Derek Ray Email & Phone Number

Texas, United States

Dallas-Fort Worth Metroplex

Dallas-Fort Worth Metroplex

Dallas-Fort Worth Metroplex

Austin, Texas

Dallas-Fort Worth Metroplex

• Served as lead actuary supporting Aetna National Accounts sales and retention
• Created intellectual capital designed as data-driven solutions to enable sales growth and foster strategic relationships with customers, prospects and consultant partners
• Routinely presented Aetna’s strategic perspectives to internal and external audiences on various topics, such as: Aetna's value proposition, benchmark analyses, geographic cost competitiveness and high-performance.

Dallas-Fort Worth Metroplex

• Served as primary day-to-day contact for several large clients, ensuring overall project management success for a suite of consulting services
• Selected as Towers Watson’s Dallas local market expert, the go-to resource regarding local health plan strategies, initiatives and solutions
• Advised clients on a variety of financial topics, including: annual budgets, plan designs, employee contributions, monthly reporting, reserves, federal taxes and retiree drug subsidies
• Assisted clients in developing and achieving employee benefit program goals as part of overall company strategies, including: vendor consolidation, merging, procurement, renewal negotiations and industry benchmarking
• Analyzed utilization data for appropriateness and recommended plan design modifications with cost impact
• Actively recruited actuarial students and interns

Dallas-Fort Worth Metroplex

• Served as lead actuary for several of the largest BCBSTX accounts, strategically advising clients on historical and future cost and utilization trends, industry benefit designs and custom solutions
• Created several innovative market-facing exhibits, including a plan richness histogram and a recommendation chart for targeted medical conditions
• Assisted clients in general decision-making on network steerage, cost transparency, onsite nurse effectiveness and legal requirements
• Led collaboration with external Blues plans on mutually beneficial projects, one of which was selected as a case study at the Blues National Summit
• Responsible for all BCBSTX financial modeling of internal private exchange products for interested groups of any size

Bcbstx Richardson Chapter

• Presided at weekly meetings, led fellow officers and motivated members to achieve personal and club goals. I was responsible for all aspects of the club success plan - achievements included:
• Attaining 10 out of 10 club goals, resulting in President's Distinguished Club status
• Serving as chair of the Fall 2013 club speech contest
• Increasing club membership, with over 25 new members in the club year
• Ensuring all finances were handled in a timely manner
• Conducting new officer elections for the upcoming year

Bcbstx Richardson Chapter

• Elected to officer position within 4 months of joining the club. Oversaw all club financial transactions, including:
• Collecting and submitting members' semi-annual dues to Toastmasters International and corporate liaisons
• Preparing the club's annual budget
• Filing necessary fiscal year-end tax form
• Collaborating with other officers to improve the success of the club

North Richland Hills, TX

• Produced and presented to executive management monthly and annual reserve liabilities for several lines of business, including Medicare Advantage, small group, and individual policy blocks.
• Led reporting and communication to outside reinsurance vendors for state high-risk pools and Medicare Advantage plans.
• Analyzed and responded to external claims audit requests as part of quarterly SEC requirements, delegating to other staff as necessary.
• Collaborated with several internal departments to confirm accuracy of payouts and identify potential high-risk members
• Peer-reviewed outgoing reports to state DOIs as part of ad hoc requests.

Austin, Texas

• Created individual retirement benefit packages for defined benefit and defined contribution plans.
• Transferred contribution information for DC plans into database
• Reviewed interns' work for accuracy
• Assisted practice leaders in urgent assignments

Austin, Texas

• Created individual retirement benefit packages for defined benefit and defined contribution plans.
• Transferred contribution information for DC plans into database