Actuarial Associate (ASA) - Pharmacy (Remote)

CareFirst•Baltimore, MD

1d•Remote

About The Position

This position oversees and directs the work of analysts in a supervisory capacity. This position is responsible for implementing departmental strategy and policies in order to meet team goals, as well as making recommendations to Actuarial management where appropriate. The Supervisor sets objectives, writes and deliveries performance feedback and appraisals, promotions, salary increases, hiring and disciplinary communications. Responsible for coordinating the development and extensive analytical review of various actuarial analyses such as IBNR, trend, rating actions, and valuation work in support of departmental objectives. This includes supporting the junior team members, working with other areas within the Company, producing presentations for senior management and communicating status of deliverables to the department management. Oversee calculations, serve as Subject Matter Expert (SME), direct the workflow and ensure that sound actuarial and financial methods are used by Analysts.

Requirements

Bachelor's Degree in Actuarial Science, Finance, Mathematics or related field OR in lieu of a Bachelor's degree, an additional 4 years of relevant work experience is required in addition to the required work experience.
Associate of the Society of Actuaries (ASA).
3 years health actuarial experience with demonstrated leadership.
Ability to organize to task completion, plan and prioritize work.
Must demonstrate flexibility, innovation and problem-solving skills and resourcefulness.
Ability to express technical and financial analysis in a clear, concise manner on both written and oral form.
Must possess negotiating and consulting skills.
Possesses highly developed analytical skills and excellent interpersonal and communication skills, both written and oral.
Effectively convey actuarial and/or underwriting issues to a diverse audience.
Must be able to meet established deadlines and handle multiple customer service demands from internal and external customers, within set expectations for service excellence.
Must be able to effectively communicate and provide positive customer service to every internal and external customer, including customers who may be demanding or otherwise challenging.
Must be eligible to work in the U.S. without Sponsorship.

Responsibilities

Coordinating the activities of analysts ensuring accurate and timely release of requested analyses and reports.
Providing training, development, documenting performance issues, if needed, and monitoring and enforcing adherence to Company policies.
Coordinating the development and extensive analytical review of various actuarial analyses such as IBNR, trend, rating actions, and valuation work in support of departmental objectives.
Supporting junior team members, working with other areas within the Company, producing presentations for senior management and communicating status of deliverables to the department management.
Overseeing calculations, serving as Subject Matter Expert (SME), directing the workflow and ensuring that sound actuarial and financial methods are used by Analysts.