Job Closed
This listing is no longer active.
Actuarial Analyst I
Location
United States
Posted
4 days ago
Salary
$62.7K - $100.4K / year
Seniority
Senior
Job Description
Actuarial Analyst I
CareSource
• Develops actionable recommendations to management relative to all analysis • Calculates profitability reports on appropriate business segments • Performs regular and ad-hoc analysis to identify opportunities to improve efficiency and affordability • Prepares monthly calculation of the company's IBNR reserves • Evaluates government reimbursement process to determine areas of risk and opportunity • Participates in initiatives to improve operating results
Job Requirements
- Bachelor's degree in actuarial science, mathematics, economics, or a related field
- Strong database (SAS or Access) experience preferred
- Managed Care or healthcare experience preferred
- Minimum of one exam passed under the Society of Actuaries Exam Syllabus required
- Active pursuit of an actuarial designation (ASA) required
- Basic knowledge of SQL, SAS, R, or other data manipulation software
Benefits
- Comprehensive total rewards package
- Bonus tied to company and individual performance
- Health insurance
- Retirement plans
- Paid time off
Related Guides
Related Categories
Related Job Pages
More Actuary Jobs
Senior Actuarial Consultant
Texas Mutual Insurance CompanyTexas Mutual Insurance Company, or simply Texas Mutual, is a firm based out of Austin, Texas. Since 1991, the company has specifically focused on becoming a lea
Title: Senior Actuarial Consultant Location: Austin United States Full time Job Description: We're excited you're considering joining a great place to work! Texas Mutual is deeply committed to creating and maintaining an environment of mutual respect and is proud to be an equal opportunity employer. All qualified applicants are encouraged to apply and will receive consideration for employment without regard to age, race, color, national origin, religion, sex, gender identity, sexual orientation, genetic information, veteran status, or any other basis protected by local, state, or federal law. About this Position At Texas Mutual, our vision is to create a stronger, safer Texas. That means helping injured workers return to a productive life, empowering businesses to thrive, and giving back to our communities. We are seeking a motivated actuarial consultant who desires to grow their knowledge of actuarial techniques and workers' compensation practices and processes. Work for one of the best companies to work for in Texas! We are located in the heart of Mueller surrounded by parks, restaurants, shopping, and more. Responsibilities & Qualifications Essential Job Functions: Apply broad knowledge in providing actuarial analytics to internal and external customers by: - Performing intermediate data compilation and actuarial analysis for price monitoring, reserving and pricing level indications. - Analyzing, developing, and validating statistical data. - Extracting, compiling and analyzing data from company computer systems. Preparing necessary responses and reports. - Assisting in the development and on-going analysis of financial and operational issues impacting the company. - Preparing and presenting of monthly, management, and ad-hoc reports and analysis as requested or necessary. - Establishing and maintaining customer service-based relationships with all internal and external customers. - Developing business solutions that incorporate statistical models and computational data analysis that utilize Generalized Linear Modeling, Principal Components analysis, Clustering and Classification models, Multivariate Regressions and Decisions Trees. - Monitoring developments in actuarial techniques and researches trends. - Translating business questions into data driven solutions. - Participating in the completion of core actuarial functions related to pricing, reserving, and actuarial modeling. - Provide peer review of other staff members work as needed, and ensure all personal work is peer reviewed prior to presentation to management. Required Qualifications: - Bachelor's degree in actuarial science, statistics, mathematics, finance, or related fields or equivalent education, training, or experience. - At least four years of relevant is experience is required or equivalent education, training, or experience. - Completion of at least 5 actuarial exams preferred (relevant work experience may be considered in lieu of exams). - Proficiency in excel including use of macros. - Ability to write moderately complex computer programs and queries. - Ability to understand data analysis and actuarial techniques. Texas Mutual Pay Transparency The base pay range is based on the market evaluation of the job and may include pay for multiple levels. Individual base pay within the range is determined by a variety of factors, including experience, performance, education, and demonstration of skills and competencies required for each