Role Description
The Actuary, Pricing will play a key role in developing and executing pricing strategies for Medicare Advantage products. Responsibilities include:
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Establishing pricing assumptions
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Preparing and submitting bids
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Supporting regulatory rate filings and certifications
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Implementing rates, new plans, and benefit changes
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Advising Product Development on cost impacts of new products and benefits
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Developing and maintaining tools for pricing both standard and customized offerings
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Addressing a broad range of moderately to highly complex actuarial challenges
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Establishing market-level financial metrics aligned with segment profitability goals
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Analyzing results and projections
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Recommending pricing actions to address gaps in targeted performance
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Managing forecasting cycles aligned with government-established timelines
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Identifying root causes and developing actionable insights using market projections and experience-data tools
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Monitoring the competitive landscape
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Collaborating with market partners to create strategies that support profitable membership growth
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Accountable for actuarial certifications related to rate filings
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Advising executives on significant, often segment-specific functional strategies
Qualifications
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Bachelor's Degree
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FSA or ASA plus relevant advanced degree, recent and relevant work experience, and/or other relevant professional designations
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MAAA
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Demonstrated ability to articulate ideas effectively in both written and oral forms
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Experience in more than two functions (e.g., modeling, pricing, rate filing, reporting & analysis, reserving or trending)
Requirements
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Willingness to accommodate a work schedule according to Eastern Time Zone (EST)
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This is a remote position
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Work at Home Requirements:
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Minimum download speed of 25 Mbps and upload speed of 10 Mbps required
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Wireless, wired cable or DSL connection suggested
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Work from a dedicated space lacking ongoing interruptions to protect member PHI / HIPAA information
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Occasional travel to Humana's offices for training or meetings may be required
Benefits
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Competitive benefits that support whole-person well-being
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Medical, dental, and vision benefits
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401(k) retirement savings plan
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Time off (including paid time off, company and personal holidays, paid parental and caregiver leave)
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Short-term and long-term disability
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Life insurance and many other opportunities
Company Description
Humana Inc. (NYSE: HUM) is a leading U.S. healthcare company. Through our Humana insurance services and our CenterWell healthcare services, we make it easier for the millions of people we serve to achieve their best health β delivering the care and service they need, when they need it.