Role Description Shape the world of health care by joining UPMC! As a leader in the industry, we are committed to enhancing the lives of all who are a part of our community. Without our employees, we would not be able to innovate health care for our patients and health plan members. To continue our tradition of excellence, we are in search of a full-time Actuary to join this community. UPMC Health Plan is seeking an Actuary in its Department of Health Economics. This credentialed healthcare actuary would drive high-visibility impactful analysis and would be responsible for developing and driving medical cost improvement strategies, including: - Evaluating program and initiative outcomes. - Interpreting cost and trend driver analysis to generate new initiative ideas. - Presenting findings to leadership. The Actuary will require a diverse set of skills and experience, including: - Data and analytics expertise. - Broad-based business and health economics acumen. - A strategic mindset. - An ability to influence and leverage cross-functional teams in a non-traditional actuarial environment. This position may also direct or supervise less experienced actuarial analysts in the performance of duties. As an Actuary at UPMC, you will be given support for professional designations through our comprehensive student program and continuing education opportunities. Responsibilities - Lead the development of detailed actuarial and financial models to communicate near and long-term projections of financial performance of new and ongoing initiatives and clinical programs. - Analyze impacts of healthcare affordability initiatives on medical cost and utilization trends. - Apply analytical and statistical software tools to summarize large healthcare data to glean findings and actionable insights. - Incorporate healthcare claims cost and utilization trends into the development of projections used to define savings methodologies for affordability initiatives and programs. - Develop and gain support for data-based recommendations with team members from product, clinical, network, and strategy functions. - Guide the development of well-documented standard actuarial reports and projects. - Present results of analyses and recommendations to management and senior leaders. - Apply an understanding of complex actuarial concepts, methods, and applications in a variety of situations. - Creatively leverage a wide range of datasets to inform key analyses. - Provide direction and supervision to less experienced staff in the performance of duties. May directly manage 1-2 analysts. - Build strong relationships within cross-functional workgroups including Clinical, Pharmacy, Network, Actuarial, Analytics, and Finance teams across the enterprise. - Ensure that departmental work products meet the highest standards of quality. - Provide analytical support for ad hoc data analyses. Qualifications - Bachelor's degree in mathematics, statistics, actuarial science, economics or related field. - ASA or FSA certification. - 5+ years of experience in actuarial work in a health insurance, managed care or related consulting business; or equivalent training, education and/or experience. - Experience in evaluation of medical cost and utilization savings initiatives, statistical techniques for the evaluation of clinical programs, trend analysis, population health, utilization management (UM) / care management (CM) / disease management (DM) analysis is a strong preference. - Experience with commercial and government health programs is preferred. - In-depth understanding of health insurance market dynamics. - Excellent problem-solving and analytical skills. - Excellent oral and written communication skills. - Adaptability and ability to prioritize effectively. - Strong PC skills. - Data retrieval skills and relational database experience are required, including SQL and/or SAS. - Data visualization experience is preferred. Licensure, Certifications, and Clearances - A.S.A. or F.S.A. certification by Society of Actuaries. - Membership in the American Academy of Actuaries. Company Description UPMC is an Equal Opportunity Employer/Disability/Veteran.

Role Description This position can be located remotely within the US. About Corporate Actuarial – Valuation: Corporate Actuarial produces reserving and financial metrics across IFRS 17, US Stat/Health, and Solvency II. The team delivers accurate, forward-looking financial information that supports senior management, Finance, ERM, Pricing, auditors, and regulators. Results from valuation drive thought leadership and informed decision-making across the organization. You will be a member of the Living Benefits & Group (LB & G) Valuation team, which handles: - Long Term Care (LTC) - Individual Disability (IDI) - Group Long Term Disability (GLTD) - Group Life (GL) Your primary responsibility is to manage day-to-day valuation activities of Munich's LTC line of business, including: - Support of new business activities on LTC products - Coordination of valuation of existing business with external consultants - Opportunities to lead ad-hoc projects from other lines of business within the valuation team - Managing actuarial students and the relationship with external consultants supporting the team Responsibilities - Key contact and liaison between external consultants working on the valuation of existing LTC business and other internal stakeholders - Help assess, onboard, and support quarterly reporting on new LTC transactions - Support external consultants and CA colleagues in enhancing and improving the existing valuation process to be faster and more efficient - Manage LTC-specific quarterly and annual closing issues, assumptions, corrections, and control evidence - Develop and document valuation assumption updates, ensuring alignment with Pricing/ERM and assumption governance - Quantify sensitivities and stress tests and support deeper insights and analysis of MARCs LTC business - Strengthen model/process controls: input validation, automated checks, and reproducible workflows - Ensure LTC model/process changes support Best Estimate reporting, statutory requirements, and emerging deal structures - Prepare LTC projections for reforecasts, annual plan, ORSA-aligned scenarios, stress testing, and capital analysis - Partner with Pricing and other Corporate Actuarial colleagues on onboarding new LTC deals into valuation - Collaborate with Finance, Model development, ERM, Claims, and Data teams - Communicate results to both actuaries and non-actuaries, and work collaboratively across Munich Re - Assist external reviewers (e.g., auditors) - Effectively manage internal and/or external resources (e.g., consultants) Qualifications - FSA required - Bachelor's degree - Valuation or Financial Reporting experience - Living benefits/LTC product knowledge preferred - Modeling experience (e.g., Moody’s AXIS, SQL) preferred Benefits - Two options for your health insurance plan (PPO or High Deductible) - Prescription drug coverage (included in your health insurance plan) - Vision and dental insurance plans - Additional insurance coverages provided at no cost to you, such as basic life insurance equal to 1x annual salary and AD&D coverage that is equal to 1x annual salary - Short and Long-Term Disability coverage - Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes Spouse/domestic partner and children) - Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity) - A robust 401k plan with up to a 6% employer match - Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries - Eligibility to receive a yearly bonus as a Munich Re employee - A variety of health and wellness programs provided at no cost, including a gym fitness reimbursement - Paid time off for eligible family care needs - Tuition assistance and educational achievement bonuses - A corporate matching gifts program that further enhances your charitable donation - Paid time off to volunteer in your community

