Sr. Analyst - Actuary

Description

• Put Patients First
• Empower Entrepreneurial Provider and Care Teams
• Operate with Integrity & Excellence
• Be Innovative
• Work As One Team

What You'll Do

• Reserving: Develop and maintain actuarial models to estimate liabilities for Incurred but Not Paid (IBNP) claims across all lines of business (Medicare, Medicaid, and Commercial).
• Financial Planning and Analysis: Support budgeting and forecasting by maintaining and improving P&L models and forecasting tools, as well as developing new tools to identify emerging trends and improve predictive accuracy.
• Cost Trend Evaluation: Manage the Actuarial Trend Model used in operational and financial decision-making and analyze healthcare utilization patterns and cost trends to identify areas for improvement and opportunities for cost savings.
• Actuarial Studies: Develop actuarial studies relating to items such as seasonality, high claim predictive modeling, trend, and inventory levels.
• Audit and Reporting: Maintain, develop, and create ad hoc audit documentation in support of a public company, adhering to SOX compliance standards.
• Infrastructure Development: Build robust analytical infrastructure, including comprehensive reports and dashboards, to monitor expense experience.
• Cross-Functional Collaboration: Work closely with teams across ACO, Analytics, Data, Finance, M&A, Contracting, Medical Economics, and Operations.
• Ad Hoc Analysis: Support a fast-growing company with diverse actuarial projects and requests as they arise.
• Other duties as assigned.

Qualifications

• FSA or ASA credentials or near attainment of ASA credentials.
• 3+ years of experience in actuarial roles.
• 1+ years of experience in VBC or VBC adjacent roles
• Advanced knowledge of Microsoft Excel.
• Intermediate knowledge of SQL.
• Proficiency and desire to build actuarial models from scratch.
• Comfortable working on a small team in a fast-paced environment.

• Understanding of the actuarial continuum (both pricing/forecasting and valuation/reserving).
• Experience with a variety of different LOBs.
• Experience producing public financial reports.
• Experience working on the provider side of healthcare.
• Experience with Databricks, Python.
• Experience in the California healthcare market.
• Champion of independent critical thinking, unafraid to challenge the status quo and explore innovative solutions.

Environmental Job Requirements and Working Conditions

• This position has the option to be remotely based in the U.S. Conversely, candidates can choose to work in a hybrid fashion and work through the Alhambra, CA, Las Vegas, NV, or Houston, TX Astrana Health offices.
• The hiring manager for this role sits in the Eastern Time Zone, while many of the business partners work on Pacific Time.
• The total compensation target pay range for this role is: $100,000 – $135,000. Actual compensation will be determined based on geographic location (current or future), experience, and other job-related factors.
• Astrana Health offers a competitive Actuarial Student Program for any candidate seeking their ASA or FSA credentials.