Lance Christenson, Fsa, Maaa Email & Phone Number

Madison, WI, US

Madison, Wisconsin

• Director of fully insured large group health insurance pricing. Responsibilities included all renewal and new business pricing functions including mental health parity and Medicare creditable coverage compliance. Prior.
• Integrated the actuarial pricing function for the $2B block of fully insured large group business post-acquisition without additional staff.
• Improved the operating income for Medica's $1B block of business from losses to the corporate target; as a percent of premium, a 3.5% improvement.
• Drove key integration successes of a streamlined quarterly actuarial pricing cycle and a monthly metrics-monitoring and reporting system.
• Built close partnerships on product team of general manager (responsible for fully insured large group P&L) and directors of product development, finance, underwriting and pharmacy.
• Challenged and enabled my actuarial staff to lead projects and interface with management, resulting in a thriving collaborative team.

Milwaukee, Wisconsin

• Hired as actuary and project lead to mitigate $6M per year in losses on the small group conversion block. Transferred to pricing role for the main small group product line. Promoted to lead and transition the small.
• Navigated small group conversion rate filing barriers in over twenty states; results exceeded management expectations by reducing block losses from $6M to under $1M per year.
• Partnered with actuarial peers to develop innovative risk predictor, on-level, PPO pricing and Anchor Pricing systems.
• Worked extensively with product line and sales management to optimize our value proposition.
• Collaborated with the legal area to ensure compliance with regulations, rate filings and small group certifications.
• Mainstreamed pricing and operations that led to profitable growth of $50M of premium equivalent in two years.

Milwaukee, Wisconsin

• Performed actuarial pricing and reserving services for smaller insurance companies and state insurance departments.
• Completed Medicare Advantage rate filings, researched state insurance regulations and reviewed small group certifications.

Madison, Wisconsin

• Directed pricing, forecasting and competitive analysis for small group, individual & Medicare supplement products.
• Met with independent sales agents to gather feedback and strengthen agency relationships.
• Promoted to supervisor role of actuarial students and interns.