Experienced AssociateWorkforce Solutions- Health&Welfare Actuarial

Key Responsibilities:
As a WT practitioner you will play a key role in helping clients in mitigating risks by providing consulting actuarial solutions by performing funding and accounting valuations as per US legislations along preparing de-risking strategies plan design and implementation loss ratio and IBNR analysis. Also support the client in performing annual audit for pension OPEB and health plans under US and global accounting standards.
As such the key responsibilities for this position include (but are not limited to):
Work in teams to support consulting projects with regards to Retirement and Health & Welfare and understanding their methodologies as well as best practices
Lead and evaluate business data to draw conclusions and develop insightful Retirement and Health & Welfare strategies and solutions
Proactively identify and track key risks project KPIs opportunities etc. and incorporate these into project planning and development
Assist the practice leadership with client proposals thought leadership and contribute proactively to firm building initiatives

Must-have skills
Have an understanding of introductory knowledge of difference between GAAP vs STAT audit methodologies and health insurance statutory reporting (e.g. Analysis of Operations by LOB State Pages Supplemental Health Care Exhibit)
Knowledge of health reserve accruals (e.g. Claim (IBNR) Risk Adjustment PAD Premium Deficiency Reserve (PDR) Loss Adjustment Expense Medical Loss Ratio) liabilities
Have strong business acumen with ability to understand how business processes and decisions impact people and Organization
Have strong analytical report-writing facilitation communication and presentation skills with high commitment to quality client service
Foster an efficient innovative and team-oriented work environment
Strong work ethics proactive and professional behavior

Good-to-have skills

Be able to work and manage tasks in a fast-paced and high flexible environment
Working knowledge of analytical tools like ProVal Alteryx Tableau PowerBI Advanced Excel Microsoft Power Suite
Preferred knowledge of SQL SAS or Python coding language
Strategic thinker problem solver
Supports engagement manager in delivering engagements by identifying and addressing client needs
Exhibits strong ability to work independently as well as in a highly collaborative team environment

Audit and tool management support:

1. 101 knowledge of health reserve accruals (e.g. IBNR PDR PAD Risk Adjustment)

Preferred: Introductory knowledge of difference between GAAP vs STAT audit methodologies

2. 101 knowledge of U.S. Healthcare Insurance

Preferred: Introductory knowledge of health insurance statutory reporting (e.g. Analysis of Operations by LOB State Pages Supplemental Health Care Exhibit)

3. Software skills - Medium expertise in Microsoft Suite (e.g. Excel Powerpoint)

Preferred: Tableau and/or PowerBI skills Alteryx and/or Access skills

4. Programming skills - 101 knowledge of SQL SAS or Python coding language

Deal work support:

1. 101 knowledge of health reserve accruals (e.g. IBNR PDR Risk Adjustment)

Preferred: Knowledge of value-based care (VBC) contracts and methodologies for determining VBC accruals

2. 101 knowledge of U.S. Healthcare Insurance

3. Financial statements - Understanding of how to read and interpret both income statements and balance sheets; understanding of the relationship between the IS and BS

4. Software skills - Medium expertise in Microsoft Suite (e.g. Excel Powerpoint)