About The Position

The Actuarial Analyst I is responsible for providing timely, accurate, and actionable data and analysis supporting the department, area, and corporate key initiatives.

Requirements

  • Bachelor's degree in actuarial science, mathematics, economics or a related field is required
  • A minimum of one exam passed under the Society of Actuaries Exam Syllabus is required; exam SRM via transition credit does not meet this requirement
  • Active pursuit of an actuarial designation (ASA) is required
  • Intermediate interpersonal/verbal communication skills and a high level of professionalism
  • Intermediate written communication skills
  • Intermediate ability to work independently and within a team environment
  • Intermediate ability to work in fast paced environment with changing priorities
  • Intermediate ability to remain calm under pressure
  • Intermediate proficiency level with Microsoft Excel
  • Intermediate proficiency with Microsoft Suite to include, Word, Power Point and Outlook
  • Basic ability to effectively present information and respond to questions from peers and management
  • Basic ability to analyze and interpret financial data in order to coordinate the preparation of financial records
  • Basic knowledge of SQL, SAS, R, or other data manipulation software
  • Effective problem-solving skills with attention to detail
  • Effective listening and critical thinking skills

Nice To Haves

  • Strong database (SAS or Access) experience is preferred
  • Managed Care or healthcare experience is preferred

Responsibilities

  • Develops actionable recommendations to management relative to all analysis
  • Calculates profitability reports on appropriate business segments
  • Performs regular and ad-hoc analysis to identify opportunities to improve efficiency and affordability
  • Performs regular and ad-hoc analysis/studies to evaluate assumptions used in other processes
  • Participates in cross functional teams to address key issues facing the organization
  • Prepares monthly calculation of the company's IBNR reserves
  • Evaluates government reimbursement process to determine areas of risk and opportunity
  • Participates in initiatives to improve operating results
  • Initiates key analysis to improve overall MLR results
  • Performs other duties as assigned
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