Senior Actuarial Analyst
About The Position
The Sr. Analyst, Actuary role will require the ability to evaluate complex risks and assess the potential financial consequences of those risks in the healthcare space. Utilize mathematics, statistics, and financial theory to assess the risk that may occur and help the business and clients develop business plans that minimize the cost of that risk. Advise the business on contract pricing in a value-based, risk-bearing environment. Contribute to and/or lead a wide variety of complex projects involving the contracting, reserving, pricing, and financial modeling of a full array of value-based care programs for providers and payors.
Requirements
- Bachelor's degree in actuarial science, mathematics, economics or a related field is required
- Minimum of four (4) years of decision support, financial analysis or actuarial experience is required
- Ability to work cross-functionally with a variety of teams including operations, product, and technology.
- Strong database (SQL) experience is required
- Strong quantitative and financial modeling capabilities and problem-solving ability
- Ability to work both independently and lead small teams, while enjoying a fast-paced collaborative environment
- Strong analytical skills including ability to draw conclusions, develop processes, and identify trends from data in a logical, systematic way
- Strong written and verbal communication skills
- Expert proficiency with Microsoft Suite to include SQL, Excel, Word, Power Point and Outlook
Nice To Haves
- 4-7 years of experience
- Associate in the Society of Actuaries (ASA) Preferred
- Ability to handle ambiguity and desire to work in a fast-paced start-up environment.
Responsibilities
- Analyze statistical data around medical trends
- Complex modelling of statistics to determine potential risks
- Assist with pricing risk contracts with payors and providers
- Prepare presentations and detailed reports and present to clients
- Lead development and/or maintain multiple internal statistical models to support key business goals / initiatives; pricing models, financial projections, contract modeling, and ad hoc support projects
- Create client reporting for actuarial topics like the financial outcomes of various contracts, including shared risk and contingency based contracts.
- Lead development of advanced analytical models that help demonstrate our program value (cost savings, quality outcomes, and member satisfaction) to our clients
Benefits
- Subsidized, personal healthcare coverage (medical, dental vision)
- Flexible Paid Time Off (PTO)
- Professional Development, CEU, and Tuition Reimbursement
- Curated Wellness Benefits supporting teammates physical and mental well-being
- Community engagement opportunities
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Number of Employees
251-500 employees
