Associate Actuary – Medicare Forecasting

Posted 1 day ago

This is a fully remote position, open to applicants in Arizona, +43 more locations.

πŸ“‹ Description

β€’ Perform actuarial analyses, pricing strategies, and risk assessments to assess and forecast the financial performance of Medicare Advantage.

β€’ Assist with quarterly forecasting, establishing Medicare bid targets, and making business decisions that impact Medicare benefits and financial outcomes.

β€’ Evaluate business risks and opportunities through comprehensive analysis.

β€’ Examine data reports, identify trends and gaps, and propose actionable recommendations.

β€’ Utilize mathematics, probability, statistics, finance, and business principles to compute financial outcomes.

β€’ Develop probability tables utilizing statistical data and other pertinent information.

β€’ Investigate and assess the implications of legislative changes.

β€’ Establish fair methods for allocating funds for insurance benefits.

β€’ Create and maintain up-to-date actuarial reports.

β€’ Engage in merger and acquisition analysis.

β€’ Certify annual Medicare bids.


⛳️ Requirements

β€’ Bachelor's degree in a relevant field or equivalent professional experience.

β€’ Associate of the Society of Actuaries (ASA) or an equivalent international certification.

β€’ A minimum of 2+ years of experience in the actuarial field.

β€’ Proficient in actuarial analytics.

β€’ Experience in analyzing complex data, recognizing trends and financial drivers, and formulating insights and recommendations.

β€’ Advanced proficiency in Excel.

β€’ Basic knowledge of SQL and querying.

β€’ Experience with Medicare Advantage is highly desirable, especially in areas such as financial forecasting, performance analysis, cost trend analysis, and Medicare bid development or support.

β€’ MAAA designation or eligibility for Medicare bid certification is preferred.

β€’ Experience with AI/Copilot is a bonus.


🏝️ Benefits

β€’ Competitive salary.

β€’ Health insurance coverage.

β€’ 401K and stock purchase options.

β€’ Tuition reimbursement programs.

β€’ Paid time off along with holidays.

β€’ Flexible work arrangements including remote, hybrid, field, or office-based schedules.

β€’ Additional incentives may be part of the overall compensation package.

β€’ Equal opportunity employer dedicated to fostering diversity.

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