Director - Healthcare Underwriting (Strategic Partner Pricing)

Requisition ID:856699

Position:Full-Time

Total Rewards:Benefits/Incentive Information

There's more to EyeMed than meets the eye. EyeMed is the fastest growing managed vision benefits company in the country with consistent double-digit membership growth! Through our commitment to innovation, we're reimagining the way employers and their employees think about vision care. We want them to see life to the fullest and experience more of what's best, not more of the same. And if what's best hasn't been done yet, it's our exceptional and passionate employees driving this change. But, our passion for vision isn't just about vision insurance benefits. Our employees are proud to support and participate in life-altering global and local missions through our partnership with OneSight, a leading not-for-profit organization with a 100% focus on eradicating the world's vision crisis.

Your family says a lot about who you are. EyeMed is a key member of the Luxottica family of companies, global leaders in the design, manufacture and distribution of fashion, luxury and sports eyewear. In North America, Luxottica is the home to global brands Ray-Ban, Oakley and many top fashion house brands. Our leading retail brands include LensCrafters, Sunglass Hut, Pearle Vision, and Target Optical.

If you're passionate about driving innovation and change and interested in a career in the optical and insurance industry, EyeMed wants to start the conversation and help provide you a growth-focused opportunity with America's fastest growing vision benefits company.

GENERAL FUNCTION

The Director- Strategic Partner Pricing is responsible for managing and monitoring financial risks within EyeMed. This role will act as the primary financial contact for areas including policy guidance, risk assessment, design framework, and long-term profitability. This role will lead the development and implementation of the appropriate pricing framework, align strategies to organizational objectives. The role is a strategic advisor to the business, tasked with bringing financial discipline to the organization while supporting membership growth and profitability targets. This role serves as liaison with contracted vendors' and clients' Underwriting and Actuarial departments

MAJOR DUTIES AND RESPONSIBILITIES

• Provide design and oversight of complex actuarial specifically related to analyzing and implementing changes that impact pricing and risk assumptions of vision care products
• Ascertain premium rates required, cash reserves and liabilities necessary to ensure payment of future benefits.
• Oversee the development of actuarial pricing models and assumptions.
• Collaborate with underwriters, sales & account leaders, claims experts, and senior management to help develop plans for new lines of business or improving existing business.
• Determine the impact of various actions on premiums, operations and new product development
• Support the determination of EyeMed policy, and explain complex technical matters to senior leaders, government officials, shareholders, policyholders, and/or the public.
• Provide direction for the development of competitive analysis
• Analyze forecasts and trends that could affect pricing strategies, product development, reserves requirements.
• Identify and resolve technical, operational and organizational problems

BASIC QUALIFICATIONS

• BS/BA, BBA in Economics, Finance, statistics, or related field, or equivalent work experience
• 10+ years' experience in insurance, financial services, or data analytics role
• Analytical skills, including statistics experience/training
• Attention to detail
• Good judgment in financial decision making
• Negotiation and interpersonal skills
• Problem-solving ability
• Verbal and written communication skills

PREFERRED QUALIFICATIONS

• ASA (Associate of the Society of Actuaries) or FSA (Fellow of the Society of Actuaries) associate actuary designation
• Pursues Continuing Education for the Actuary profession
• Extensive experience in the insurance industry
• Experience in negotiating deals/contracts
• Understanding of predictive models
• Deep understanding of economics and of the legislation relating to insurance or financial services
• High level of computer literacy, as specialized software is used

Employee pay is determined by multiple factors, including geography, experience, qualifications, skills and local minimum wage requirements. In addition, you may also be offered a competitive bonus and/or commission plan, which complements a first-class total rewards package. Benefits may include health care, retirement savings, paid time off/vacation, and various employee discounts.

Upon request and consistent with applicable laws, EssilorLuxottica will provide reasonable accommodations to individuals with disabilities who need assistance in the application and hiring process. To request a reasonable accommodation, please call the EssilorLuxottica SpeakUp Hotline at 844-303-0229 (be sure to provide your name and contact information so that we may follow up in a timely manner) or email HRCompliance@luxotticaretail.com.

We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, gender, national origin, social origin, social condition, being perceived as a victim of domestic violence, sexual aggression or stalking, religion, age, disability, sexual orientation, gender identity or expression, citizenship, ancestry, veteran or military status, marital status, pregnancy (including unlawful discrimination on the basis of a legally protected pregnancy or maternity leave), genetic information or any other characteristics protected by law. Native Americans in the US receive preference in accordance with Tribal Law.