Actuarial Analyst
Delta Dental of Michigan
Actuarial Analyst
Number of Positions: 1
Location: Okemos, MI
Location Specifics: Hybrid Position
Job Summary: At Delta Dental of Michigan, Ohio, and Indiana we work to improve oral health through benefit plans, advocacy and community support, and we amplify this mission by investing in initiatives that build healthy, smart, vibrant communities. We are one of the largest dental plan administrators in the country, and are part of the Delta Dental Plans Association, which operates two of the largest dental networks in the nation.
At Delta Dental, we celebrate our All In culture. It's a mindset, feeling and attitude we wrap around all that we do – from taking charge of our careers, to helping colleagues and lending a hand in the community.
Position Description: Performs actuarial and statistical functions for product development and rating, external business, fee tables and schedules.
Primary Job Responsibilities:
- Designs, implements and maintains various levels of application programs to ensure efficient, accurate, and timely collection and manipulation of data in support of actuarial services.
- Compiles, develops, analyzes, and maintains data for forecasting, rate development, fee development and analysis, insurance bureau filing and budgeting.
- Provides actuarial support to new product development. Assists underwriting with rating of non-standard benefits design.
- Provides information to internal and external customers regarding claims liabilities and receivables, number of subscribers, group experience, and fee analysis. Executes and monitors periodic special reports and analyses to internal and external customers.
- Assists sales and group administration in responding to major bids and proposals.
- Provides actuarial and underwriting assistance to other Delta Dental Plans, the Delta Dental Plan Association and Renaissance, including total business rating analysis, development of manual rating formula, and requested rating factor calculations.
Perform other related assigned duties as necessary to complete the Primary Job Responsibilities as described above.
Minimum Requirements: Position requires a bachelor's degree in actuarial science, mathematics, statistics or a related field and six months of experience analyzing and reporting data, preferably including some programming. Will accept any suitable combination of education, training, or experience.
Position requires intermediate knowledge of word processing and spreadsheet applications; strong verbal and written communication skills; strong analytical skills; the ability to work independently and as part of a team; and the ability to solve problems using independent judgment.
The company will provide equal employment and advancement opportunity within the context of its unique business environment without regard to race, color, religion, gender, gender identity, gender expression, age, national origin, familial status, citizenship, genetic information, disability, sex, sexual orientation, marital status, pregnancy, height, weight, military status, or any other status protected under federal, state, or local law or ordinance.
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