Senior Actuarial Associate

Job Description:

Provides actuarial and underwriting expertise, and contributes to the organization's financial soundness. Applies actuarial and underwriting principles to the design and financial management of health care benefit programs and financing systems.



Job Essentials

1. Provides direction and oversight of product design and rating structures for new and existing products and all associated internal / external systems and state filing requirements.

2. Coordinates and develops all required rate and compliance certifications, and ensures a cooperative and effective relationship with Insurance Departments of State governments.

3. Provides direction and oversight for the development and maintenance of analysis, forecasting, and reporting of claims experience and trends, both in aggregate and various components.

4. Analyzes and develops financial statement reserves and other liabilities including IBNR, contingent settlements, incentive and risk-share payments, reinsurance claims and other third-party claims and liabilities, etc.

5. Provides input and support for internal and external audits and reporting.

6. Provides direction and oversight of development and maintenance of analysis, forecasting, and reporting of budget projection inputs, both in aggregate and various components.

7. Analyzes, develops and maintains administrative expense models.

8. Provides direction and oversight of development, analysis, and reporting of facility, physician, and other provider reimbursement structures. Models and services utilization information.

9. Coordinates and develops Retiree Drug Subsidy data reporting and submissions.

10. Designs, develops, and maintains data extracts and complex queries and on-line data analysis and reporting tools.

Minimum Qualifications

Bachelor's degree in math, statistics, computer science, economics or finance obtained through an accredited institution. Education is verified.

Current Fellow of the Society of Actuaries (FSA)
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Member of American Academy of Actuaries or Society of Actuaries.

Eight years of relevant actuarial experience, including benefit design, financing systems and valuation.

Preferred Qualifications

Excellent analytical skills. Experience working with sales and insurance brokerage consultants.
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Strong verbal and written communication skills.
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Supervisory/managerial experience.
 

Physical Requirements:

SH only

Interact with others requiring employee to verbally communicate as well as hear and understand spoken information.
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Operate computers, telephones, office equipment, and manipulate paper requiring the ability to move fingers and hands.
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See and read computer monitors and documents.
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Remain sitting or standing for long periods of time to perform work on a computer, telephone, or other equipment.

Location:

SelectHealth - Murray

Work City:

Murray

Work State:

Utah

Scheduled Weekly Hours:

40

The hourly range for this position is listed below. Actual hourly rate dependent upon experience. 

$58.62 - $90.48

We care about your well-being – mind, body, and spirit – which is why we provide our caregivers a generous benefits package that covers a wide range of programs to foster a sustainable culture of wellness that encompasses living healthy, happy, secure, connected, and engaged.

Learn more about our comprehensive benefits package here.

Intermountain Health is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

At Intermountain Health, we use the artificial intelligence ("AI") platform, HiredScore to improve your job application experience. HiredScore helps match your skills and experiences to the best jobs for you. While HiredScore assists in reviewing applications, all final decisions are made by Intermountain personnel to ensure fairness. We protect your privacy and follow strict data protection rules. Your information is safe and used only for recruitment. Thank you for considering a career with us and experiencing our AI-enhanced recruitment process.

All positions subject to close without notice.