Actuarial Analyst I at Point32Health in Canton, MA

Job description

• The Actuarial Analyst I support the analysis and data needs for a broad range of financial and actuarial functions. This support will include rate reviews, financial planning and projections, trend analysis, product development, provider reimbursement analysis, fee schedule development, provider risk analysis, and medical cost containment analysis. This role will work closely with a variety of departments including underwriting, sales, contracting, and medical management.Familiarity with the health insurance industry as well as experience in relational databases, data warehouses, Excel and statistical modeling as well as strong interpersonal skills are required. The position is eligible to participate in the Actuarial Student Program, including job rotations every 18-36 months and comprehensive support of the pursuit of Fellowship in the Society of Actuaries.
• Job Description

Responsibilities

• Planning, Design, Project/Process Management
• Performs analytic project work assigned by manager
• Provides input into analytic project plan development
• Technical Analysis
• Uses data systems and query tools to complete work projects, primarily by modifying existing code and tools
• Checking/Validation/Peer Review
• Performs basic checks for data consistency, according to defined criteria
• Analysis/Interpretation
• Examines and interprets results in the context of the specific business questions being addressed
• Communication/Presentation of Results
• Packages results to demonstrate how the analysis answers identified questions
• Other projects and duties as assigned.

Requirements

• Education, Certification and Licensure
• College degree required.
• Completion of 1-3 actuarial exams
• 1 – 3 years’ demonstrated experience in analytic work
• Experience in the use of personal computers, relational databases, statistical packages, spreadsheet and/or database applications
• Well-developed verbal and written skills
• Able to operate in a matrix environment
• Able to follow Actuarial department standards and processes
• Receives regular management oversight of all tasks, projects and processes
• Applies own judgment to limited analytical/technical issues
• Must be able to work cooperatively as a team member.

Skills

Required

• Well-developed verbal and written skills
• Able to operate in a matrix environment

Benefits

• $61,296.77 -$91,945.15
• The annual base salary range provided for this position represents a range of salaries for this role and similar roles across the organization. The actual salary for this position will be determined by several factors, including the scope and complexity of the role; the skills, education, training, credentials, and experience of the candidate; as well as internal equity. As part of our comprehensive total rewards program, colleagues are also eligible for variable pay. Eligibility for any bonus, commission, benefits, or any other form of compensation and benefits remains in the Company's sole discretion and may be modified at the Company’s sole discretion, consistent with the law.
• Point32Health offers their Colleagues a competitive and comprehensive total rewards package which currently includes:
• Medical, dental and vision coverage
• Retirement plans
• Paid time off
• Employer-paid life and disability insurance with additional buy-up coverage options
• Tuition program
• Well-being benefits
• Full suite of benefits to support career development, individual & family health, and financial health
• For more details on our total rewards programs, visit https://www.point32health.org/careers/benefits/