Actuary-Healthcare Risk & Insurance Strategy
CHS Corporate, Franklin, TN, United States
Position Summary
The Consulting Actuary – Healthcare Risk & Insurance Strategy partners with executive leadership, Risk Management, Finance, and Legal to provide actuarial analysis and strategic advice related to professional liability, general liability, workers’ compensation, property, cyber, and other enterprise risks. This role supports insurance program design, captive and self-insured structures, reserve adequacy, reinsurance strategy, and loss forecasting for a complex hospital and healthcare delivery organization.
The Consulting Actuary plays a critical role in translating historical loss experience and emerging risk trends into actionable financial, insurance, and enterprise risk decisions.
Key Responsibilities Actuarial Analysis & Reserving
Perform actuarial analyses for medical professional liability, general liability, workers’ compensation, and other self-insured or partially insured programs
Estimate ultimate losses, IBNR, and loss development factors using accepted actuarial methods
Support annual and quarterly reserve reviews in coordination with Finance and external actuaries and auditors
Insurance & Captive Strategy
Advise on insurance program structure, retentions, limits, deductibles, and reinsurance placement
Support captive insurance company analysis, funding strategies, and long‑term sustainability
Evaluate alternative risk transfer mechanisms and emerging risk financing approaches
Enterprise Risk & Forecasting
Model the financial impact of catastrophic events, systemic losses, and tail‑risk scenarios
Support stress testing and scenario modeling for enterprise risk and business continuity planning
Partner with Risk Management and Enterprise Resilience leadership on loss trend interpretation tied to operational risks (e.g., EHR outages, clinical events, natural disasters)
Stakeholder & Governance Support
Prepare actuarial reports and executive‑level summaries for senior leadership and the Board
Support insurance renewals, underwriting submissions, and broker strategy discussions
Serve as an expert resource for Legal, Compliance, and Claims leadership on loss trends and exposure analysis
Qualifications Required
Fellow or Associate of the Casualty Actuarial Society (FCAS or ACAS)
5+ years of actuarial experience, with significant healthcare exposure
Deep experience with medical malpractice and healthcare liability programs
Strong analytical, modeling, and communication skills
Preferred
Experience supporting large hospital systems, physician enterprises, or managed care organizations
Captive insurance or self‑insurance program experience
Familiarity with enterprise risk management and business continuity concepts
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The Consulting Actuary plays a critical role in translating historical loss experience and emerging risk trends into actionable financial, insurance, and enterprise risk decisions.
Key Responsibilities Actuarial Analysis & Reserving
Perform actuarial analyses for medical professional liability, general liability, workers’ compensation, and other self-insured or partially insured programs
Estimate ultimate losses, IBNR, and loss development factors using accepted actuarial methods
Support annual and quarterly reserve reviews in coordination with Finance and external actuaries and auditors
Insurance & Captive Strategy
Advise on insurance program structure, retentions, limits, deductibles, and reinsurance placement
Support captive insurance company analysis, funding strategies, and long‑term sustainability
Evaluate alternative risk transfer mechanisms and emerging risk financing approaches
Enterprise Risk & Forecasting
Model the financial impact of catastrophic events, systemic losses, and tail‑risk scenarios
Support stress testing and scenario modeling for enterprise risk and business continuity planning
Partner with Risk Management and Enterprise Resilience leadership on loss trend interpretation tied to operational risks (e.g., EHR outages, clinical events, natural disasters)
Stakeholder & Governance Support
Prepare actuarial reports and executive‑level summaries for senior leadership and the Board
Support insurance renewals, underwriting submissions, and broker strategy discussions
Serve as an expert resource for Legal, Compliance, and Claims leadership on loss trends and exposure analysis
Qualifications Required
Fellow or Associate of the Casualty Actuarial Society (FCAS or ACAS)
5+ years of actuarial experience, with significant healthcare exposure
Deep experience with medical malpractice and healthcare liability programs
Strong analytical, modeling, and communication skills
Preferred
Experience supporting large hospital systems, physician enterprises, or managed care organizations
Captive insurance or self‑insurance program experience
Familiarity with enterprise risk management and business continuity concepts
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