Senior Actuarial Analyst

Highmark Health; Pennsylvania; Hybrid; USD 73,000 - 117,000; Full time

Job summary

Highmark Health is seeking a mid-level actuarial analyst to participate in the Actuarial Executive Development Program. The role applies actuarial techniques and statistics to pricing, experience studies, profitability, predictive modeling, and other analyses.

You will develop data-driven insights and communicate results to management. The position requires a Bachelor's in Actuarial Science/Math/Statistics, 2 years actuarial experience, and progression toward actuarial credentials, with

Qualifications

• Bachelor's Degree in Actuarial Science, Mathematics, Statistics or closely related field.
• 2 years experience in an actuarial role.
• 4 Exam Components required; 6+ preferred.

Responsibilities

• Develop queries and analyses to inform management decisions.
• Create studies, analyses, and materials for decision makers.
• Ensure consistency and quality across actuarial work.
• Communicate complex topics to technical and non-technical audiences.
• Manage multiple projects with attention to scope, time, and usefulness.
• Interact with stakeholders to support department objectives.

Skills

Actuarial knowledge

Analytical skills

Oral/written communication

Problem solving

Data analysis

Education

Bachelor's degree in Actuarial Science/Math/Statistics

Job description

## **Job Description :**Job Description**JOB SUMMARY**This job is a mid-level actuarial analyst position. Participate in Highmark’s Actuarial Executive Development Program and is expected to make continued progress towards actuarial credential and apply actuarial techniques and statistical analysis to several functions which may include insurance premium and pricing development, claim trend analysis, experience studies, medical economics, profitability analysis, wellness studies, predictive modeling, provider efficiency, provider contracting analysis or claim reserving.**ESSENTIAL RESPONSIBILITIES*** Develop efficient and transparent queries to obtain data that is appropriate to the purpose with minimal assistance and oversight. Consider alternate explanations or viewpoints before drawing conclusions and make appropriate recommendations to management.* Create studies, analyses, and presentation materials needed to appropriately inform decision makers. Seek input and assistance as required to ensure actuarial work, analyses, and materials are appropriate and making appropriate recommendations to actuarial management.* Proactively ensure the internal and external consistency of all work. Request input from others to ensure quality standards are being maintained.* Demonstrate eagerness and curiosity with a strong desire to learn new concepts and actively develop their skills & knowledge. Seeks continual feedback from manager and others in order to advance personal development and career goals.* Understand the environment, goals, and objectives of the incumbent's own position, their team, and all internal customers. Propose changes to existing processes, leading to improved outcomes that better conform to corporate goals, objectives, and values.* Manage own time and resources across many projects, focusing on quality, time, scope, usefulness, and appropriateness of work. Demonstrate responsiveness to shift from one task to another without losing focus on current work. Is comfortable in a dynamic, changing environment. Approach new challenges with anticipation and a view towards success. Carry out recurring projects with minimal assistance and oversight. Keep manager informed.* Interact with stakeholders in a manner that fosters cooperation and teamwork while conveying engagement and competence. Enhance department influence by providing responsive service and understanding customer needs. Effectively explain technical work to both technical and non-technical people.* Develop and maintain positive relationship with others. Listen, take direction, accept criticism and feedback and adjust behavior accordingly to improve performance. Perform assigned tasks and proactively take on additional work as needed by the team. Answer questions of less experienced staff and provide concise & consistent communication.* Other duties as assigned or requested. **EDUCATION****Required*** Bachelor's Degree in Actuarial Science, Mathematics, Statistics or closely related field**Substitutions*** None**Preferred*** None**EXPERIENCE****Required*** 2 years experience in an Actuarial role* 4 Exam Components**Preferred*** 6 or more Exam Components**LICENSES AND CERTIFICATIONS****Required*** None**Preferred*** None**SKILLS*** Possesses and applies an in-depth knowledge of actuarial principles, concepts, practices and processes within a specific field or discipline* Possesses significant knowledge to complete assignments and begins to visualize, articulate, and solve complex problems* Analytical Skills* Oral & Written Communication Skills* Problem-Solving**Language (Other than English):**None**Travel Requirement:**0% - 25%**PHYSICAL, MENTAL DEMANDS and WORKING CONDITIONS****Position Type**Office-basedTeaches / trains others regularlyFrequentlyTravel regularly from the office to various work sites or from site-to-siteRarelyWorks primarily out-of-the office selling products/services (sales employees)NeverPhysical work site requiredFrequentlyAudible SpeechConstantlyHear ConstantlyPosition self or move lower on ground, under tables/desks, etc.NeverClimbNeverDrive OccasionallyReachFrequentlySedentary position FrequentlyMoveFrequentlyRepetitive Motion FrequentlyUse Hands/Fingers to Handle or Feel (beyond just data entry) FrequentlyVision – Distinguish ColorFrequentlyVision – Far, Near, Depth Perception FrequentlyMove, transport, transfer – up to 10 lbs (Sedentary Work) OccasionallyMove, transport, transfer – up to 20 lbs (Light Work) OccasionallyMove, transport, transfer – up to 50 lbs (Medium Work)OccasionallyMove, transport, transfer – excess of 50lbs (Heavy Work) Never***Disclaimer:*** *The job description has been designed to indicate the general nature and essential duties and responsibilities of work performed by employees within this job title. It may not contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees to do this job.* ***Compliance Requirement:*** *This job adheres to the ethical and legal standards and behavioral expectations as set forth in the code of business conduct and company policies.*As a component of job responsibilities, employees may have access to covered information, cardholder data, or other confidential customer information that must be protected at all times. In connection with this, all employees must comply with both the Health Insurance Portability Accountability Act of 1996 (HIPAA) as described in the Notice of Privacy Practices and Privacy Policies and Procedures as well as all data security guidelines established within the Company’s Handbook of Privacy Policies and Practices and Information Security Policy.Furthermore, it is every employee’s responsibility to comply with the company’s Code of Business Conduct. This includes but is not limited to adherence to applicable federal and state laws, rules, and regulations as well as company policies and training requirements.**Pay Range Minimum:**$72,700.00**Pay Range Maximum:**$116,600.00*Base pay is determined by a variety of factors including a candidate’s qualifications, experience, and expected contributions, as well as internal peer equity, market, and business considerations. The displayed salary range does not reflect any geographic differential Highmark may apply for certain locations based upon comparative markets.*