Actuarial Analyst - Health Plan
$70k - $80kSCAN
Actuarial Analyst
Founded in 1977 as the Senior Care Action Network, SCAN began with a simple but radical idea: that older adults deserve to stay healthy and independent. That belief was championed by a group of community activists we still honor today as the "12 Angry Seniors." Their mission continues to guide everything we do.
Today, SCAN is a nonprofit health organization serving more than 500,000 people across Arizona, California, Nevada, New Mexico, Texas, and Washington, with over $8 billion in annual revenue. With nearly five decades of experience, we have built a distinctive, values-driven platform dedicated to improving care for older adults.
Our work spans Medicare Advantage, fully integrated care models, primary care, care for the most medically and socially complex populations, and next-generation care delivery models. Across all of this, we are united by a shared commitment: combining compassion with discipline, innovation with stewardship, and growth with integrity.
At SCAN, we believe scale should strengthennot diluteour mission. We are building the future of care for older adults, grounded in purpose, accountability, and respect for the people and communities we serve.
The Job
The Actuarial Analyst contributes to the success of the Actuarial team by preparing and analyzing data for Part D bids, maintaining models, performing financial projections and monthly pharmacy cost reports, and supporting contract modeling.
You Will
- Prepare and analyze data for Part D and develop comparisons between actual versus forecast.
- Support ad-hoc analytics such as provider contracting, product development, and other customized projects to suit business needs.
- Utilize the Data Warehouse efficiently to develop reports and extract data fields.
- Analyze historical data trends in order to establish reasonable assumptions
- Assist the actuarial team with the development of Medicare Advantage bid pricings by keeping track of various input parameters and testing benefit scenarios
- Assist the financial budget and forecasts of pharmacy costs and the ongoing monitoring of actual results
- Proactively identify opportunities to streamline workflows, enhance model efficiency, and improve automation of existing processes.
- Bring intellectual curiosity and a continuous improvement mindset to all assigned work, challenging the status quo where appropriate
- We seek Rebels who are curious about AI and its power to transform how we operate and serve our members.
- Actively support the achievement of SCAN's Vision and Goals.
- Other duties as assigned.
Your Qualifications
- Bachelor's degree in Actuarial Science, Mathematics, or Statistics or any other major with significant quantitative course work required.
- 2-4 years of actuarial experience with healthcare, health plan, or managed care focus, or comparable actuarial consulting experiences.
- Experience with Medicare, Medicaid, Part D, commercial health insurance, or network contracting for a health plan is highly preferred.
- Performs work under general supervision.
- Handles moderately complex issues and problems, and refers more complex issues to higher-level staff.
- Possesses solid working knowledge of subject matter.
- Technical expertise - Strong analytical skills. Microsoft Office Suite (Word, Excel including formulas, V-Lookups, and pivot tables, PowerPoint, Access, Outlook, Teams), and SQL at advance level is required.
- Problem Solving - Basic problem solving skills and strong mathematics skills.
- Communication - Good written and verbal communication and interpersonal skills.
What's in it for you?
- Base salary range: $70,000 to $80,000 per year
- Work Mode: Partially Remote
- An annual employee bonus program
- Robust Wellness Program
- Generous paid-time-off (PTO)
- Eleven paid holidays per year, plus 1 floating holiday, plus 1 birthday holiday
- Excellent 401(k) Retirement Saving Plan with employer match and contribution
- Robust employee recognition program
- Tuition reimbursement
- An opportunity to become part of a team that makes a difference to our members and our community every day!
We're always looking for talented people to join our team! Qualified applicants are encouraged to apply now!
At SCAN we believe that it is our business to improve the state of our world. Each of us has a responsibility to drive Equality in our communities and workplaces. We are committed to creating a workforce that reflects our community through inclusive programs and initiatives such as equal pay, employee resource groups, inclusive benefits, and more.
SCAN is proud to be an Equal Employment Opportunity and Affirmative Action workplace. Individuals seeking employment will receive consideration for employment without regard to race, color, national origin, religion, age, sex (including pregnancy, childbirth or related medical conditions), sexual orientation, gender perception or identity, age, marital status, disability, protected veteran status or any other status protected by law. A background check is required.
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