Associate Actuary

Highmark Health•Washington, NV

13d•$86,400 - $138,600•Onsite

About The Position

This is a senior-level actuarial analyst position that participates in Highmark’s Actuarial Executive Development Program. The employee is expected to make continued progress toward an actuarial credential and uses experience and industry knowledge to diagnose problems, define data needs, and develop potential solutions. The role initiates and leads actuarial studies, analyses, and presentation materials to inform decision makers and make recommendations to management. It also guides and mentors less experienced staff and provides decision support to team members. The Associate Actuary develops efficient processes and applies actuarial techniques and statistical analysis across areas 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 works with stakeholders across teams, explains technical work to technical and non-technical audiences, and independently manages priorities across multiple projects. This is an office-based position. Travel is listed as 0%–25%.

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 across multiple fields or disciplines.
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.

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, devise potential solutions, and assess results using experience and industry knowledge.
Create actuarial studies, analyses, and presentation materials to inform decision makers, and make recommendations to management across actuarial teams.
Ensure the internal and external consistency of work, perform reasonability checks, meet customer expectations, and identify ways to test suspect results.
Use internal and external knowledge forums to gain broader industry perspective; provide subject matter expertise and technical input; identify outliers and anomalies in others’ work.
Understand the goals and objectives of the position, team, and internal customers; develop new processes and propose improvements to existing processes.
Independently manage time and resources across multiple projects, prioritize shifting tasks, carry out recurring projects with minimal assistance, and keep the manager informed.
Interact with stakeholders to foster cooperation and teamwork, provide responsive service, understand customer needs, explain technical work to technical and non-technical audiences, and provide decision support.
Guide and mentor less experienced staff, seek and respond to feedback, and take on additional work as needed by the team.
Perform other duties as assigned or requested.
Comply with the company’s Code of Business Conduct, applicable laws and policies, HIPAA privacy requirements, and information security guidelines.