Actuarial Analyst

  • 32565
  • Life - Actuarial
  • |
  • California, United States
  • |
  • Apr 7, 2017
Consulting Company
RESPONSIBILITIES
  • Collect data from fund office, TPA, or other agencies.
  • Analyze census data and prepare it for long-term projections.
  • Analyze self-funded experience, use to set initial per-capita costs and self-pays.
  • Update demographic and economic assumptions.
  • Price amendments to underlying benefits using manual rating software.
  • Program valuation software, including projection of cost-sharing arrangements.
  • Write client reports, including exhibits for public and single-employer accounting.
  • Perform post-valuation studies for prefunding, cost-shifting, or benefit changes.
  • Prepare/analyze health plan statistical, financial, budgeting, and other specialized reports as needed.
  • Calculate self-funded plans costs, IBNP reserves, COBRA rates, and employer contribution rates.
  • Obtain, review, and negotiate renewals with vendors.
  • Estimate effect of benefit changes.
  • Draft Plan Documents, SPD’s, and other participant communications.
  • Prepare RFP’s and periodic client reports on plan operations/performance.
QUALIFICATIONS
  • Two or more years of relevant job experience.
  • Bachelor degree preferred, actuarial exam progress a plus.
  • Proficient in Microsoft Excel/Word/Outlook.
  • Familiar with financial projections and analysis.
  • Conversant in healthcare terminology (and related legislation a plus).
  • Familiar with a programming language (and OPEB valuation software a plus).
  • Excellent verbal/written communication skills.
  • Adept at multi-tasking, organizing data, and attending to details.
  • Able to develop professional relationships both internally and externally.