Actuarial Business Analyst III
About The Position
The Actuarial Business Analyst III is responsible for completing very diverse and complicated projects and performs very complex actuarial studies. This role is a relatively technical position in Cost of Care analysis, acting as expert in a business or functional area, as well as being involved in coding, maintaining, and updating UM Impact models. Types of analyses include performing sophisticated retrospective data analytics; building or validating new and modifying existing complex models; performing healthcare cost analysis to value strategies to control costs. Provides expert advice, analytic and consultative support, working on complex enterprise-wide initiatives as project lead or co-lead.
Requirements
- Requires a BA/BS in Mathematics, Statistics or related field and a minimum of 5 years related experience in an actuarial environment performing financial reporting, rate development, evaluation of risk contingencies and trend projections; or any combination of education and experience, which would provide an equivalent background.
Nice To Haves
- Experience specific to group insurance or health insurance environments or graduate level related education may also be used to offset some years of experience.
- Intermediate to Advanced expertise with software such as SAS Stat, SAS ETS, SAS Enterprise Miner or equivalents(Python, R, etc) strongly preferred.
- Experience with Teradata, SQL, SQL Server, or equivalent strongly preferred.
- The ability to present meaningful results to a business audience, to participate collaboratively in a team tasked to produce complex analyses on a rigorous schedule, to communicate with strong written and verbal communications skills strongly preferred.
Responsibilities
- Analyzes and implements risk contracts including conducting experience analyses, pricing, filing and settlement work; and prepares management reports supporting new capitation initiatives.
- Assists in training of actuarial trainees, analysts and specialists.
- Coordinates/directs special actuarial projects.
Benefits
- merit increases
- paid holidays
- Paid Time Off
- incentive bonus programs
- medical
- dental
- vision
- short and long term disability benefits
- 401(k) +match
- stock purchase plan
- life insurance
- wellness programs
- financial education resources
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
