Health Actuary

Risk & Regulatory Consulting LLC; United States; On-site; USD 140,000 - 200,000; Full time

Job summary

Risk & Regulatory Consulting LLC is seeking an experienced Actuarial Consultant to join our team, focusing on regulatory consulting and health insurance engagements. You will work with industry professionals and grow professionally.

The role involves client engagements, regulatory projects, financial exams, rate filing reviews, and research, with emphasis on accuracy, budgets, and timelines. Strong analytical, communication, and programming skills with ACA familiarity are valued.

Qualifications

• Bachelor's degree in Mathematics, Actuarial Science, Economics, or Statistics; MBA and/or professional certification preferred
• Minimum 7+ years of experience in a state insurance department, health insurer, finance, or consulting
• ASA/FSA/MAAA designations strongly preferred
• Experience with ACA and ACA pricing preferred
• Experience with Medicare Supplement products preferred
• Strong attention to detail and ability to analyze complex information
• Knowledge of health rating, underwriting, financial modeling, risk management, pricing, and reinsurance
• Excellent written communication and ability to present to technical and non-technical audiences

Responsibilities

• Work as part of a team on regulatory consulting and other insurance engagements
• Act as health actuarial consultant on client engagements including financial exams and rate filing reviews
• Adhere to project budgets and timelines
• Communicate actuarial concepts clearly to clients and internal teams

Skills

Actuarial concepts

Financial modeling

Regulatory knowledge

Communication skills

Data analysis

Project management

Education

Bachelor's degree in Mathematics/Actuarial Science/Economics/Statistics

MBA and/or professional certification

ASA/FSA/MAAA designation

Tools

Visual Basic

MS Excel

R (R-Studio)

Python

Job description

Specific Duties and Responsibilities

(Responsibilities may vary slightly depending on seniority level)

As an Actuarial Consultant you will work with a team of industry professionals on regulatory consulting and other insurance industry engagements. This position has opportunity for advancement as well as personal and professional growth.

Serve as health actuarial consultant on client engagements including; potential work on financial exams, rate filing reviews, special studies and research projects, adhere to project budget and timelines.

Requirements

• Bachelor's Degree in Mathematics, Actuarial Science, Economics, or Statistics; MBA and/or professional certification/s preferred
• Minimum of 7+ years professional experience in a state insurance department, health insurance company, financial services or consulting firm
• Prior consulting and/or regulatory experience is preferred
• ASA, FSA, MAAA designations strongly preferred
• Experience with Affordable Care Act (ACA) preferred, and ACA pricing is strongly preferred
• Experience with Medicare Supplement products is preferred
• Strong attention to detail with the ability to analyze complex information, identify inconsistencies, and produce accurate, high-quality work products.
• Knowledge of actuarial concepts including: health rating, underwriting, financial modeling and analysis, risk management, pricing, and reinsurance.
• Demonstrated intellectual curiosity and a proactive desire to learn, adapt, and develop expertise in new actuarial, regulatory, and industry topics.
• PC skills, including experience in using software for producing presentations, spreadsheets, and project planning (skills in Visual Basic, MS Excel, R programming/R-Studio, Python and other applications are a plus)
• Ability to communicate complex actuarial concepts clearly, concisely, and accurately to both technical and non-technical audiences.
• Excellent organizational skills and the ability to prioritize multiple tasks, projects and assignments
• Exceptional written communication skills, including the ability to prepare detailed, organized, and well-supported analyses, reports, and client deliverables.
• Must be self-motivated and possess a sense of urgency with a Natural curiosity and eagerness to continuously learn, ask thoughtful questions, and expand knowledge of the health insurance and regulatory environment.
• Ability to demonstrate ethical and professional standards as outlined by the Firm