Actuarial Associate (Full-time Remote, North Carolina Based)

Alliance Health; Morrisville (NC); Remote; USD 79,000 - 101,000; Full time

Benefits offered by this job

Generous retirement savings plan

Flexible hybrid/remote options

Paid time off including vacation, sick

Dress flexibility

Job summary

Alliance Health is seeking an Actuarial Associate for a full-time remote role based in North Carolina (Morrisville area). The candidate will analyze data, build models, and support rate-setting and value-based contracts while collaborating with internal and external stakeholders.

Required: a Bachelor's in Actuarial Science, Mathematics, or related field, 3+ years actuarial experience, and SOA exams. Some travel to the Home office may be required for onsite meetings.

Qualifications

• Bachelor’s degree in Actuarial Science, Mathematics, Business, or related field from an accredited college/university and at least three (3) years of related experience in an Actuarial capacity.
• Candidate must have passed at least 2 Society of Actuary (SOA) Actuarial Examinations.
• Experience with Financial Close Processes and Health Plan experience preferred.

Responsibilities

• Risk Assessment and Modeling: Evaluate information to determine the potential risks of certain events and their financial impact on the organization.
• PMPM Development / Monitoring: Analyze actual vs budgeted PMPM rates by Category of Service and evaluate the causes of healthcare expense patterns.
• IBNR Calculations: Support the development, maintenance, and preparation of IBNR models, lag schedules and liability calculations.
• Value-Based Contracts: Assist in the development of Value Based Contract assessment and reporting; Undertake financial reconciliation for risk sharing agreements.
• Rate Setting: Become an internal SME on State Rate developments and analyze the rate book provided by the state to validate assumptions.
• Documentation and Process: Assist the Actuarial Function in the creation of documented procedures to support Completion and IBNR.
• Socialization and Presentation: Present and communicate complex statistical and mathematical information to others; Develop and present strategies and solutions that manage risk and costs.

Skills

SQL

Microsoft Office

Organization

Complex Problem Solving

Training/Presentation

Education

Bachelor's in Actuarial Science

Bachelor's in Mathematics

Bachelor's in Business Management

Job description

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Actuarial Associate (Full-time Remote, North Carolina Based)

• Posted on October 23, 2026

Locations

Showing 1 location

Home Office
Morrisville, NC 27560, USA

• Remote
• Financial Operations
• Full-Time
• Requisition #: ACTUA003616

Description

TheActuarial Associate will analyze and interpret data related to cost, membership, capitation, Rate-setting, Incurred But Not Reported (IBNR) and other items as needed. They will use SQL/excel etc. to model data and assess financial risk and help develop exhibits to assist in the socialization of financial outcomes.

The Actuarial Associate will also serve as a subject matter expert to internal and external stakeholders and partner with teams to produce actionable insights.

This position is full-time remote. Some travel for onsite meetings to the Home office may be required for meetings.

Responsibilities & Duties

Risk Assessment and Modeling

• Evaluate information to determine the potential risks of certain events and their financial impact on the organization
• PMPM Development / Monitoring - Analyze actual vs budgeted PMPM rates by Category of Service and evaluate the causes of healthcare expense patterns

IBNR Calculations

• Support the development, maintenance, and preparation of IBNR models, lag schedules and liability calculations
• Adjust and refine IBNR models based on changes in the organization, the environment, or additional risks that may arise

Value-Based Contracts

• Assist in the development of Value Based Contract assessment and reporting
• Undertake financial reconciliation for risk sharing agreements
• Evaluate feasibility / opportunity for ‘New’ VBC arrangements

Rate Setting

• Become an internal SME on State Rate developments
• Analyze the rate book provided by the state to validate assumptions

Documentation and Process

• Assist the Actuarial Function in the creation of documented procedures to support Completion and IBNR

Socialization and Presentation

• Present and communicate complex statistical and mathematical information to others
• Develop and present strategies and solutions that manage risk and costs

Education & Experience

Required :

Bachelor’s Degree in Actuarial Science, Mathematics, Business, or related field from an accredited college/university and at least three (3) or more years of related experience in an Actuarial capacity

Candidate applying for this job is required to have passed at least 2 Society of Actuary (SOA) Actuarial Examinations

Preferred :

Experience with Financial Close Processes is preferred

Experience supporting Health Plan is preferred

Knowledge, Skills, & Abilities

• Training/Presentation
• Microsoft Office Package
• Organization
• Complex Problem Solving
• SQL

Employment for this position is contingent upon a satisfactory background and credit check, which will be performed after acceptance of an offer of employment and prior to the employee's start date.

Salary Range

$79,425-$101,267/Annually

Exact compensation will be determined based on the candidate's education, experience, external market data and consideration of internal equity.

An excellent fringe benefit package accompanies the salary, which includes:

• Generous retirement savings plan
• Flexible work schedules including hybrid/remote options
• Paid time off including vacation, sick leave, holiday, management leave
• Dress flexibility

Qualifications

Education

Required

Bachelors or better in Business Management.

Bachelors or better in Mathematics.

Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.