Health Actuarial Analyst

Brown & Brown; San Diego (CA); On-site; USD 65,000 - 110,000; Full time

Benefits offered by this job

Medical/Rx benefits

Dental benefits

Vision benefits

Life Insurance

Disability Insurance

ESPP

401k

Student Loan Assistance

Tuition Reimbursement

Mental Health Services

Paid Time Off

Job summary

Brown & Brown in San Diego, CA is seeking a Health Actuarial Analyst to join our growing team. The role focuses on managing financial analyses for actuarial projects, strategy development for benefit programs, and ensuring regulatory compliance.

You will assist in data gathering, basic analyses and cost projections using Excel and related tools, while researching industry trends and providing creative solutions for clients.

Qualifications

• Bachelor’s degree in actuarial or quantitative field required.
• Excellent quantitative, analytical, and problem-solving skills.
• At least two actuarial exams passed.
• Strong ability to compile, analyze and interpret financial data for decision-making.
• Excellent communication, interpersonal, and organizational skills.

Responsibilities

• Assist in basic actuarial/quantitative analysis projects to assess costs, rates, risks and trends.
• Gather, organize, and check data for accuracy and reasonableness.
• Assist in performing basic analysis and cost projections using Excel and other tools.
• Prepare reports for data trend analyses and summarize findings.
• Research industry, regulatory, and legislative trends for risk and cost calculations.
• Foster relationships with teammates across all levels of Brown & Brown and Piper Jordan.
• Ensure compliance with government agencies and corporate policies.
• Attend training to maintain up-to-date skills.
• Maintain confidentiality and handle sensitive information.

Skills

Quantitative skills

Communication

Team player

Education

Bachelor’s Degree in Actuarial Science, Mathematics, Finance, Economics, or Statistics

Tools

Excel

PowerPoint

Access

VBA

Python

R

Job description

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

Brown & Brown is seeking a Health Actuarial Analyst to join our growing team in San Diego, CA!

The Health Actuarial Analyst will manage financial analyses for actuarial projects, assist in strategy development for various benefit programs, while ensuring compliance with regulations and corporate policies. Additionally, they will research industry trends, provide creative solutions for clients.

How You Will Contribute

• Assist in basic actuarial/quantitative analysis projects in order to assist in assessing and calculating costs, rates, risks and trends associated with underwriting health and welfare insurance, brokering contracts, or projecting health care related costs
• Gather, organize, and check customer or vendor data for accuracy, validity, and reasonableness, and assist in identifying any discrepancies
• Assist in performing basic analysis and cost projections by using or modifying existing products, tools, and pricing models in Excel and other software
• Assist in preparation of reports for data trend analyses in order to summarize findings and recommend a strategy, solution, or plan design to customers
• Research industry, regulatory, and legislative trends for calculating risk, liability, and cost for customer or government reports
• Add value by implementing creative solutions for our customers
• Foster and seek relationships with teammates across all levels of Piper Jordan and Brown & Brown
• Ensure compliance with government agencies and corporate policies and procedures
• Attend training sessions, courses, etc. to maintain up-to-date skills
• Always conduct the highest level of confidentiality
• Other duties as needed

Skills & Experience To Be Successful

• Bachelor’s Degree in Actuarial Science, Mathematics, Finance, Economics, or Statistics, required
• Excellent quantitative, analytical, and problem-solving skills
• At least two actuarial exams passed
• Exemplary ability to compile, analyze, and interpret financial information and data to facilitate decision-making.
• Superior communication, interpersonal and organizational skills
• Advanced knowledge of Microsoft Products (PPT, Excel) (Access & VBA are a plus)
• Knowledge of Python/R is a plus
• Team player mentality

Pay Range

$65,000 - $110,000 Annual

The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.

Teammate Benefits & Total Well-Being

We go beyond standard benefits, focusing on the total well-being of our teammates, including:

• Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
• Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
• Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
• Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.

Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.

The Power To Be Yourself

As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”.