Associate Actuary

Highmark Health•Carolina, PA

1d•Onsite

About The Position

This is a senior-level actuarial analyst position participating in Highmark’s Actuarial Executive Development Program. The Associate Actuary is expected to make continued progress toward an actuarial credential. The role uses actuarial experience and industry knowledge to define and diagnose problems, identify data requirements, develop potential solutions, and review results for reasonableness and consistency. It leads actuarial studies, analyses, and presentation materials that inform decision makers and supports management recommendations across actuarial teams. The work applies actuarial techniques and statistical analysis to functions that may include insurance premium and pricing development, claim trend analysis, experience studies, medical economics, profitability analysis, wellness studies, predictive modeling, provider efficiency, provider contracting analysis, and claim reserving. The position also develops efficient processes, provides technical decision support, and guides and mentors less experienced staff. It independently manages multiple projects and collaborates with stakeholders while adapting to changing priorities. The position is office-based. Travel is listed as 0%–25%. The salary range is $86,400–$138,600, with base pay depending on qualifications, experience, expected contributions, internal peer equity, market, and business considerations. The role requires compliance with applicable laws and company policies, including HIPAA, privacy, information security, and the Code of Business Conduct.

Requirements

Bachelor’s degree or equivalent in Actuarial Science, Mathematics, Statistics, or a closely related discipline.
At least 3 years of experience in an actuarial role.
6 exam components.
In-depth knowledge of actuarial principles, concepts, practices, and processes within multiple fields or disciplines.
Significant expertise to complete complex assignments and visualize, articulate, and solve complex problems while leading others on straightforward assignments.
Analytical skills.
Oral and written communication skills.
Problem-solving skills.
Ability to independently prioritize, manage multiple projects, and work effectively in a dynamic, changing environment.
Ability to explain technical work to technical and non-technical audiences and guide and mentor less experienced staff.

Nice To Haves

Master’s degree or equivalent in Actuarial Science, Mathematics, Statistics, or a closely related discipline.
10 or more exam components.

Responsibilities

Define and diagnose problems, outline data requirements for studies or analyses, and devise potential solutions.
Review results for appropriateness in light of experience and industry knowledge; consider alternate explanations before drawing conclusions.
Create actuarial studies, analyses, and presentation materials to inform decision makers.
Make appropriate recommendations to management across actuarial teams.
Ensure the internal and external consistency of work and use industry knowledge to perform reasonability checks.
Identify methods to test suspect results and proactively identify outliers and anomalies in others’ work.
Use internal and external knowledge forums to gain broader industry perspective and provide technical input as a subject matter expert.
Develop efficient processes and propose or implement process changes that improve outcomes and conform to corporate goals, objectives, and values.
Independently manage time and resources across multiple projects, prioritize shifting work, complete recurring projects with minimal oversight, and keep the manager informed.
Interact with stakeholders to foster cooperation and teamwork, provide responsive service, and understand customer needs.
Explain technical work to technical and non-technical audiences and provide decision support to team members.
Guide and mentor less experienced staff regularly.
Seek feedback, accept direction and criticism, and adjust behavior to improve performance and advance development goals.
Take on additional work as needed and perform other duties as assigned or requested.