role. Your recruiter can discuss the full value of our total compensation package with you, including our generous bonus plans and flex-hybrid work model. Base Pay Range: $124,007.35 - $153,185.55 Per Year Flex-Hybrid Work Environment: Texas Mutual's flex-hybrid schedule allows you to bring your best self to work by working remotely and collaborating in the office based on business needs. All Texas Mutual employees are required to have Texas residency and travel to their designated office as needed. Our Benefits: - Annual performance bonus and merit-based pay increase - Lifestyle Savings Account ($1,000 per year) - Automatic 4% employer contribution to retirement plan - 401k plan with 100% employer match up to 6% - Student loan repayment matching in 401k plan - Three weeks' time off for vacation - Nine paid holidays and two personal days each year - Day one health, Rx, vision and dental insurance - Life and disability insurance - Flexible spending account - Pet insurance and pet Rx discounts - Free on-site gym, fitness classes, and health and wellness resources - Free identity theft protection - Free student loan repayment and refinancing consultation - Professional development and tuition reimbursement - Employee referral bonus - Free onsite snacks
Senior Actuary, Actuary - Individual Annuities
The StandardWe help people achieve financial well-being and peace of mind.
Senior Actuary, Actuary - Individual Annuities remote type Remote (USA) locations Portland, OR Remote, USA Remote, OR time type Full time job requisition id REQ006702 Job Summary: The Standard’s Individual Annuities division is currently looking to add a Sr. Actuary and Actuary/Model Owner to our team. Both roles will require hands-on actuarial modeling experience and will play a key role in driving our VM-22 implementation. These roles are ideal for someone that enjoys building, enhancing, and owning actuarial models related to a high visibility regulatory function, and will be integral in developing and refining models, defining strategic asset allocations that optimize reserves, and partnering across valuation, pricing, FP&A, ALM, and investment management to ensure a robust, scalable VM-22 framework. As part of this team, you will have opportunities to support other modeling initiatives in our near-term future state, potentially including strategic initiatives related to a Bermuda affiliate reinsurer. These are high impact individual contributor roles, with near term leadership opportunities. Key Responsibilities: - Owning the development and enhancement of AXIS models and processes supporting VM-22 valuation and communicating results to senior management. - Design and implementation of model improvements, including structure, assumptions, and runtime optimization. - Leading methodology decisions related to VM-22 interpretation and implementation and driving model governance (change management, controls, validation readiness). - Partnering with valuation, pricing, FP&A, and investment management to ensure consistency and usability of results. - Analyzing model output to identify drivers, limitations, and opportunities for improving model performance and scalability (automation, workflow, cloud integration where applicable) - Staying current on VM-22 regulatory developments and translating into model changes - Provide mentorship and project leadership to core VM-22 team as well as partner organizations * Note: These roles may be filled at the levels noted below based upon applicable experience and career path: - Actuary: Demonstrates expertise in Company's risk profile, risk appetite and risk management practices. Obtains foundational understanding of industry risk management practices. Utilizes Company and industry practices to complete risk-based analysis and propose appropriate risk-based opportunities. ASA Required. (The compensation range for this role is: $131,750 - $192,500.) - Senior Actuary: Applies knowledge of broad industry practices and developments to advocate for risk-based opportunities within the Company’s risk appetite. Participates in professional or industry groups and applies expertise to further the Company's practices. FSA Required. (The compensation range for this role is: $137,000 - $200,750.) Skills and Background You’ll Need: Education: - Bachelor’s degree (or equivalent combination of education and experience) in mathematics, actuarial science, business, or a related field preferred. Certification: - ASA or FSA Designation required (see below qualifications for each role.) Experience: - 5+ years of experience sufficient to have gained a seasoned actuarial business perspective required. - Prior modeling experience with GGY AXIS (required). - Hands-on experience with Individual annuities (required. - Asset modeling and Asset Liability Management (ALM) experience (strongly preferred). - Projection and Valuation modeling experience (CFT, LDTI MRB, VM-20, or VM-21) (preferred). - Strong analytical