Salary
💰 $105,600 - $195,400 per year
About the role
- Conduct analysis, pricing and risk assessment to estimate financial outcomes for Individual commercial (ACA) products
- Manage health plan specific actuarial needs and produce actuarial reports to aid in developing corporate strategy
- Collaborate with actuaries and non-actuaries to assist with achieving well-rounded healthcare products
- Serve as the main point of contact for all actuarial related activities for an assigned health plan
- Manage at least 1 filing
- 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
- 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
- Mentor junior level actuarial staff
Requirements
- ASA or FSA designation
- MAAA (Member of American Academy of Actuaries)
- bachelor’s degree
- at least 5 years of actuarial experience
- Comfort explaining complex topics to non-actuaries at senior levels (highly preferred)
- Experience pricing healthcare products (highly preferred)
- Preferred 5+ years of health actuarial experience
- In-depth experience working with healthcare pricing
- Familiarity with ACA individual marketplace
- Associate of the Society of Actuaries (ASA) or equivalent international certification
- Member of American Academy of Actuaries (MAAA) or equivalent international membership