Remote Actuarial Associate: IBNR & Rate Setting

Alliance Health; North Carolina; Remote; USD 79,000 - 101,000; Full time

Benefits offered by this job

Medical, Dental, Vision, Life, Long Tr

Generous retirement savings plan

Flexible work schedules including híbr

Paid time off including vacation, sick

Dress flexibility

Job summary

Alliance Health is seeking an Actuarial Associate to analyze data on cost, membership, capitation, rate-setting and IBNR. You will use SQL and Excel to model financial risk and develop exhibits that inform stakeholders and support informed decision making.

This full-time role is remote, with residency in North Carolina and occasional travel to the Home Office for onsite meetings. You will partner with teams to socialize results, present complex statistics clearly, and help shape value-based

Qualifications

• Bachelor’s Degree in Actuarial Science, Mathematics, Business, or related field from an accredited college/university.
• At least three (3) years of related experience in an actuarial capacity.
• Must have passed at least 2 Society of Actuary (SOA) actuarial examinations.
• Preferred: Experience with Financial Close Processes.

Responsibilities

• Risk Assessment and Modeling: Evaluate information to determine potential risks and financial impact; PMPM development/monitoring by category of service.
• IBNR Calculations: Support development/maintenance of IBNR models, lag schedules, liability calculations; adjust models as needed.
• Value-Based Contracts: Assist in VBC assessment and reporting; perform financial reconciliation for risk sharing agreements.
• Rate Setting: Become an internal SME on state rate developments; analyze rate book to validate assumptions.
• Documentation and Process: Assist in creating documented procedures to support Completion and IBNR.
• Socialization and Presentation: Present complex statistical information to stakeholders; develop strategies to manage risk and costs.

Skills

SQL

Verbal Communication

Written Communication

MS Office

Time Management

Organization

Complex Problem Solving

Presentation

Education

Bachelor’s Degree in Actuarial Science, Mathematics, Business, or related field

SOA Examinations — Passed 2 actuarial examinations

Job description

Alliance Health is seeking an Actuarial Associate to analyze data on cost, membership, capitation, rate-setting and IBNR. You will use SQL and Excel to model financial risk and develop exhibits that inform stakeholders and support informed decision making.

This full-time role is remote, with residency in North Carolina and occasional travel to the Home Office for onsite meetings. You will partner with teams to socialize results, present complex statistics clearly, and help shape value-based