skills, attention to detail, and the ability to own and explain reserve movements. Key Behaviors of a Successful Candidate: Driving success: Independently drives work forward and takes responsibility for achieving job requirements, tasks, and objectives. Approaches business challenges from a broad perspective and anticipates and removes barriers to accomplish business objectives. Contributes actuarial, financial and industry expertise combined with unique product line knowledge and pursues exceptional results that take us “next level”. Improvement Mindset: Acts independently to determine methods and procedures on new assignments. Plays a significant role as a resource/mentor to others in the actuarial career. Viewed as a key resource to the division and providing thought leadership in their key areas of responsibilities. Strives to exceed customer needs. Innovative, brings ideas to life, and seeks continuous improvement. Proactively identifies business issues and develops solutions to resolve them. Approaches business challenges from a broad corporate perspective and assesses business recommendations from a strategic viewpoint. Winning together: Excellent communication skills and the ability to develop positive internal and external stakeholder relationships by consistently and effectively delivering value. Seeks out and encourages diverse perspectives; helps individuals relate to, understand, and accept other perspectives. Adaptability: Ability to take ambiguous tasks and align it to the working model of the team to ensure execution. #LI-Remote Why Join The Standard? We have built an enduring legacy of stability, financial strength and exceptional customer service through the contributions of the service-oriented people who choose to work at The Standard. To ensure we can attract and retain the best talent, when you join The Standard you can expect: - A rich benefits package including medical, dental, vision and a 401(k) plan with matching company contributions - An annual incentive bonus plan - Generous paid time off including 11 holidays, 2 wellness days, and 8 volunteer hours annually — PTO increases with tenure - A supportive, responsive management approach and opportunities for career growth and advancement - Paid parental leave and adoption/surrogacy assistance - An employee giving program that double matches your donations to eligible nonprofits and schools In addition to the competitive salary range below, our employee-focused benefits support work-life balance. Learn more about working at The Standard. - Eligibility to participate in an incentive program is subject to the rules governing the program and plan. Any award depends on a variety of factors including individual and organizational performance. The actual compensation for this role will be based on a combination of education and experience, knowledge and skills, position budget, internal equity, and market data. Salary Range: $137,000.00 - $200,750.00
• Model & Tool Development • Design, build, and validate actuarial and analytic models from the ground up • Develop efficient processes to support business operations, financial reporting, and MA PD bids • Formalize and adhere to team standards for model design and work quality • Continuously refine and improve models based on emerging data and business needs • One-Off & Strategic Analytics • Perform deep-dive, ad hoc analyses to answer complex business questions, displaying high degrees of mathematical rigor and common sense • Translate ambiguous business problems into structured analytical methodologies • Present findings clearly to both technical and non-technical stakeholders to influence business decisions • Own and manage analytic projects from planning to communication of results.
Actuarial Analyst I
Horace MannWe're here for all school employees! Helping them live better and retire happier.
• Analyze financial, market, and industry data using internal and external sources. • Collaborate with cross-functional teams to gather and incorporate business information into actuarial analyses. • Research and respond to inquiries from regulators, rating agencies, auditors, and internal stakeholders. • With direction, perform rate reviews and rate analysis to determine appropriate pricing recommendations. • Support state rate reviews, filing activities, and policy form analysis. • Analyze competitive data, operational metrics, and market trends. • Assist with special pricing projects and maintenance of rating tools and systems. • With direction, provide analysis, generate results, and make recommendations on small special projects. • Assist in large project data cleansing and analysis activities. • Develop and maintain research databases and analytical tools. • Monitor competitive market data and industry trends. • Support analysis and recommendations for loss and loss adjustment expense reserves. • Assist with annual statement reporting, SEC reporting, and other regulatory filings.



