This job is closed
We regret to inform you that the job you were interested in has been closed. Although this specific position is no longer available, we encourage you to continue exploring other opportunities on our job board.
About the position
As a Senior Manager, you will work alongside and learn from Oliver Wyman's industry leaders and other consultants while contributing to a broad range of client projects. You will have significant interaction with Oliver Wyman's clients, which include top tier insurance companies and provider health systems. You will be responsible for overseeing the workflow of projects, managing the completion of multiple workstreams. You will actively support the development of team members, contributing to their professional growth. The Health Practice of Oliver Wyman is rapidly growing and seeking individuals who are highly motivated to expand our team. The practice seeks to inspire a collaborative, team-based culture which fosters free flowing ideas, values diversity and allows for challenges to the status quo. Its colleagues are proud to perform exciting, diverse, and leading-edge work.
Responsibilities
- Lead and certify Medicare Advantage bid development, both Part C and D
- Health insurance product development, modeling, and analysis for the Medicare Advantage markets
- Set pricing assumptions, trends, and pricing methodologies
- Medical and pharmacy claims analysis, including benchmarking to applicable industry experience
- Feasibility studies for startup operations or expansions of new products for payers, providers, or payer-provider partnerships
- Support of regulatory changes and implementation
- Evaluation of provider contracts and the impact of changes on rates
- Analysis of value-based care and other risk-taking arrangements from both the payer and provider perspectives
- Opportunity analyses for improved total-cost-of-care management and population health
- Evaluation of risk scores and assistance with improving risk score coding/capture
- Evaluation of care management programs
Requirements
- Bachelor's or master's degree, preferably in Actuarial Science, Mathematics, Statistics, Finance or a related field
- 7+ years of actuarial experience in the Medicare Advantage industry, with a preference for actuarial consulting
- Associate of the Society of Actuaries (ASA) or Fellow of the Society of Actuaries (FSA) credentials
- Ability to demonstrate autonomy with minimal Principal involvement while managing medium-to-large scale projects/workstreams, generally with higher complexity
- A track record of, and desire for, rapid learning, high performance, and professional growth
- Strong written and oral communication skills
- Excellent time management skills
- Understanding of the value of collaboration and the ability to work effectively in a team setting
- Deep critical-thinking skills and problem-solving ability
- Highly motivated individual and willingness to work in a dynamic environment
- Strong skills with MS Excel, SAS, SQL, R, Python, VBA or other programming languages
Benefits
- Performance-based pay program with year-end bonuses based on personal and corporate performance
- Competitive study program for actuarial students including paid time off for exam study and exam day
- Financial support for materials and reimbursement of exam costs
- Salary increases subsequent to passing exams
- First-time pass bonuses
- Supportive and flexible work environment for actuarial students
