Actuarial Analyst II

Point32Health • Canton, MA

1d • Hybrid

About The Position

Conduct analysis and data development 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, and medical cost containment analysis. This role will work closely with a variety of departments including underwriting, sales, contracting, and medical management. An understanding of the health insurance industry as well as proficiency 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.

Requirements

• College degree required.
• Completion of 2-4 actuarial exams
• 2 - 4 years of responsible healthcare actuarial / analytic experience
• 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 implement 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.
• Demonstrated experience in analytic work
• Proficiency in the use of personal computers, relational databases, statistical packages, spreadsheet and/or database applications
• Well-developed verbal and written skills
• Ability to facilitate planning and review sessions
• Developing presentation skills, presents mostly within department and to project teams
• Receives regular management oversight of selected tasks, projects, and processes
• Increasingly applies own judgment to analytical/technical issues
• Must be able to work cooperatively as a team member.
• Regular interface with various levels of staff and management is required as well.

Nice To Haves

• Eligible to participate in the Actuarial Student Program
• Job rotations every 18-36 months
• Comprehensive support of the pursuit of Fellowship in the Society of Actuaries

Responsibilities

• Performs analytic project work assigned by manager with minimal supervision
• Develops analytic project plan to meet defined objectives
• Uses Healthplan data systems and query tools to complete work projects, developing new code and tools to meet objectives
• Develops criteria to validate results in light of prior expectations; investigate unusual results and offers explanations
• Examines and interprets results in the context of the specific business questions being addressed
• Identifies new questions and/or unforeseen data complexities arising from results and takes steps to address them
• Packages results to demonstrate how the analysis meets project objectives
• Other projects and duties as assigned.

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

What This Job Offers

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