Actuarial Analyst

Summary:

• Identify opportunities to reduce medical expenses and collaborate with other areas to implement and monitor performance.

• Develop studies, analyses, and presentation materials needed to appropriately inform decision makers.

• Complete pricing analysis, experience analysis and studies, financial projections, and other actuarial/financial calculations.

• Run, modify, and create data queries to produce analysis and reports.

Responsibilities:

• Perform actuarial tasks which are of a mathematical and quantitative nature.

• Support analysis of hospital, professional, and drug claim/utilization trends, membership/demographics, and various other ad-hoc analyses.

• Maintain appropriate controls around models and other work products.

• Ensure quality and on time completion of deliverables.

• Assist with rate filings or valuation calculations.

• Support preparation of forecasts and monitoring of results or trends.

• Support development of efficient and transparent queries to obtain data that is appropriate to the purpose.

• Ensure internal and external consistency of all work.

• Perform reasonability checks dependent on industry knowledge and experience.

• Develop and implement analyses for special projects.

• Provide technical and analytical support for the actuarial department.

• Proactively take on additional work as needed by the team.

• Perform duties and assignments as directed or required.

Requirements:

• Bachelor's degree in Actuarial Science, Mathematics, other physical science, or related finance/business degree required

• 3 - 5+ years relevant, professional work experience and/or education required

• Must make sufficient progress toward obtaining actuarial credentials, defined as sitting for a minimum of one exam per year, scoring above a zero, and obtaining at least a combined score of 5 over two consecutive sittings required; when unable to meet the progress outlined in the bullet above, the role will be transitioned to a non-Actuarial job title and job description.

• Actuarial/analytical experience, preferably in a healthcare environment preferred

• Strong mathematical and analytical skills required

• Strong communication skills (verbal, written, presentation) required

• Strong working knowledge of MS Office (Outlook, Word, Excel, PowerPoint, etc.) required

• Working knowledge of SQL, R, Python or similar required

• Capable with Excel, data extraction, simulations, automation required

Additional Information

• Requisition ID: 1000001811
• Hiring Range: $52,000-$92,000