Actuarial Analyst II - Remote

Sentara; England; Remote; USD 60,000 - 102,000; Full time

Job summary

An established industry player is on the lookout for a dedicated Actuarial Analyst II to join their remote team. This role offers the opportunity to engage in critical actuarial functions, including IBNR calculations and rate development for government programs. With a focus on professional growth, the position supports ongoing education and offers a comprehensive benefits package. If you have a passion for data analysis and a drive to contribute to healthcare solutions, this is the perfect opportunity for you.

Benefits

Health Plans

Paid Time Off

Parental Leave

Disability Insurance

Life Insurance

401(k) Match

Tuition Assistance

Student Debt Repayment

Professional Development

Pet Insurance

Qualifications

• At least 2 years of actuarial analysis experience required.
• Completion of three actuarial exams with ongoing progress towards SOA credential.

Responsibilities

• Assist with IBNR calculation, rating factors, and rate development.
• Provide actuarial input to management and report on financial status.

Skills

Actuarial Analysis

IBNR Calculation

Rate Development

Pricing Support

Medicare Advantage

Managed Medicaid Evaluation

Education

Bachelor's Degree

Job description

City/State

Norfolk, VA

Work Shift

First (Days)

Overview:

Sentara Health is currently seeking a full-time remote Actuarial Analyst II.

Position Status: Full-time, Day Shift

Remote opportunities available in the following states: Virginia, North Carolina, Alabama, Delaware, Florida, Georgia, Idaho, Indiana, Kansas, Louisiana, Maine, Maryland, Minnesota, Nebraska, Nevada, New Hampshire, North Dakota, Ohio, Oklahoma, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Washington (state), West Virginia, Wisconsin, Wyoming.

Standard Working Hours: 8:00 AM to 5:00 PM

Responsibilities:

• Assist with functions typical of a qualified health actuary including IBNR calculation, rating factors, rate development, and filings for the BOI.
• Develop and maintain rates for government programs and support new product development.
• Provide actuarial input to management and report on financial status of products.

Minimum Qualifications:

• At least 2 years of actuarial analysis experience.
• Completion of three actuarial exams with ongoing progress towards SOA credential.
• Experience in at least three of the following areas:
• IBNR and reserve setting
• Pricing and filing support for various group products
• Medicare Advantage bid filing
• Managed Medicaid evaluation
• Provider contract and profit/withhold evaluations
• Product experience monitoring
• Reinsurance/stop-loss reporting

Education:

• Bachelor's degree

Compensation and Benefits:

Base salary ranges from $60,756 to $101,254, with additional incentives and benefits including health plans, paid time off, parental leave, disability, life insurance, 401(k) match, tuition assistance, student debt repayment, professional development, pet insurance, legal resources, and potential annual bonuses.

Equal Opportunity Statement:

Sentara Health celebrates diversity and is an equal opportunity employer. It supports a tobacco-free environment in line with its mission to improve health daily.