
Lead Actuary, Medicare Advantage
NJM Insurance Group
full-time
Posted on:
Location Type: Remote
Location: New Jersey • United States
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Salary
💰 $113,200 - $154,455 per year
Job Level
Tech Stack
About the role
- Support actuarial pricing for the Medicare Advantage bid process and forecasting, working in conjunction with department leadership.
- Support developing a robust suite of internal tools for the bid process, member-level and cohort-level profitability analysis, and detailed forecasting.
- Forecasting and profitability analysis.
- Perform other ad-hoc analyses as requested (examples include assessing the impact of Star rating changes, benefit changes, or other changes).
- Investigate and communicate variances and drivers of forecasts to department leaders.
- Provide strategic thinking regarding the overall business strategy, incorporating product knowledge and broad Medicare Advantage landscape market dynamics.
- Supervise and train junior actuaries as needed.
Requirements
- Bachelors degree, required preferably within Mathematics, Statistics, Actuarial Sciences or a related field from an accredited college or university.
- Requires 5+ years of experience in Medicare Advantage actuarial bid pricing.
- Associate of the Society of Actuaries (ASA) or Fellow of the Society of Actuaries (FSA) preferred.
- Requires expert knowledge of Excel.
- Requires advanced proficiency with SAS or SQL.
- Requires expert knowledge of Medicare Advantage bid regulations and bid instructions.
- Requires in depth knowledge of the Medicare Advantage industry.
Benefits
- Comprehensive health benefits (Medical/Dental/Vision)
- Retirement Plans
- Generous PTO
- Incentive Plans
- Wellness Programs
- Paid Volunteer Time Off
- Tuition Reimbursement
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
actuarial pricingprofitability analysisforecastingExcelSASSQL
Soft Skills
strategic thinkingcommunicationsupervisiontraining
Certifications
Associate of the Society of Actuaries (ASA)Fellow of the Society of Actuaries (FSA)