Staff Actuary - Valuation

EmblemHealth Inc

New York, NY

JOB DETAILS
SALARY
$77,760–$149,040 Per Year
SKILLS
Actuarial Skills, Analysis Skills, Automation, Cisco ASA (Adaptive Security Appliance), Communication Skills, Content Management Systems (CMS), Finance, Financial Analysis, Financial Trend Analysis, Health Insurance, Managed Care, Mathematics, Medicare, Microsoft Access Database, Microsoft Excel, Microsoft Office, Microsoft Outlook, Microsoft PowerPoint, Microsoft Word, People Management, Performance Management, Physical Science, Pricing, Regulations, Risk, SQL (Structured Query Language), Strategic Planning
LOCATION
New York, NY
POSTED
30+ days ago

REMOTE

Summary of Position

  • Provide the analytical resources necessary for the development of overall pricing and reserve setting strategies.

  • Lead projects to analyze current rate structures and develop improvements and alternatives.

  • Coordinate the actuarial staff as needed to support the activities of the affiliates.

Principal Accountabilities

  • Work closely with Senior Product Management and Finance to analyze financial performance of blocks of business, including membership, trend, and financial analyses.

  • Identify opportunities to improve product performance in collaboration with all areas of the organization.

  • Oversee the development and filing of premium rates for all products with the appropriate regulatory authority (e.g., CMS, New York Dep't of Health).

  • Work closely with Risk Adjustment and other areas to optimize risk adjustment and related programs to increase Emblem's premium revenue for these segments.

  • Supervise and develop direct reports accountable for Medicare and State Sponsored areas, as well as other staff.

  • Regular attendance is an essential function of the job. Perform other duties as assigned or required.

Qualifications

Education, Training, Licenses, Certifications

  • Bachelor's degree in Actuarial Science, Mathematics, other physical science, or related finance/business degree required

  • Associate of the Society of Actuaries (ASA) required

Relevant Work Experience, Knowledge, Skills, and Abilities

  • 5 - 8+ years relevant professional work experience and/or education required

  • 4+ years health insurance actuarial experience, preferably in the managed care industry required

  • Prior management experience (processes and/or staff) preferred

  • A comprehensive understanding of actuarial principles and methodologies; strong mathematical and analytical skills required

  • Ability to communicate effectively with Business leaders required

  • Expert level skills with database, spreadsheet, and analytical software required

  • Proficiency with MS Office (Word, Excel, Access, PowerPoint, Outlook, Teams, etc.) required

  • Strong data querying skills using tools such as SQL or SAS Enterprise Guide preferred

  • Capable with data extraction, simulations, automation required

Additional Information

  • Requisition ID: 1000003124
  • Hiring Range: $77,760-$149,040

About the Company

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EmblemHealth Inc