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Associate Actuarial Analyst - Remote
Company | Prime Therapeutics |
Address | Minneapolis, MN, United States |
Employment type | FULL_TIME |
Salary | |
Category | Insurance,Hospitals and Health Care,Pharmaceutical Manufacturing |
Expires | 2023-05-30 |
Posted at | 1 year ago |
Our work matters. We help people get the medicine they need to feel better and live well. We do not lose sight of that. It fuels our passion and drives every decision we make.
Job Posting Title
Associate Actuarial Analyst - Remote
Summary
Provides the Actuarial team support in one or more of the company's health plans, in areas of rate adequacy, claims reserving, cost of care forecasting and planning. Responsible for maintaining complex cost models and the preparation of required regulatory reporting while operating in a fast-paced, small team environment.
This role analyzes high-cost drug trends and the impacts of management strategies for health plan clients. The ideal applicant brings analytical skills and intellectual curiosity to a team of underwriters, business analysts, and actuaries.
Work Experience - Required
Actuarial
Work Experience - Preferred
Education
Education - Required
Bachelors - Actuarial Science, Bachelors - Mathematics
Education - Preferred
Certifications
Certifications - Required
Certifications - Preferred:
Potential pay for this position ranges from $59,610.00 - $95,370.00 based on experience and skills. Pay range may vary by 8% depending on applicant location.
To review our Benefits, Incentives and Additional Compensation, visit our Benefits Page and click on the "Benefits at a glance" button for more detail.
Prime Therapeutics LLC is an Equal Opportunity Employer. We encourage diverse candidates to apply and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy), sexual orientation, gender identity or expression, genetic information, marital status, family status, national origin, age, disability, veteran status, or any other legally protected class under federal, state, or local law.
Job Posting Title
Associate Actuarial Analyst - Remote
Summary
Provides the Actuarial team support in one or more of the company's health plans, in areas of rate adequacy, claims reserving, cost of care forecasting and planning. Responsible for maintaining complex cost models and the preparation of required regulatory reporting while operating in a fast-paced, small team environment.
This role analyzes high-cost drug trends and the impacts of management strategies for health plan clients. The ideal applicant brings analytical skills and intellectual curiosity to a team of underwriters, business analysts, and actuaries.
- Supports actuarial activities in regard to monthly financial close process.
- Performs medical cost analyses as needed.
- Develops and/or maintains analytical cost models in support of claims reserving, forecasting, reporting or similar.
- Provides actuarial market support for one or more of the company's full-risk managed health plan programs.
- Provides pricing analytics supporting state and/or federal governing agency engagement on rate setting issues.
- Supports actuarial aspects of required health plan regulatory reporting.
- 2 - 5 years of actuarial or relevant experience required; ASA exam results and completions will be considered.
- Requires strong analytic, data manipulation, and spreadsheet skills.
- Active pursuit of actuarial designation (ASA-Associate of the Society of Actuaries/FSA-Fellow of the Society of Actuaries) preferred.
- Strong analytics and hands-on data manipulation skills.
- Ability to effectively apply independent data validation to work.
- Strong communication skills.
- Strong spreadsheet skills required.
- Experience with data manipulation tools (SQL/SAS or similar) required.
- Ability to work collaboratively with cross-functional teams
- Experience working in comprehensive managed health care plan environment preferred
- Experience working in Managed Medicaid and/or Medicare plan preferred.
Work Experience - Required
Actuarial
Work Experience - Preferred
Education
Education - Required
Bachelors - Actuarial Science, Bachelors - Mathematics
Education - Preferred
Certifications
Certifications - Required
Certifications - Preferred:
Potential pay for this position ranges from $59,610.00 - $95,370.00 based on experience and skills. Pay range may vary by 8% depending on applicant location.
To review our Benefits, Incentives and Additional Compensation, visit our Benefits Page and click on the "Benefits at a glance" button for more detail.
Prime Therapeutics LLC is an Equal Opportunity Employer. We encourage diverse candidates to apply and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy), sexual orientation, gender identity or expression, genetic information, marital status, family status, national origin, age, disability, veteran status, or any other legally protected class under federal, state, or local law.
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