Actuarial Analyst I

Role Description

The Actuarial Analyst I supports the analysis and data needs for a broad range of financial and actuarial functions. This support will include:

• Rate reviews
• Financial planning and projections
• Trend analysis
• Product development
• Provider reimbursement analysis
• Fee schedule development
• Provider risk analysis
• Medical cost containment analysis

This role will work closely with a variety of departments including underwriting, sales, contracting, and medical management. Familiarity with the health insurance industry as well as experience in relational databases, data warehouses, Excel, and statistical modeling, as well as strong interpersonal skills, are required. The position is eligible to participate in the Actuarial Student Program, including job rotations every 18-36 months and comprehensive support of the pursuit of Fellowship in the Society of Actuaries.

Qualifications

• College degree required
• Completion of 1-3 actuarial exams
• 1 – 3 years’ demonstrated experience in analytic work
• Experience in the use of personal computers, relational databases, statistical packages, spreadsheet and/or database applications
• Well-developed verbal and written skills
• Able to operate in a matrix environment
• Able to follow Actuarial department standards and processes
• Receives regular management oversight of all tasks, projects, and processes
• Applies own judgment to limited analytical/technical issues
• Must be able to work cooperatively as a team member

Requirements

• Must be able to work under normal office conditions and work from home as required
• Work may require simultaneous use of a telephone/headset and PC/keyboard and sitting for extended durations
• May be required to work additional hours beyond standard work schedule

Benefits

• Medical, dental, and vision coverage
• Retirement plans
• Paid time off
• Employer-paid life and disability insurance with additional buy-up coverage options
• Tuition program
• Well-being benefits
• Full suite of benefits to support career development, individual & family health, and financial health

Salary Range

$64,193.72 - $96,290.58