Sr Analyst, Actuarial (ADP)
About The Position
Aetna Resources LLC, a CVS Health company, is hiring for the following role in Woonsocket, RI: Sr Analyst, Actuarial (ADP) to prepare and analyze data for use in actuarial experience studies, valuation, or pricing projects. Duties include: provide technical support and maintenance of pricing and underwriting tools to assist others understand underwriting case specific issues by answering technical questions; analyze and research actuarial projects partnering with project and management teams; assist with maintaining valuation system; evaluate, review, and estimate unpaid claims; develop statistical models for risk management, asset optimization, and pricing; research and develop reporting tools to track and monitor product performance against financial targets and objectives; work on special projects that require actuarial research and analysis which may involve partnering with other business areas both in and out of finance; develop reserve factors (to assist in evaluating, reviewing, and estimating unpaid claims); develop experience analysis reviews; contribute to product development and re-pricing initiatives; prepare routine reports and communicate research results to manager both in written format and orally; continually assess established training and work processes to identify areas for effectiveness and efficiency improvements, and contribute to operating effectiveness through information sharing, suggested process improvements and effective implementation of change; communicate trends and issues identified and proactively recommend resolutions to management; and develop reserve factors and analysis reviews; and prepare financial reports, tax returns, and state filings. Telecommuting available. Multiple positions.
Requirements
- Master’s degree (or foreign equivalent) in Actuarial Science, Mathematics, Data Science, Statistics, or a related field.
- Completion of a university-level course, research project, internship, thesis, or six (6) months of experience in Actuarial models.
- Completion of a university-level course, research project, internship, thesis, or six (6) months of experience in Java, Python, JavaScript or Bootstrap.
- Completion of a university-level course, research project, internship, thesis, or six (6) months of experience in SQL, SAS, or R.
- Completion of a university-level course, research project, internship, thesis, or six (6) months of experience in Machine learning, statistical analysis, and predictive modeling.
- Completion of a university-level course, research project, internship, thesis, or six (6) months of experience in Software testing, quality assurance, and troubleshooting.
- Completion of a university-level course, research project, internship, thesis, or six (6) months of experience in Data analytics on large data sets in healthcare, business, or retail sector.
- Completion of a university-level course, research project, internship, thesis, or six (6) months of experience in Cloud components including cluster management.
- Completion of a university-level course, research project, internship, thesis, or six (6) months of experience in Quantitative analysis techniques, including clustering, regression, and pattern recognition.
- Completion of a university-level course, research project, internship, thesis, or six (6) months of experience in Healthcare data management processes and techniques, including data standards, interoperability, and proper data privacy.
- Completion of a university-level course, research project, internship, thesis, or six (6) months of experience in Supporting large data, analytics, and technology modernization initiatives.
Responsibilities
- Prepare and analyze data for use in actuarial experience studies, valuation, or pricing projects.
- Provide technical support and maintenance of pricing and underwriting tools to assist others understand underwriting case specific issues by answering technical questions.
- Analyze and research actuarial projects partnering with project and management teams.
- Assist with maintaining valuation system.
- Evaluate, review, and estimate unpaid claims.
- Develop statistical models for risk management, asset optimization, and pricing.
- Research and develop reporting tools to track and monitor product performance against financial targets and objectives.
- Work on special projects that require actuarial research and analysis which may involve partnering with other business areas both in and out of finance.
- Develop reserve factors (to assist in evaluating, reviewing, and estimating unpaid claims).
- Develop experience analysis reviews.
- Contribute to product development and re-pricing initiatives.
- Prepare routine reports and communicate research results to manager both in written format and orally.
- Continually assess established training and work processes to identify areas for effectiveness and efficiency improvements, and contribute to operating effectiveness through information sharing, suggested process improvements and effective implementation of change.
- Communicate trends and issues identified and proactively recommend resolutions to management.
- Prepare financial reports, tax returns, and state filings.
Benefits
- Medical, dental, and vision benefits.
- 401(k) retirement savings plan.
- Employee Stock Purchase Plan.
- Fully-paid term life insurance plan.
- Short-term and long term disability benefits.
- Numerous well-being programs.
- Education assistance.
- Free development courses.
- CVS store discount.
- Discount programs with participating partners.
- Paid Time Off (PTO) or vacation pay.
- Paid holidays.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Senior
