Sr Actuarial Analyst

3+ months agoPrinceton, NJ

The Senior Actuarial Analyst is responsible for coordinating and performing Medicare Part C/D Bids analysis and the quarterly forecast for all lines of business, as well as monitoring performance of product line against the budget/forecast each month. This individual builds and maintains all Medicare Part C/D models and works closely with Budget quarterly in the preparation of any forecast presentations.

Job Description

Duties and Responsibilities:

  • Supporting Annual Medicare Part C/D Bids
  • Monitoring performance on Medicare lines of business and update forecasts as appropriate
  • Compare actual monthly results to latest forecasts as well as budget
  • Build and maintain Healthfirst's Part C/D bid pricing model
  • Co-ordinate input from Product and Finance for each of our quarterly forecast process
  • Co-ordinate with Budget to put together any presentations for budget/forecast each quarter
  • Other ad-hoc analysis on all lines of business
Required Qualifications:
  • Bachelor's degree in Actuarial Science, Math, Economics or any related degree
  • Work experience within Managed Care, Medicare/Commercial Healthcare or Hospital in the actuarial field
  • Experience with budget/forecast and relevant methodologies, IBNR analysis, product and segment analysis
  • Work experience in actuarial analysis of Medicare products
  • Ability to define fields, create databases, create queries on multiple reports in Microsoft Access
  • Ability to create pivot tables, v-lookups and creating macros in Microsoft Excel
  • Work experience with financial reporting, modeling and valuation
  • Ability to collect, analyze and summarize qualitative/quantitative data analytics, specifically managing complex actuarial tasks that have a large financial or risk impact
  • Strong planning and organizational skills, with an ability to establish a strategic direction and subsequently outline initiatives
  • Strategic thinker, creative, innovative, and execution focused turning ideas into measurable meaningful results
Preferred Qualifications:
  • Passed at least two actuarial exams
  • Ability to build consensus across various business units
  • Ability to work on multiple projects
  • Experience working with cross-functional teams
  • Experience in SAS/SQL/Excel
WE ARE AN EQUAL OPPORTUNITY EMPLOYER. Applicants and employees are considered for positions and are evaluated without regard to race, color, religion, gender, gender identity, sexual orientation, national origin, age, genetic information, military or veteran status, marital status, mental or physical disability or any other protected Federal, State/Province or Local status unrelated to the performance of the work involved.

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Job ID: healthfirst-R009523-1