Actuary – Valuation & Reserving

This is a fully remote position, open to applicants in Alaska, +44 more states.

📋 Description

• Perform analysis, pricing, and risk assessment to forecast financial outcomes.

• Assist the Actuarial Valuation Team by conducting experience and trend analysis, valuation tasks, and conveying financial results.

• Predict liabilities for claims that have been incurred but remain unpaid.

• Relay financial results to health plans and other internal stakeholders effectively.

• Aid in the NAIC actuarial opinion process.

• Utilize mathematics, probability, statistics, finance, and business principles to determine financial outcomes.

• Create probability tables using statistical data and other relevant information.

• Analyze insurance plans and compute necessary premium rates.

• Ensure that cash reserves and liabilities are sufficient for future benefit payments.

• Establish a fair method for allocating funds for insurance benefits.

• Engage in merger and acquisition analysis.

• Formulate new processes and pinpoint operational efficiencies.

• Collaborate with various departments and gain exposure to leadership roles.

• Carry out other assigned duties while adhering to all policies and standards.

⛳️ Requirements

• Bachelor's Degree in a related field or equivalent experience is mandatory.

• A minimum of 5 years of actuarial experience with an ASA designation, or 4 years with an FSA designation is required.

• Associate in Society of Actuaries (ASA) certification is essential.

• Membership in the American Academy of Actuaries (MAAA) is preferred.

• Experience in healthcare and valuation actuarial fields.

• Familiarity with estimating claims that have been incurred but not paid.

• Knowledge of NAIC actuarial opinions is necessary.

• Proficient in Excel, including skills in VBA, arrays, PivotTables, and queries.

• Experience with SQL, Python, Power BI, and the ability to utilize AI tools is preferred.

• This position is fully remote within the continental U.S., accommodating all time zones.

🏝️ Benefits

• Competitive salary.

• Health insurance coverage.

• 401K and stock purchase options.

• Tuition reimbursement program.

• Paid time off in addition to holidays.

• Flexible work arrangements including remote, hybrid, field, or office schedules.

• Additional incentives may be included in the total compensation package.