Principal Actuary, Actuarial Analytics
About The Position
The Principal Actuary, Actuarial Analytics analyzes and forecasts financial, economic, operational, and other data to provide accurate, timely information for strategic and day-to-day decisions. The role establishes metrics, develops reporting and insights, evaluates industry and market trends, and forecasts the organization’s short-, medium-, and long-term financial and competitive position. It provides strategic actuarial and analytic guidance to functional teams and senior leadership, and supports Medicare Individual analytic work across the team. The Principal ensures data integrity by designing and maintaining processes and controls around data flow. The role partners with stakeholders to understand business needs, investigates and resolves analytic and data issues, performs root cause analysis, and translates complex findings into actionable recommendations. It works with senior executives on functional strategies and advises business areas on significant matters as an advanced subject matter expert across multiple enterprise knowledge and functional areas. The role also monitors claims emergence and changes in utilization, unit cost, severity, and mix; distinguishes meaningful signals from normal claims volatility; breaks results down across relevant dimensions; and compares actual experience with forecasts, pricing assumptions, and prior periods. This is a remote position, with occasional travel to Humana offices for training or meetings. Typical hours are Monday through Friday, 8 a.m. to 5 p.m., with 40 scheduled hours per week.
Requirements
- Bachelor’s degree required.
- At least 7 years of technical experience.
- 2–5 years of project leadership experience.
- FSA or ASA and MAAA; relevant advanced degree and recent, relevant work experience are also specified.
- Strong technical and non-technical communication skills, with the ability to tailor communication to the audience.
- Experience in more than two functions, such as modeling, pricing, rate filing, reporting and analysis, reserving, or trending.
- Passion for contributing to an organization focused on continuously improving consumer experiences.
Nice To Haves
- Master’s or doctoral degree preferred.
Responsibilities
- Analyze and forecast financial, economic, and operational data to support strategic and day-to-day business decisions.
- Develop accurate and timely reporting and insights for leadership and business partners.
- Establish performance metrics and key indicators for business intelligence and decision-making.
- Evaluate industry, economic, financial, and market trends to assess Humana’s short-, medium-, and long-term financial and competitive position.
- Provide strategic actuarial and analytic guidance to functional teams and senior leadership.
- Support Medicare Individual analytic work across the team.
- Bridge analytics across teams to improve consistency, coordination, and insight generation.
- Design, implement, and maintain processes and controls that ensure data integrity and reliable data flow.
- Collaborate with stakeholders to understand business needs, issues, and opportunities.
- Investigate and troubleshoot data and analytic issues.
- Conduct root cause analysis on data anomalies and develop cost-effective resolutions.
- Translate complex data findings into actionable recommendations for business leaders.
- Work with senior executives to develop and drive segment or enterprise-wide functional strategies.
- Advise business areas, programs, or functions on significant actuarial and analytic matters.
- Serve as an advanced subject matter expert across multiple knowledge and functional areas within the enterprise.
- Apply advanced technical expertise to complex forecasting and analytic initiatives.
- Support cross-functional decision-making through modeling, analysis, and interpretation of results.
- Monitor claims emergence and identify changes in utilization, unit cost, severity, and mix.
- Distinguish meaningful signals from normal claims volatility.
- Break results down by geography, product, provider, service category, member cohort, and other meaningful dimensions.
- Compare actual experience with forecasts, pricing assumptions, and prior periods.
Benefits
- Medical, dental, and vision benefits.
- 401(k) retirement savings plan.
- Paid time off, company holidays, and personal holidays.
- Paid parental and caregiver leave.
- Short-term and long-term disability coverage.
- Life insurance.
- Bonus incentive plan based on company and/or individual performance.
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What This Job Offers
Job Type
Full-time
Career Level
Principal
