Associate Actuary, Spa Rx

The Associate Actuary, SPA RX will be mainly responsible for supporting the pricing work related to our standalone Prescription Drug Plans (PDPs). This includes both bid development and reforecasts throughout the year. In addition, this position will also include various other ad hoc assignments related to Medicare Part D forecasting, pricing, and analysis.

Responsibilities

Responsibilities

The Associate Actuary role in this position will include the following main responsibilities:

• Quantifying and reporting impacts of assumption changes between forecasts
• Preparing the PDP bids and Supporting Documentation for the initial and all subsequent submissions
• Maintaining and improving pricing tools
• Performing analyses in order to optimize financial performance of PDP offerings
• Working with various departments and groups to develop and document the pricing assumptions used in preparation of PDP bids and Supporting Documentation

Required Qualifications

• Highly motivated and willing to learn
• MAAA
• Meets eligibility requirements for Humana's Actuarial Professional Development Program (APDP)
• Associate of Society of Actuaries (ASA) designation
• Bachelor's Degree
• Strong communication and interpersonal skills

Preferred Qualifications

• Power BI experience
• Three or more years of Medicare experience
• Ability to work independently
• SAS experience
• Three or more years of Actuarial Healthcare Experience
• Strong analytical skills

Scheduled Weekly Hours

40