Actuarial Analyst_III

Axelon Services Corporation

Hopewell, NJ(remote)

JOB DETAILS
SKILLS
Actuarial Skills, Analysis Skills, Business Strategy, Cisco ASA (Adaptive Security Appliance), Communication Skills, Financial Analysis, Flexible Spending Accounts, Forecasting, Leadership, Mathematics, Medicare, Microsoft Excel, Presentation/Verbal Skills, Pricing, Profit & Loss Analysis, Profit & Loss Forecasting, Regulations, SQL (Structured Query Language), Statistics, Writing Skills
LOCATION
Hopewell, NJ
POSTED
8 days ago


Summary:

  • Work Mode: 100% Remote
  • Location: New Jersey, New York, Pennsylvania, Connecticut, or Delaware


Responsibilities:

  • Support actuarial pricing for the Medicare Advantage bid process and forecasting in collaboration with department leadership.
  • Develop a robust suite of internal tools for the bid process, member-level and cohort-level profitability analysis, and detailed forecasting.
  • Conduct forecasting and profitability analysis.
  • Perform ad-hoc analyses such as assessing the impact of Star rating changes, benefit changes, or other modifications.
  • Investigate and communicate variances and drivers of forecasts to department leaders.
  • Provide strategic insights regarding overall business strategy, incorporating product knowledge and Medicare Advantage market dynamics.
  • Supervise and train junior actuaries as needed.


Requirements:

  • Bachelor's degree in Mathematics, Statistics, Actuarial Sciences, or a related field from an accredited college or university.
  • 5 years of experience in Medicare Advantage actuarial bid pricing.
  • Associate of the Society of Actuaries (ASA) or Fellow of the Society of Actuaries (FSA) preferred.


Preferred Skills:

  • Expert knowledge of Excel.
  • Advanced proficiency with SAS or SQL.
  • Expert knowledge of Medicare Advantage bid regulations and instructions.
  • In-depth knowledge of the Medicare Advantage industry.
  • Excellent oral and written communication skills.
  • Strong analytical thinking and mathematical skills.
  • Good judgment and problem-solving skills.
  • Strong leadership skills.

About the Company

A

Axelon Services Corporation