Actuarial Analyst I
Actuarial Analyst I
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Job Description
Who We Are
Point32Health is a leading health and wellbeing organization delivering an everbetter personalized health care experience to everyone in our communities. At Point32Health we are building on the quality nonprofit heritage of our founding organizations Tufts Health Plan and Harvard Pilgrim Health Care where we leverage our experience and expertise to help people find their version of healthier living through a broad range of health plans and tools that make navigating health and wellbeing easier.
We enjoy the important work we do every day in service to our members partners colleagues and communities.
Job Summary
Job Description SummaryThe Actuarial Analyst I support the analysis and data needs for a broad range of financial and actuarial functions. This support will include rate reviews financial planning and projections trend analysis product development provider reimbursement analysis fee schedule development provider risk analysis and medical cost containment analysis. This role will work closely with a variety of departments including underwriting sales contracting and medical management.
Familiarity with the health insurance industry as well as experience in relational databases data warehouses Excel and statistical modeling as well as strong interpersonal skills are preferred.
The position is eligible to participate in the Actuarial Student Program including job rotations every 1824 months and comprehensive support of the pursuit of Fellowship in the Society of Actuaries.
Key Responsibilities/Duties what you will be doing
Planning Design Project/Process Management
- Performs analytic project work assigned by manager
- Provides input into analytic project plan development
Technical Analysis
- Uses data systems and query tools to complete work projects primarily by modifying existing code and tools
Checking/Validation/Peer Review
- Performs basic checks for data consistency according to defined criteria
Analysis/Interpretation
- Examines and interprets results in the context of the specific business questions being addressed
Communication/Presentation of Results
- Packages results to demonstrate how the analysis answers identified questions
Qualifications what you need to perform the job
EDUCATION: Completion of 13 actuarial exams
SKILL REQUIREMENTS:
- Experience in the use of personal computers relational databases statistical packages spreadsheet and/or database applications
- Experience in analytic work is preferred
- Welldeveloped verbal and written skills
- Able to operate in a matrix environment
- Able to follow Actuarial department standards and processes
- Receives regular management oversight of all tasks projects and processes
- Applies own judgment to limited analytical/technical issues
- Must be able to work cooperatively as a team member.
- Other duties as assigned
WORKING CONDITIONS AND ADDITIONAL REQUIREMENTS (include special requirements e.g. lifting travel overtime) Unlimited access to confidential member and provider specific data as needed. Fast paced office environment. Works on personal computer approximately 70 of the time. Must be able to exercise appropriate judgment as necessary. Open cubicle work setting with personal computer.
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Compensation & Total Rewards Overview
As part of our comprehensive total rewards program colleagues are also eligible for variable pay. Eligibility for any bonus commission benefits or any other form of compensation andbenefits remains in the Companys sole discretion and maybe modified at the Companys sole discretion consistent with the law.
Point32Health offers their Colleagues a competitive and comprehensive total rewards package which currently includes:
Medical dental and vision coverage
Retirement plans
Paid time off
Employerpaid life and disability insurance with additional buyup coverage options
Tuition program
Wellbeing benefits
Full suite of benefits to support career development individual & family health and financial health
For more details on our total rewards programs visit to Diversity Equity Inclusion Accessibility (DEIA) and Health Equity
Point32Health is committed to making diversity equity inclusion accessibility and health equity part of everything we dofrom product design to the workforce driving that innovation. Our Diversity Equity Inclusion Accessibility (DEIA) and Health Equity teams strategy is deeply connected to our core values and will evolve as the changing nature of work shifts. Programming events and an inclusion infrastructure play a role in how we spread cultural awareness train people leaders on engaging with their teams and provide parameters on how to recruit and retain talented and dynamic talent. We welcome all applicants and qualified individuals who will receive consideration for employment without regard to race color religion gender gender identity or expression sexual orientation national origin genetics disability age or veteran status.
Scam Alert: Point32Health has recently become aware of job posting scams where unauthorized individuals posing as Point32Health recruiters have placed job advertisements and reached out to potential candidates. These advertisements or individuals may ask the applicant to make a payment. Point32Health would never ask an applicant to make a payment related to a job application or job offer or to pay for workplace equipment. If you have any concerns about the legitimacy of a job posting or recruiting contact you may contact
Required Experience:
IC
Employment Type
Full-Time
Key Skills
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