Associate Actuary

» Associate Actuary
Finance & Accounting
in Chicago
, IL
Reference: 19-02894

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)