Medicaid Senior Actuarial Associate

  • 37069
  • Health - Actuarial
  • |
  • California, United States
  • |
  • Mar 17, 2020
Insurance
RESPONSIBILITIES
  • Evaluates product line performance and the risk and appropriateness of assumptions used in product development.
  • Initiates and designs high priority primary research activities on behalf of clients.
  • Addresses opportunities for process improvements and influencing change.
  • Works on projects that require more complex planning and direction setting with diverse and multiple stakeholders.
  • Analyzes the financial risks for various asset/liability matching scenarios and monitors the appropriateness of reserves. Serves as an expert on the current health care market.
  • Helps identify key gaps in knowledge and needed research for Program and Regions.
  • Guides clients away from redundant, non-strategic, cost-ineffective research.
  • Sets priorities for all ad-hoc projects and analyses with key clients.
  • Assists clients in strategic planning, marketplace analysis, estimating growth potential, product research, image and reputation analysis, brand building, and service performance and improvements.
  • Makes initial determinations on reserves, dividend allocations, and surplus forecasts.
QUALIFICATIONS
  • Five years of actuarial experience.
  • Bachelor's degree in mathematics, statistics, computer science.
  • Belongs to the Society of Actuaries with the designation of ASA.
  • Ability to manage large, complex projects and oversee multiple projects at the same time.
  • Ability to apply advanced actuarial methodologies and their applications to solve business problems.
  • Ability to apply advanced principles, theories, and concepts and explain to clients.
  • Strong familiarity with the internal and external statistical plans and sources of data, and the use of spreadsheet applications.
  • Must be able to work in a Labor/Management Partnership environment.
  • Preferred:
  • Experience in both actuarial and business operations preferred.
  • 8 years of health actuarial experience.
  • Medicaid actuarial experience required.
  • Fellow of the Society of Actuaries.
  • Member of the American Academy of Actuaries.
  • Strong technical actuarial skills.
  • Demonstrated ability to communicate and work collaboratively with actuarial teams and non-actuarial business partners.