Humana

Associate Actuary, Pricing

Humana

full-time

Posted on:

Location Type: Remote

Location: United States

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Salary

💰 $106,900 - $147,000 per year

About the role

  • setting pricing assumptions, submitting bids, filing and gaining approval of premium rates and rate certifications with regulatory agencies
  • supports implementation of rates, new plans and benefit changes
  • provides guidance to Product Development on new product/benefit cost impacts
  • develops and maintains pricing tools that price standard and custom benefits
  • establishes market level financial metrics to align with segment profitability goals
  • analyzes market level results and projections and develops recommended pricing actions to address gaps to targeted metrics
  • leverages market level projections and experience data tools to research root cause and capture insights
  • researches and understands competitors in marketplace and collaborates with sales and other partners supporting the markets to develop strategies for profitable membership growth
  • accountable for actuarial certifications on rate filings, including attesting to compliance with state and federal rating and benefit regulations
  • begins to influence department’s strategy
  • makes decisions on moderately complex to complex issues regarding technical approach for project components

Requirements

  • Bachelor's Degree
  • Associate of Society of Actuaries (ASA) designation
  • MAAA
  • Strong communication
  • Must be passionate about contributing to an organization focused on continuously improving consumer experiences
Benefits
  • medical, dental and vision benefits
  • 401(k) retirement savings plan
  • time off (including paid time off, company and personal holidays, volunteer time off, paid parental and caregiver leave)
  • short-term and long-term disability
  • life insurance and many other opportunities
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
pricing assumptionsbids submissionrate certificationspricing tools developmentfinancial metrics analysismarket analysispricing actions developmentroot cause analysiscompetitive researchactuarial certifications
Soft Skills
strong communicationcollaborationstrategic influencedecision makingproblem solvingpassion for improvement
Certifications
Bachelor's DegreeAssociate of Society of Actuaries (ASA)MAAA