Actuarial Analyst
Share
Job Location:
Chicago, IL - USA
Monthly Salary:
Not Disclosed
Posted on:
2 days ago
Vacancies:
1 Vacancy
Job Summary
Job Summary
WellBe Senior Medical is a physician-led risk-bearing healthcare organization delivering high-quality in-home care to frail elderly Medicare Advantage patients. As an Actuarial Analyst you will support the growth of our actuarial function by evaluating modeling and valuing new business opportunities providing insights that directly influence strategic expansion and value-based contracting. This role offers significant technical development and long-term growth opportunities for professionals passionate about healthcare actuarial analysis.
Job Description
Essential Duties and Responsibilities
- Support new business valuation including:
- Extracting cleaning and validating large-scale medical claims eligibility and revenue datasets using SQL & Python
- Performing experience analyses (utilization cost trends risk adjustment revenue adequacy)
- Developing financial projection models to forecast contract-level performance under varying scenarios
- Assist in monthly financial reporting and presentations for leadership decision-making
- Develop and maintain IBNR models for accurate financial reporting
- Support underwriting and clinical intervention analyses using statistical modeling and machine learning to project future revenue improvements
Job Requirements
Required Qualifications
Education:
Bachelors Degree in Actuarial Science Mathematics Statistics or related field
Experience:
Passed at least 2 actuarial exams and pursuing actuarial credentials
Minimum 1 actuarial internship or 1 year of actuarial experience; 13 years preferred
Skills:
Analytical and detail-oriented
Collaborative and team-oriented
Strong interest in mastering complex actuarial concepts
Persistent disciplined and able to communicate clearly
Proficiency or willingness to learn Excel SQL and Python
Certifications/Licenses:
None beyond actuarial exams
Physical and Mental Requirements
Ability to lift up to 20 lbs.
Ability to stand/sit for extended periods
Visual acuity and fine motor skills
Travel locally or nationally up to 10%
Work Environment
In-person at Chicago office with remote work options for eligible employees
May require travel to patient locations as needed
Sponsorship Statement
WellBe does not offer employment-based visa sponsorship for this position. Applicants must be legally authorized to work in the United States without the need for employer sponsorship now or in the future.
Pay Transparency Statement
Compensation for this position will be disclosed in accordance with applicable state and local pay transparency laws.
Drug Screening Requirement
As a condition of employment WellBe Senior Medical requires all candidates to successfully complete a pre-employment drug screening. Ongoing employment may also be contingent upon compliance with the companys Drug-Free Workplace Policy which includes random post-accident and reasonable suspicion drug testing. The company reserves the right to test for substances that may impair an employees ability to safely and effectively perform their job duties.
Background Check Statement
Employment is contingent upon successful completion of a background check as permitted by law. As a healthcare organization WellBe conducts monthly FACIS (Fraud and Abuse Control Information System) checks on all employees. Continued employment is contingent upon satisfactory results of these checks in accordance with applicable laws and regulations.
Equal Employment Opportunity (EEO) Statement
WellBe is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin disability protected veteran status or any other legally protected status.
Americans with Disabilities Act
WellBe Senior Medical is committed to complying with the Americans with Disabilities Act (ADA) and applicable state and local laws. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions of the job. If you require an accommodation during the application interview or employment process please contact Human Resources at
At-Will Employment Statement
Employment with WellBe is at-will unless otherwise specified by contract. This job description does not constitute an employment contract.
Disclaimer
This job description is intended to describe the general nature and level of work performed. It is not intended to be an exhaustive list of all responsibilities duties and skills required. Management reserves the right to modify add or remove duties as necessary.
Required Experience:
IC
Key Skills
- SQL
- Python
- Compliance
- Access
- Actuarial Models
- Acturial support
- Data Collection
- Powerpiont
- SAP
- Tableau
- Excel
- Mathematics
- VBA
- Data Analysis
- Statistical Analysis
