Actuarial Analyst

Actuarial Analyst

The Actuarial Analyst provides technical support within the Actuarial team on experience reporting, project work and modeling, filing and Bids. They provide additional cross-functional support role to Enterprise Analytics, IFP Line of Business leadership, Finance, Marketing and other areas of the company that may need data summarization, modeling framework or research help.

ROLE RESPONSIBILITIES

The Actuarial Analyst job description is intended to highlight major responsibilities within the role, but it is not limited to these items.

  • Support the Actuarial team on all project work related to complex trends while also interfacing with internal and external stakeholders
  • Support Actuarial team with ACA pricing, interfacing with internal Bright team and external consulting actuaries
  • Support Finance team in the development of forecasting models, projections and relevant information to inform C-Level business decisions
  • Support the team through modeling, market analysis and experience to determine company growth initiatives; support the team by conducting research and data analysis, and with informed profitable cohorts and renewal targets
  • Support the team in developing tools and models to further advance the organization’s capabilities around analysis
  • Perform ad-hoc data analysis using SQL, SAS, Excel, and Tableau
  • Work with consulting actuaries on product pricing and various other analysis

EDUCATION, TRAINING, AND PROFESSIONAL EXPERIENCE

  • Bachelor’s degree required in Math, Statistics, Economics, Actuarial Science, or a related field
  • Six (6) months to two (2) years of actuarial experience and currently pursuing the ASA designation is preferred.
  • Experience working with health care data and/or modeling work on commercial ACA products is desired

PROFESSIONAL COMPETENCIES

  • Proficient in Microsoft Excel and other Office products
  • Experience with SQL and/or SAS
  • Working knowledge of healthcare pricing process for commercial products
  • Understanding of company practices related to management of member populations for purposes of estimating risk
  • Produce, understand, and interpret internal and external analysis and reports; provide effective technical and non-technical support to internal and external stakeholders

LICENSURES AND CERTIFICATIONS

  • Associate of the Society of Actuaries is preferred, but not required.

WORK ENVIRONMENT

  • The majority of work responsibilities are performed in an open office setting, carrying out detailed work sitting at a desk/table and working on the computer.
  • Some travel may be required.
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