Actuarial Analyst

This is a fully remote position, open to applicants in Kentucky, +4 more states.

📋 Description

• Assist with rating and pricing, valuation, healthcare economics, and financial forecasting.

• Utilize mathematics, probability, statistics, and business principles to deliver technical actuarial support.

• Collaborate closely with actuaries on health program evaluations.

• Provide support to Network Management, Underwriting, Sales and Marketing, Finance, and Healthcare teams.

• Conduct actuarial research, experience studies, statistical analyses, and calculations.

• Compute premiums and reserves for both new and existing insurance plans.

• Offer assistance to senior analysts or actuaries.

• Retrieve and verify data for rate filings and actuarial models.

• Enhance models and analyze reasons for variations in calculated factors.

• Assess the effects of changes in product lines and segments.

• Update internal stakeholders on filing status and submit rate filings to NCDOI and CMS.

• Gather and confirm data for monthly reports and UCL and ALR calculations.

• Aid in valuation by executing the ALR model and confirming results.

• Conduct research on ALR assumption studies and UCL estimates.

• Distribute established reports and address inquiries.

• Examine trends and anomalies.

• Carry out control activities supporting Enterprise Risk Management.

• Provide analytical support for corporate and departmental initiatives.

• Maintain good standing in the Actuarial Development Program.

⛳️ Requirements

• Bachelor's degree or advanced degree as necessary.

• A minimum of 2 years of relevant actuarial experience.

• Related experience may be taken into account.

• Completion of at least three exams toward the eventual ASA designation.

• Additional relevant experience may compensate for minimum exam requirements.

• ASA or further ASA exams may replace minimum experience requirements.

• Must be authorized to work in the United States.

🏝️ Benefits

• Work-life balance, flexibility, and autonomy.

• Medical, dental, and vision coverage.

• Health and wellness programs.

• Parental leave and support.

• Adoption and surrogacy assistance.

• Career development programs.

• Tuition reimbursement for continued education.

• 401k match with an annual company contribution.

• Annual Incentive Bonus based on the achievement of corporate goals and individual performance.

• Paid Time Off (PTO).

• Competitive health benefits and wellness programs.

• Reasonable accommodations for applicants with disabilities.