Senior Managing Actuary
The exchange-affected data analytics (EADA) team is part of the retail pricing team and provides risk and membership assumptions and analytics support for the exchange-affected markets, primarily for the individual market. At a high level, this position is currently responsible for reporting financials on a post-risk adjustment basis, being the primary contact for questions about risk score usage, and developing models to assist in projecting risk and membership migration. More specifically, responsibilities for this position will include managing a team of actuaries, developing and maintaining new models that use our latest knowledge of the ACA market to inform assumptions, communicating financial results at detailed and high-level views post-risk adjustment, studying risk score correlations and improving their usage, and managing progress on these initiatives for continuous improvement within our area. Candidate must also possess and demonstrate an expert level understanding of actuarial concepts, multiple actuarial areas and multiple business segments. This role is part of the Actuarial Rotation Program and responsibilities are subject to change.
This position is responsible for managing the implementation, maintenance and critical review and analysis of models, studies and systems which use actuarial principles for the purposes of pricing, underwriting, statistics, reserving, forecasting and other actuarial functions; developing complicated models and teaching others how to develop models; developing written and oral presentations that drive the delivery of information for decision making; and managing complex day-to day projects that may include non-Actuarial departments and external parties. Must also possess and demonstrate a deep understanding of multiple actuarial areas and at least one business segment.
Required Job Qualifications:
•Bachelor degree in Actuarial Science, Mathematics, Statistics or Economics. Other Bachelor (or higher) Degrees may be considered.
•Associate of the Society of Actuaries (ASA) and Membership in the American Academy of Actuaries (MAAA). Compliance with the membership requirements for each professional designation.
•At least 5 years of actuarial experience in the health insurance or related field.
•Verbal and written communications skills to prepare effective documentation, facilitate training and development, and participate in presentations.
•PC proficiency to include Word and Excel.
Preferred Job Qualifications:
•Access, SQL, Visual Basic or other programming skills.
•This position can be based out of Richardson or Chicago.
HCSC is committed to diversity in the workplace and to providing equal opportunity and affirmative action to employees and applicants. We are an Equal Opportunity Employment / Affirmative Action employer dedicated to workforce diversity and a drug-free and smoke-free workplace. Drug screening and background investigation are required, as allowed by law. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.
Requirements: Expertise Actuarial Job Type Full-Time Regular Location IL - Chicago, TX - Richardson
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