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Actuarial Analyst (Remote)

Remote: 
Full Remote
Contract: 
Salary: 
52 - 92K yearly
Experience: 
Senior (5-10 years)
Work from: 
New York (USA), United States

Offer summary

Qualifications:

Bachelor’s degree in Actuarial Science or related field required, 3 - 5+ years relevant work experience preferred, Progress towards actuarial credentials expected, Strong mathematical and analytical skills required, Proficient in MS Office and SQL, R or Python.

Key responsabilities:

  • Identify opportunities to reduce medical expenses
  • Conduct pricing analysis and financial projections
  • Support analysis of healthcare claims/utilization trends
  • Maintain control around models and work products
  • Assist with rate filings and special project analyses
EmblemHealth logo
EmblemHealth Insurance Large https://www.emblemhealth.com/
1001 - 5000 Employees
See more EmblemHealth offers

Job description

Summary

  • Identify opportunities to reduce medical expenses and collaborate with other areas to implement and monitor performance.
  • Develop studies, analyses, and presentation materials needed to appropriately inform decision makers.
  • Complete pricing analysis, experience analysis and studies, financial projections, and other actuarial/financial calculations.
  • Run, modify, and create data queries to produce analysis and reports.

Responsibilities

  • Perform actuarial tasks which are of a mathematical and quantitative nature.
  • Support analysis of hospital, professional, and drug claim/utilization trends, membership/demographics, and various other ad-hoc analyses.
  • Maintain appropriate controls around models and other work products.
  • Ensure quality and on time completion of deliverables.
  • Assist with rate filings or valuation calculations.
  • Support preparation of forecasts and monitoring of results or trends.
  • Support development of efficient and transparent queries to obtain data that is appropriate to the purpose.
  • Ensure internal and external consistency of all work.
  • Perform reasonability checks dependent on industry knowledge and experience.
  • Develop and implement analyses for special projects.
  • Provide technical and analytical support for the actuarial department.
  • Proactively take on additional work as needed by the team.
  • Perform duties and assignments as directed or required.

Requirements

  • Bachelor’s degree in Actuarial Science, Mathematics, other physical science, or related finance/business degree required
  • 3 - 5+ years relevant, professional work experience and/or education required
  • Must make sufficient progress toward obtaining actuarial credentials, defined as sitting for a minimum of one exam per year, scoring above a zero, and obtaining at least a combined score of 5 over two consecutive sittings
  • When unable to meet the progress outlined in the bullet above, the role will be transitioned to a non-Actuarial job title and job description
  • Actuarial/analytical experience, preferably in a healthcare environment preferred
  • Strong mathematical and analytical skills required
  • Strong communication skills (verbal, written, presentation) required
  • Strong working knowledge of MS Office (Outlook, Word, Excel, PowerPoint, etc.) required
  • Working knowledge of SQL, R, Python or similar required
  • Capable with Excel, data extraction, simulations, automation required

Additional Information

  • Requisition ID: 1000002045
  • Hiring Range: $52,000-$92,000

Required profile

Experience

Level of experience: Senior (5-10 years)
Industry :
Insurance
Spoken language(s):
English
Check out the description to know which languages are mandatory.

Other Skills

  • Microsoft Office
  • Verbal Communication Skills
  • Mathematics
  • Quality Control
  • Forecasting
  • Analytical Skills

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