What are the responsibilities and job description for the Associate Actuary - Actuarial Healthcare Analytics (Remote or Hybrid - Troy, MI) - Health Alliance Plan position at Actuarial Healthcare Analytics (Remote or Hybrid - Troy, MI) - Health Alliance Plan - Henry Ford Health - Careers Careers?
GENERAL SUMMARY:
Associate Actuary, Actuarial and Healthcare Analytics is an entry level actuarial analyst position that supports the development of actuarial studies and analyses and works to develop efficient processes and applies actuarial techniques and statistical analysis to several functions, including insurance premium and pricing development, risk scoring, claim trend analysis, experience studies, medical economics, profitability analysis, wellness studies, predictive modeling, or claim reserving.
PRINCIPLE DUTIES AND RESPONSIBILITIES:
- Supports modeling development of revenue and claim estimates including but not limited to risk scores & adjustments, trend, claim reserves, premium deficiency reserves, drug rebates and reinsurance recoveries and reserves.
- Generates pricing metrics for profitability management, benchmark analytics and modeling.
- Supports the development of studies, analyses, and presentation materials needed to appropriately inform decision makers. Make appropriate recommendations to Actuarial management.
- Manage own time and resources across many projects, focusing on quality, time, scope, usefulness, and appropriateness of work. Carry out recurring projects with minimal assistance and oversight. Keep manager informed.
- Implement analytic techniques and predictive models to support medical cost reduction and health cost initiatives.
- Other duties as assigned.
EDUCATION/EXPERIENCE REQUIRED:
- Bachelor's Degree in Actuarial Science, Mathematics, Statistics or closely related field.
- At least one (1) year of experience in an Actuarial role or insurance data scrubbing, data testing and analysis role.
- Proficiency in Excel, especially in model development.
- Experience with data visualization preferred.
- Possesses and applies knowledge of actuarial principles, concepts, practices and processes within multiple fields or disciplines.
- Possesses expertise to complete complex assignments and ability to visualize, articulate, and solve complex problems.
CERTIFICATIONS/LICENSURES REQUIRED: - One to two (1-2) Actuarial Exams
Additional Information
Healthcare Analytics Analyst II - Client Reporting (Remote) - Health Alliance Plan
Henry Ford Health System -
Troy, MI
Actuarial Analyst I - Health Alliance Plan
Henry Ford Health System -
Troy, MI
Actuarial Analyst I - Health Alliance Plan
The Henry Ford Health System -
Troy, MI