[Hiring] Actuarial Analyst @Humana

Role Description

The Actuarial Analyst 1, Analytics/Forecasting within the Pricing team is responsible for:

• Developing pricing assumptions, submitting bids, and filing premium rates and rate certifications with regulatory agencies to obtain approval.
• Supporting the implementation of rates, new plans, and benefit changes.
• Advising Product Development on the cost impact of new products and benefits.
• Developing and maintaining tools for pricing standard and custom benefits.
• Establishing market-level financial metrics aligned with segment profitability goals.
• Analyzing results and projections, and recommending pricing actions to address gaps in targeted performance.
• Using market-level projections and experience-data tools to identify root causes and uncover actionable insights.
• Researching the competitive landscape and collaborating with Sales and other market-supporting partners to develop strategies that drive profitable membership growth.
• Accountable for actuarial certifications related to rate filings, including attesting to compliance with state and federal rating and benefit regulations.
• Determining work approaches and priorities while following established direction.

Qualifications

• Bachelor's Degree
• Successful completion of at least 1 actuarial exam
• Demonstrated ability to articulate ideas effectively in both written and oral forms
• Demonstrated commitment to continuous improvement, with the ability to identify opportunities to automate and streamline processes, enhance efficiency, and adapt effectively to change

Requirements

• Willingness to accommodate a work schedule according to Eastern Time Zone
• This is a remote position.
• Work at Home Requirements:
  • Minimum download speed of 25 Mbps and upload speed of 10 Mbps required.
  • Wireless, wired cable or DSL connection is suggested.
  • Work from a dedicated space lacking ongoing interruptions to protect member PHI / HIPAA information.
• Travel: Occasional travel to Humana's offices for training or meetings may be required.

Benefits

• Medical, dental and vision benefits
• 401(k) retirement savings plan
• Time off (including paid time off, company and personal holidays, paid parental and caregiver leave)
• Short-term and long-term disability
• Life insurance
• Many other opportunities

Pay Range

The compensation range below reflects a good faith estimate of starting base pay for full time (40 hours per week) employment at the time of posting. The pay range may be higher or lower based on geographic location and individual pay will vary based on demonstrated job related skills, knowledge, experience, education, certifications, etc.

$66,800 - $91,100 per year