Pricing Actuary

Intermountain Health • Murray, UT

2d • $59 - $90

About The Position

Provides actuarial and underwriting expertise, and contributes to the organization's financial soundness. Applies actuarial and underwriting principles to the design and financial management of health care benefit programs and financing systems. We are committed to offering flexible work options where approved and stated in the job posting. However, we are currently not considering candidates who reside or plan to reside in the following states: California, Connecticut, Hawaii, Illinois, New York, Rhode Island, Vermont, and Washington. Please note that a video interview through Microsoft Teams will be required as well as potential onsite interviews and meetings

Requirements

• Bachelor's degree in math, statistics, computer science, economics or finance obtained through an accredited institution. Education is verified.
• Current Fellow of the Society of Actuaries (FSA) - and - Member of American Academy of Actuaries or Society of Actuaries.
• Eight years of relevant actuarial experience, including benefit design, financing systems and valuation.
• Interact with others requiring employee to verbally communicate as well as hear and understand spoken information.
• Operate computers, telephones, office equipment, and manipulate paper requiring the ability to move fingers and hands.
• See and read computer monitors and documents.
• Remain sitting or standing for long periods of time to perform work on a computer, telephone, or other equipment.

Nice To Haves

• Excellent analytical skills.
• Experience working with sales and insurance brokerage consultants.
• Strong verbal and written communication skills.
• Supervisory/managerial experience.

Responsibilities

• Provides direction and oversight of product design and rating structures for new and existing products and all associated internal / external systems and state filing requirements.
• Coordinates and develops all required rate and compliance certifications, and ensures a cooperative and effective relationship with Insurance Departments of State governments.
• Provides direction and oversight for the development and maintenance of analysis, forecasting, and reporting of claims experience and trends, both in aggregate and various components.
• Analyzes and develops financial statement reserves and other liabilities including IBNR, contingent settlements, incentive and risk-share payments, reinsurance claims and other third-party claims and liabilities, etc.
• Provides input and support for internal and external audits and reporting.
• Provides direction and oversight of development and maintenance of analysis, forecasting, and reporting of budget projection inputs, both in aggregate and various components.
• Analyzes, develops and maintains administrative expense models.
• Provides direction and oversight of development, analysis, and reporting of facility, physician, and other provider reimbursement structures. Models and services utilization information.
• Coordinates and develops Retiree Drug Subsidy data reporting and submissions.
• Designs, develops, and maintains data extracts and complex queries and on-line data analysis and reporting tools.

Benefits

• We care about your well-being – mind, body, and spirit – which is why we provide our caregivers a generous benefits package that covers a wide range of programs to foster a sustainable culture of wellness that encompasses living healthy, happy, secure, connected, and engaged.
• Intermountain Health’s PEAK program supports caregivers in the pursuit of their education goals and career aspirations by providing up-front tuition coverage paid directly to the academic institution. The program offers 100+ learning options to choose from, including undergraduate studies, high school diplomas, and professional skills and certificates. Caregivers are eligible to participate in PEAK on day 1 of employment.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 11-50 employees