Position Purpose:
- Conduct analysis, pricing and risk assessment to estimate financial outcomes
- Manage health plan specific actuarial needs and produce actuarial reports to aid in developing corporate strategy
- Serve as the main point of contact for all actuarial related activities for an assigned health plan
- Manage at least one health plan
- Apply knowledge of mathematics, probability, statistics, principles of finance and business to calculate financial outcomes
- Developing probability tables based on analysis of statistical data and other pertinent information
- Research and analyze the impact from legislative changes
- Analyze and evaluate required premium rates
- Assess cash reserves and liabilities enable payment of future benefits
- Analyze various data reports, identify trends and gaps and recommend action
- Determine the equitable basis for distributing money for insurance benefits
- Create and update actuarial reports
- Participate in merger and acquisition analysis
Education/Experience:
- Bachelor’s degree in related field or equivalent experience
- 3+ years of actuarial experience
License/Certification:
- Associate of the Society of Actuaries (ASA)