Actuarial Analyst I

CareSource • Dayton, OH

2d • $62,700 - $100,400 • Onsite

About The Position

The Actuarial Analyst I is responsible for providing timely, accurate, and actionable data and analysis supporting the department, area, and corporate key initiatives. This role involves developing recommendations, calculating profitability reports, and performing various analyses to identify opportunities for improvement in efficiency, affordability, and overall MLR results. The analyst will also prepare monthly IBNR reserve calculations, evaluate government reimbursement processes, and participate in cross-functional teams and initiatives to improve operating results.

Requirements

• Bachelor's degree in actuarial science, mathematics, economics or a related field is required
• Intermediate interpersonal/verbal communication skills and a high level of professionalism
• Intermediate written communication skills
• Intermediate ability to work independently and within a team environment
• Intermediate ability to work in fast paced environment with changing priorities
• Intermediate ability to remain calm under pressure
• Intermediate proficiency level with Microsoft Excel
• Intermediate proficiency with Microsoft Suite to include, Word, Power Point and Outlook
• Basic ability to effectively present information and respond to questions from peers and management
• Basic ability to analyze and interpret financial data in order to coordinate the preparation of financial records
• Basic knowledge of SQL, SAS, R, or other data manipulation software
• Effective problem-solving skills with attention to detail
• Effective listening and critical thinking skills
• A minimum of one exam passed under the Society of Actuaries Exam Syllabus is required; exam SRM via transition credit does not meet this requirement
• Active pursuit of an actuarial designation (ASA) is required

Nice To Haves

• Strong database (SAS or Access) experience is preferred
• Managed Care or healthcare experience is preferred

Responsibilities

• Develops actionable recommendations to management relative to all analysis
• Calculates profitability reports on appropriate business segments
• Performs regular and ad-hoc analysis to identify opportunities to improve efficiency and affordability
• Performs regular and ad-hoc analysis/studies to evaluate assumptions used in other processes
• Participates in cross functional teams to address key issues facing the organization
• Prepares monthly calculation of the company's IBNR reserves
• Evaluates government reimbursement process to determine areas of risk and opportunity
• Participates in initiatives to improve operating results
• Initiates key analysis to improve overall MLR results
• Performs other duties as assigned

Benefits

• In addition to base compensation, you may qualify for a bonus tied to company and individual performance.
• We are highly invested in every employee’s total well-being and offer a substantial and comprehensive total rewards package.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level