Actuarial Analyst II

Horizon Healthcare Services•Newark, NJ

19h

About The Position

This mid-level actuary analyst position resides within the Actuarial Department and focuses on Commercial Trend Forecasting. The role is responsible for supporting the evaluation of proposed benefit and cost-sharing changes, conducting pricing studies, assessing the impact of state and federal legislative changes, and contributing to various actuarial initiatives. The position applies actuarial principles, mathematical modeling techniques, and statistical analysis to evaluate risk and support sound business and pricing decisions.

Requirements

Bachelor's degree required, preferably in Actuarial Science, Mathematics, Statistics, Economics, Data Science, or a related quantitative field.
Minimum of two years of actuarial, statistical, healthcare analytics, or related experience required.
Advanced proficiency in Microsoft Excel required.
Strong analytical, mathematical, and statistical problem-solving skills.
Excellent verbal and written communication skills, with the ability to present complex information clearly and effectively.
Demonstrated critical thinking, sound judgment, and attention to detail.
Ability to work independently while managing multiple priorities in a deadline-driven environment.

Nice To Haves

Progress toward Associate of the Society of Actuaries (ASA) designation is highly preferred.
Health insurance, healthcare, or managed care experience is preferred.
ASA candidate a plus.
Experience with SAS, SQL, R, Python, or similar analytical/programming tools preferred.
Working knowledge of actuarial concepts, data analysis, and statistical methodologies preferred.

Responsibilities

Assist in the development of Commercial Trend Forecasting.
Evaluate proposed benefit and cost-sharing changes and assess their financial impact.
Conduct pricing analyses and studies for product lines of business.
Analyze the impact of proposed state and federal legislative and regulatory changes.
Support additional actuarial projects and initiatives as assigned.
Collaborate with internal stakeholders and incorporate feedback from cross-functional business partners.
Prepare reports and presentations that communicate findings, recommendations, and key insights to management.
Conduct experience studies and detailed analyses to identify cost drivers, utilization patterns, and emerging trends.
Complete ad hoc modeling, forecasting, and analytical projects as needed.