Associate Actuary - Medicare Forecasting
About The Position
Conduct actuarial analysis, pricing, and risk assessment to evaluate and project Medicare Advantage financial performance. As part of the Medicare Actuarial Forecast & Financial Performance Team, the role supports quarterly forecasting, Medicare bid target setting, and business decisions that shape Medicare benefit offerings and financial performance. The role calls for an ASA with strong actuarial analytics experience who can analyze complex information, identify trends and financial drivers, and develop insights and recommendations for complex business problems. Medicare Advantage experience is a strong plus, particularly in financial forecasting, financial performance analysis, cost trend analysis, and Medicare bid development or support. The position is fully remote within the Continental U.S.
Requirements
- Bachelor’s degree in a related field or equivalent experience.
- At least 2 years of actuarial experience.
- Associate of the Society of Actuaries (ASA) designation or equivalent international certification.
- Advanced Excel skills.
- Basic SQL/query knowledge.
Nice To Haves
- Three or more years of experience with a strong focus on analytics.
- Medicare Advantage experience, particularly in financial forecasting, financial performance analysis, cost trend analysis, and Medicare bid development or support.
- MAAA designation or eligibility for Medicare bid certification.
- AI/Copilot experience.
Responsibilities
- Analyze and evaluate business risks and opportunities.
- Analyze data reports, identify trends and gaps, and recommend actions.
- Apply mathematics, probability, statistics, finance, and business principles to calculate financial outcomes.
- Develop probability tables based on statistical analyses and other pertinent information.
- Research and analyze the impact of legislative changes.
- Determine equitable methods for distributing funds for insurance benefits.
- Create and update actuarial reports.
- Participate in merger and acquisition analyses.
- Certify annual Medicare bids.
- Support quarterly forecasting and Medicare bid target setting.
Benefits
- Competitive pay
- Health insurance
- 401K and stock purchase plans
- Tuition reimbursement
- Paid time off plus holidays
- Flexible approach to work with remote, hybrid, field or office work schedules
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
