Humana Arnold , MO 63010
Description The Actuary, Risk and Compliance is responsible for the overall management and oversight of actuaries and/or support staff where activities are concerned with identifying and managing risks.
Identifies and analyzes potential risks and estimates the potential financial consequences, develops and recommends controls and cost-effective approaches to minimize risks.
The Actuary, Risk and Compliance works on problems of diverse scope and complexity ranging from moderate to substantial.
Responsibilities The Actuary, Risk and Compliance assesses and communicates information regarding actuarial/business risks across the organization.
Provides peer review and counsel on a wide variety of company, industry, and regulatory practices.
Activities may include monitoring developments in actuarial techniques, and researching laws and regulations applicable to actuarial science and insurance operations.
Advises executives to develop functional strategies (often segment specific) on matters of significance.
Exercises independent judgment and decision making on complex issues regarding job duties and related tasks, and works under minimal supervision, Uses independent judgment requiring analysis of variable factors and determining the best course of action.
In this specific role, you will be part of a team tasked with assessment of risk, opportunities, and mitigation strategies to assure the compliant submission of bids to support Humana's pricing and product development of Medicare Advantage and Prescription Drug Plans that positively impact the financial performance of Humana.
Supporting Humanas MA-PD and PDP bid filings by ensuring appropriate interpretation and implementation of CMS guidance, and implementation and execution of review standards and controls to minimize compliance risk associated with the bid filing + Participate in CMS audits and reviews related to Humanas Medicare bids.
Create and maintain process improvements to bid filings to continually improve Humana's ability to file compliant bids.
Required Qualifications Typically requires a Bachelor's degree and 8+ years of technical experience, or equivalent and 2+ years of project leadership experience Associate, or Fellow, in the Society of Actuaries Member of the American Academy of Actuaries Preferred Qualifications Medicare Advantage experience Strong Communication Skills Ability to manage large projects involving actuarial and non-actuarial staff Additional Information Scheduled Weekly Hours 40 About Us Equal Opportunity Employer It is our policy to recruit, hire, train, and promote people without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity or expression, disability, or veteran status, except where age, sex, or physical status is a bona fide occupational qualification.
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