Actuarial Skills, Analysis Skills, Compensation and Benefits, Cost Analysis, Data Analysis, Data Management, Data Processing, Data Quality, Data Sets, Financial Analysis, Financial Projections, Forecasting, Funding, Health Plan, Healthcare, Quality Assurance, Quantitative Analysis, Quantitative Research, Reconciliation, Risk Analysis, Statistics, Test Scenario, Testing, Trend Analysis
The Health Actuarial Analyst Senior is responsible for supporting the actuarial, statistical, and financial analysis for the TRS health benefit programs. The incumbent will support actuarial studies. valuation support, data analysis, and assumption testing. This position will proactively work with the Health Actuary team, Health staff, and agency employees.
This is a hybrid position at our Austin, TX headquarters. All applicants must reside in the state of Texas upon employment and continue to reside in Texas throughout employment with TRS.
WHAT YOU WILL DO:
Data and Actuarial Analysis
- Performs complex actuarial and quantitative analyses related to healthcare costs, enrollment trends, utilization patterns, contribution strategies, and benefit program performance, with guidance from credentialed actuarial staff.
- Supports financial impact assessments and analyzes proposed plan design, policy, funding, or operational changes by producing models, summarizing results, and identifying key cost drivers.
- Conducts experience studies, trend analyses, forecasting, scenario testing, and financial evaluations to support actuarial projects and business decisions.
- Develops, analyzes, and tests assumptions used in actuarial studies and forecasting models and provides supporting analysis for actuarial review.
- Identifies trends, risks, anomalies, and opportunities through quantitative analysis and research.
Data Management and Validation
- Reconciles, validates, edits, and prepares complex datasets for actuarial analysis, financial projections, and analytical studies.
- Reviews source data for completeness, accuracy, and consistency and resolves discrepancies with internal stakeholders and external partners.
- Supports actuarial processes through data preparation, testing, reconciliation, and quality assurance activities.
- Maintains documentation of data sources, validation procedures, assumptions, and methodologies to support transparency and auditability.
Performs related work as assigned.
T
Teacher Retirement System of Texas