Head Actuary

Who we are:

TRANZACT is a leading direct-to-consumer insurance services business, specializing in the distribution of Medicare Advantage, Medicare Supplement and Life & Supplemental insurance policies. Our focus is on leveraging our highly skilled team of over 3,000 professionals to deliver innovative solutions for our insurance carrier partners and provide consumers with a best-in-class experience.

We work with some of America’s largest insurance brands to attract, educate and connect with consumers. Our diverse team of analysts, writers, engineers, designers, business leads, data scientists and sales professionals all work together to create thoughtful, data-driven and effective marketing, technology, sales and servicing strategies. These efforts have resulted in TRANZACT earning recognition and winning awards from some of the biggest names in the industry.

When you become part of TRANZACT, you join a team of passionate people who push for excellence, follow through on commitments, and love to succeed together. Our culture rests on a simple principle – “Be Real” – that means being genuine, keeping your word, and having the courage to make tough decisions. Our “Be Real” values resonate and are meaningful to us. We are entrepreneurial, fast paced and empower our people. We know how to make things happen and know that our people are always the source of our success.

We are currently seeking a highly motivated and skilled Head Actuary to join our Finance team.

How the Position Works

As the Head Actuary, you will lead the Actuarial Team and play a critical role in driving financial business objectives through the delivery of high-impact, data-driven insights. You will oversee a team of actuaries, ensuring the timely and effective execution of actuarial work while fostering collaboration with key business units such as Data Science, Finance, and Accounting.

Your work will span complex actuarial projects including financial modeling, data analysis, and visualization. You will be expected to translate quantitative results into strategic recommendations that support business growth and operational excellence. In this leadership role, a strong understanding of individual retiree healthcare insurance—particularly Medicare and ACA plans—is essential.

Success in this role requires a blend of deep technical expertise, strategic vision, and strong communication skills to engage with internal stakeholders, lead a high-performing team, and align actuarial strategies with overall business goals.

Key Responsibilities include:

Client-Focused Delivery

• Own delivery and accuracy of core actuarial results, including appraisals, persistency studies, and financial assumptions.
• Communicate complex actuarial analyses clearly and effectively to internal stakeholders and senior management
• Prepare, analyze, and present quantitative results to support business decisions.
• Build trust and credibility through expert insights and proactive recommendations.
• Ensure all work meets Actuarial Standards of Practice (ASOPs) and TRANZACT’s quality standards.
• Manage expectations and ensure smooth coordination with cross-functional teams, including Data Science, Finance, and Accounting.
• Support discussions with external colleagues, including clients, auditors, third-party actuarial firm, and Board of Directors.

Leadership & Team Management

• Lead, develop, and mentor the Actuarial Team; assign responsibilities to meet organizational objectives efficiently.
• Oversee the team’s deliverables to ensure high-quality, timely output aligned with business priorities.
• Define a vision and strategic roadmap for the Actuarial Team in alignment with company goals.

Technical Expertise & Innovation

• Act as a subject matter expert in pricing individual retiree healthcare insurance, especially Medicare and ACA plans.
• Monitor market trends and regulatory changes to identify new opportunities for actuarial innovation.
• Contribute to the creation and refinement of tools, models, and approaches that support evolving business needs.

Professional Development

• Promote a collaborative and inclusive team culture that encourages continuous learning and growth.
• Stay current with industry developments and enhance your technical skills in line with emerging trends.
• Provide training and development opportunities to junior team members.

Compensation and Benefits

Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that base salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation.

Compensation

The base salary compensation range being offered for this role is $120,000 + USD per year.

This role is also eligible to participate in the annual bonus program.

Company Benefits

TRANZACT provides a competitive benefit package which includes the following (eligibility requirements apply):

• Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)

• Leave Benefits: Paid Holidays, Annual Paid Time Off (includes state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave)

• Retirement Benefits: Savings Plan with annual nonelective company contribution.

What you need to be successful:

• 20+ years of experience in the industry
• Must have experience with retiree health care benefits and individual insurance
• Bachelor’s degree
• FSA, MAAA
• Experience successfully managing a team and multiple projects and producing quality deliverables on time
• Executive leadership presence with polished and well developed oral and written communication skills
• Excel, PowerBI, Tableau, Databricks, VBA, Dax software expertise a huge plus
• Ability to both lead and coordinate works across multiple teams
• Team-oriented and collaborative
• Strong interpersonal and team skills
• Well-developed verbal and written communication skills
• Strong analytical, creative thinking and problem-solving skills
• Enjoy training and mentoring junior staff

If you are a strategic thinker with strong actuarial expertise and a passion for leading high-impact teams in a dynamic environment, we’d love to hear from you!

TRANZACT is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Equal Opportunity Employer / Disability / Vet