Principal Actuary - REMOTE

Lensa; Des Moines (IA); Remote; USD 124,000 - 211,000; Full time

Job summary

A leading career site is seeking a Principal Actuary for a remote position with Prime Therapeutics. The role involves developing actuarial concepts, providing strategic consulting, and leading complex projects. Candidates should have significant actuarial experience, strong analytical skills, and proficiency in relevant tools.

Qualifications

• 8 years of actuarial work experience, including 6 years in a healthcare organization.
• Advanced proficiency in Excel; intermediate in SQL and VBA.
• Strong client consulting presence and excellent presentation skills.

Responsibilities

• Collaborate with underwriters and senior management on pricing initiatives.
• Lead and manage data analyses and complex pharmacy data mining.
• Present results and analyses to stakeholders and clients.

Skills

Quantitative skills

Problem solving

Analytical skills

Project management

Communication skills

Education

Bachelor’s degree in Math, Actuarial Science, Economics or Finance

Actuarial designation (ASA or FSA)

Tools

Excel

SQL

VBA

Job description

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Lensa is the leading career site for job seekers at every stage of their career. Our client, Prime Therapeutics, is seeking professionals. Apply via Lensa today!

Our work matters. We help people get the medicine they need to feel better and live well. We do not lose sight of that. It fuels our passion and drives every decision we make.

Job Posting Title

Principal Actuary - REMOTE

Job Description

The Principal Actuary is responsible for supporting the development of actuarial concepts and providing thought leadership for Prime’s existing and potential owners and clients. This position will collaborate with the Senior Principal Actuary to provide strategic consulting support, manage the development of innovative actuarial modeling concepts, and provide pricing support for all lines of business. This position will also lead complex projects that are highly visible to executives and across the organization.

Responsibilities

• Collaborate as a subject matter expert (SME) with underwriters, other areas of Prime, and senior management on pricing initiatives, data analyses, and the Request For Proposal (RFP) process
• Lead, manage, and review data analyses, reporting, and projections
• Lead, manage, and review ad hoc complex pharmacy data mining and analyses to help investigate and answer challenging questions regarding actuarial data and concepts
• Provide strategic pricing advice on structures and methodology using market research, financial projections, and complex actuarial modeling
• Present results and analyses to key stakeholders, senior management, and clients; answer detailed and challenging questions regarding actuarial data
• Lead and mentor Actuarial team members to enhance actuarial knowledge
• Monitor the Health Policy environment considering the implication of organization pricing policies, law, and political changes that may impact client programs
• Ensure all work is consistent with federal regulations and actuarial standards, as applicable
• Other duties as assigned
  
  

Minimum Qualifications

• Bachelor’s degree in Math, Actuarial Science, Economics or Finance
• 8 years of actuarial work experience to include 6 years in a healthcare organization or PBM
• Actuarial designation (ASA or FSA)
• Must be eligible to work in the United States without need for work visa or residency sponsorship
  
  

Additional Qualifications

• Advanced level of proficiency in Excel; intermediate level of proficiency in SQL and VBA
• Excellent quantitative, problem solving, and analytical skills
• Strong project management and organizational skills
• Excellent verbal and written communication skills
• Strong client consulting presence
• Excellent presentation and facilitation skills
  
  

Preferred Qualifications

• 8 years of actuarial work experience in a healthcare organization or PBM
• Previous experience pricing Commercial, Medicare or Medicaid lines of businesses
• 5 years of experience in SQL and VBA
• Previous experience in model building and underwriting or risk adjusted rate setting, or model development
• Previous experience in identifying, designing, recommending, and implementing efficient, innovative business solutions to clients’ complex pharmacy benefit challenges
  
  

Minimum Physical Job Requirements

• Constantly required to sit, use hands to handle or feel, talk and hear
• Frequently required to reach with hands and arms
• Occasionally required to stand, walk and stoop, kneel, and crouch
• Occasionally required to lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds
• Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus
  
  

Reporting Structure

• Reports to Senior Principal or Senior Director in the Finance department
  
  

Potential pay for this position ranges from $124,000.00 - $211,000.00 based on experience and skills.

To review our Benefits, Incentives and Additional Compensation, visit our Benefits Page (https://www.primetherapeutics.com/benefits) and click on the "Benefits at a glance" button for more detail.

_Prime Therapeutics LLCis proud to be an equal opportunity and affirmative action employer. We encourage diverse candidates to apply, and all qualified applicants will receive consideration for employment without regard torace, color, religion, gender, sex (pregnancy, sexual orientation, and gender identity), national origin, disability, age, veteran status, or any other legally protected class under federal, state, or local law. _

We welcome people of different backgrounds, experiences, abilities, and perspectives including qualified applicants with arrest and conviction records and any qualified applicants requiring reasonable accommodations in accordance with the law.

Prime Therapeutics LLC is a Tobacco-Free Workplace employer.

Positions will be posted for a minimum of five consecutive workdays.

Prime Therapeutics' fast-paced and dynamic work environment is ideal for proactively addressing the constant changes in today's health care industry. Our employees are involved, empowered, and rewarded for their achievements. We value new ideas and work collaboratively to provide the highest quality of care and service to our members.

If you are looking to advance your career within a growing, team-oriented, award-winning company, apply to Prime Therapeutics today and start making a difference in people's lives.

Prime Therapeutics LLCis proud to be an equal opportunity and affirmative action employer. We encourage diverse candidates to apply, and all qualified applicants will receive consideration for employment without regard torace, color, religion, gender, sex (pregnancy, sexual orientation, and gender identity), national origin, disability, age, veteran status, or any other legally protected class under federal, state, or local law.

We welcome people of different backgrounds, experiences, abilities, and perspectives including qualified applicants with arrest and conviction records and any qualified applicants requiring reasonable accommodations in accordance with the law.

Prime Therapeutics LLC is a Tobacco-Free Workplace employer.

If you are an applicant with a disability and need a reasonable accommodation for any part of the employment process, please contact Human Resources at 1.866.469.1257 or email [e-mail].

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  IT Services and IT Consulting

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