Life U.S. offers a portfolio of benefits and services, including dental, vision, disability, absence management, life, supplemental health, medical stop-loss insurance, and healthcare navigation. We have more than 6,400 employees and associates in our partner dental practices and operate nationwide.

Visit our website to discover how Sun Life is making life brighter for our customers, partners and communities.

Sun Life embraces a hybrid work model that balances in-office collaboration with the flexibility of virtual work. Our team members and leaders are expected to foster connection and teamwork by being present in the office at least 2 days per week.

Reporting to the Director, Supplemental Health Pricing within the US Employee Benefits division, this role is responsible for providing actuarial and financial analysis to support pricing strategies for the Supplemental Health product pillar (Critical Illness, Cancer, Accident and Hospital Indemnity).

How you will contribute:

Pricing:

• Perform regular experience studies to update manual rates and other pricing formulas to support profitable growth of the business.

• Maintain and improve pricing tools and models.

• Develop and monitor new business and renewal pricing programs.

• Support new product initiatives, including product development, pricing and governance.

• Manage required regulatory rate filings to approval.

• Respond to internal and external audits for managed products.

Profitability Management:

• Evaluate product financial performance, communicating to management and functional areas.

• Develop data, metrics and processes for effective financial management of the products.

• Provide analysis to develop a deep understanding of macro and micro drivers impacting results.

• Monitor market and economic conditions to allow identification of issues/risks on a timely basis. Enable management to react proactively to keep products competitively positioned.

• Provide input to Business and Strategic Plan forecasts.

Leadership & Collaboration:

• Contribute to building a high-performance team, providing leadership and coaching to actuarial students on the team.

• Work in collaboration with other functional teams, including Product, Underwriting, Distribution, Claims, Valuation and Finance, as well as peers on the Group Pricing and Dental/Vision teams.

• The role may involve direct management of one actuarial student, including recruitment and evaluation of performance.

What you will bring with you:

• Ability to work with diverse groups of people

• FSA and/or FCIA with relevant work experience. Active membership in American Academy of Actuaries.

• Bachelor's degree in Actuarial Science, Mathematics, Statistics or another field requiring rigorous mathematical analysis.

• Strong analytical & technical skills to identify and track performance drivers, detect patterns in results.

• Strong project management skills with a proven commitment to quality and meeting deadlines while handling multiple priorities.

• Strong communication, interpersonal and influencing skills.

• Intellectually curious and driven to understand underlying factors impacting results.

• Ability to apply advanced financial concepts and capabilities across business processes.

• Familiarity with Supplemental Health or Employee Benefits product pricing would be an asset.

$135,000 - $202,500

At our company, we are committed to pay transparency and equity. The salary range for this role is competitive nationwide, and we strive to ensure that compensation is fair and equitable. Your actual base salary will be determined based on your unique skills, qualifications, experience, education, and geographic location. In addition to your base salary, this position is eligible for a discretionary annual incentive award based on your individual performance as well as the overall performance of the business. We are dedicated to creating a work environment where everyone is rewarded for their contributions.

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We are committed to fostering an inclusive environment where all employees feel they belong, are supported and empowered to thrive. We are dedicated to building teams with varied experiences, backgrounds, perspectives and ideas that benefit our colleagues, clients, and the communities where we operate. We encourage applications from qualified individuals from all backgrounds.

Life is brighter when you work at Sun Life

At Sun Life, we prioritize your well-being with comprehensive benefits, including generous vacation and sick time, market-leading paid family, parental and adoption leave, medical coverage, company paid life and AD&D insurance, disability programs and a partially paid sabbatical program. Plan for your future with our 401(k) employer match, stock purchase options and an employer-funded retirement account. Enjoy a flexible, inclusive and collaborative work environment that supports career growth. We're proud to be recognized in our communities as a top employer. Proudly Great Place to Work Certified in Canada and the U.S., we've also been recognized as a "Top 10" employer by the Boston Globe's "Top Places to Work" for two years in a row. Visit our website to learn more about our benefits and recognition within our communities.

We will make reasonable accommodations to the known physical or mental limitations of otherwise-qualified individuals with disabilities or special disabled veterans, unless the accommodation would impose an undue hardship on the operation of our business. Please email thebrightside@sunlife.comto request an accommodation.

For applicants residing in California, please read our employee California Privacy Policy and Notice.

We do not require or administer lie detector tests as a condition of employment or continued employment.

Sun Life will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including applicable fair chance ordinances.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.