Position Purpose

Conduct analysis, pricing and risk assessment to estimate financial outcomes. Manage health plan specific actuarial needs and produce actuarial reports to aid in developing corporate strategy.

Why This Role Is Appealing

• This critical role plays a key part in advancing Value-Based Care (VBC) strategies that drive significant financial value across the enterprise.
• Gain broad exposure to vendor contracting, financial performance evaluation, and strategic decision-making while collaborating with stakeholders across all lines of business on diverse, high-impact initiatives.

In This Associate Actuary Role, You Will

• Serve as the main point of contact for all actuarial related activities for an assigned contract.
• Apply knowledge of mathematics, probability, statistics, principles of finance and business to calculate financial outcomes.
• Develop probability tables based on analysis of statistical data and other pertinent information.
• Research and analyze the impact from legislative changes.
• Analyze and evaluate required vendor and provider deals.
• Analyze various data reports, identify trends and gaps and recommend action.
• Determine the equitable basis for distributing with providers and vendors.
• Create and update actuarial reports.
• Participate in merger and acquisition analysis.

Additional Responsibilities Will Include

• Supporting the development and maintenance of financial models for Value-Based Care (VBC) contracts.
• Analyzing claims, vendor performance, and other healthcare datasets using tools such as SQL, SAS, or Python.
• Assisting with the preparation of financial analyses and materials used in discussions with external vendors and internal stakeholders.
• Collaborating with cross-functional teams to gather data, validate assumptions, and support ongoing initiatives.
• Identifying data discrepancies, reporting issues, and escalating concerns or recommendations as appropriate.

Education/Experience

• Bachelor's degree in related field or equivalent experience.
• 2+ years of actuarial experience.

License/Certification

Associate of the Society of Actuaries (ASA) or equivalent international certification.

Preferred Skills

• Experience in healthcare.
• Experience in Excel, SAS, SQL, Snowflake and/or Teradata.
• Vendor/Provider Experience.

Our Actuarial Development Program

Designed to support your success through comprehensive exam support and mentorship, you'll join a collaborative team that values knowledge sharing and celebrates exam progress.