Role Description This position can be located remotely within the US. About Corporate Actuarial – Valuation: Corporate Actuarial produces reserving and financial metrics across IFRS 17, US Stat/Health, and Solvency II. The team delivers accurate, forward-looking financial information that supports senior management, Finance, ERM, Pricing, auditors, and regulators. Results from valuation drive thought leadership and informed decision-making across the organization. You will be a member of the Living Benefits & Group (LB & G) Valuation team, which handles Long Term Care (LTC), Individual Disability (IDI), Group Long Term Disability (GLTD), and Group Life (GL) reporting. The Director & Actuary – LTC Valuation has end-to-end ownership of LTC valuation results and provides strategic leadership across IFRS 17, US Statutory (Health), and Solvency II. You will be managing actuarial students and the relationship with external consultants supporting the team. This role ensures valuation results for LTC supports senior management decision-making and informs external reporting. Responsibilities - Valuation and Financial reporting - Own LTC valuation results and deliverables across all reporting frameworks. - Oversee external consultants and CA colleagues in enhancing and improving the existing valuation process to be faster and more efficient. - Own the LTC-specific quarterly and annual closing process ensuring a robust control and evidence documentation process is in place. - LTC Assumptions & Insight - Support assumption development, validation, documentation, and audit/regulatory engagement. - Oversee LTC financial projections, stress testing, and scenario analysis. - Modeling & Process Governance - Set long-term modeling and process improvement goals alongside the Head of Living Benefits. - Strengthen and ensure adherence to model controls: input validation, automated checks, and reproducible workflows. - Planning, Forecasting & Strategic Support - Prepare LTC projections for reforecasts, annual plan, ORSA-aligned scenarios, stress testing, and capital analysis. - Key valuation contact with Pricing and other Corporate Actuarial colleagues on onboarding new LTC deals into valuation. - Stakeholder Partnership - Partner with senior stakeholders on LTC risk, capital, and growth strategy. - Communicate results to both actuaries and non-actuaries, and work collaboratively across Munich Re. - Effectively manage and develop internal actuarial students and work with and steer priorities of external resources (e.g. consultants). Qualifications - FSA required. - 7+ years of actuarial experience. - Living benefits pricing or valuation experience preferred. - Modeling experience preferred. - Proven people management and stakeholder communication skills. Benefits - Two options for your health insurance plan (PPO or High Deductible). - Prescription drug coverage (included in your health insurance plan). - Vision and dental insurance plans. - Additional insurance coverages provided at no cost to you, such as basic life insurance equal to 1x annual salary and AD&D coverage that is equal to 1x annual salary. - Short and Long-Term Disability coverage. - Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes Spouse/domestic partner and children). - Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity). - A robust 401k plan with up to a 6% employer match. - Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries. - Eligibility to receive a yearly bonus as a Munich Re employee. - A variety of health and wellness programs provided at no cost, including a gym fitness reimbursement. - Paid time off for eligible family care needs. - Tuition assistance and educational achievement bonuses. - A corporate matching gifts program that further enhances your charitable donation. - Paid time off to volunteer in your community.

• Responsible for delivering high-quality results and generating effective and impactful solutions • Provide focused guidance and training to Staff members • Be responsible for ensuring all engagements are delivered within agreed timelines • Deliver engagements in line with our values and commitment to quality, consistently driving projects to completion and ensuring that work is of a high standard