[Hiring] Associate Actuary @Humana

Role Description

The Associate Actuary, General provides actuarial support across a broad range of actuarial and business needs for the IL Medicaid Market. The Medicaid Associate Actuary will be responsible for:

• Components of capitation rate review
• Drafting rate advocacy communications
• Actual-to-expected business analytics
• Forecasting market-specific financial results
• Ad hoc market support for the state of Illinois

The Associate Actuary will advise executives to develop functional strategies (often segment specific) on matters of significance. They exercise independent judgment and decision making on complex issues regarding job duties and related tasks, and work under the supervision of an FSA Actuary.

Qualifications

• Bachelor's Degree
• ASA plus advanced degree, recent and relevant work experience, and/or other relevant professional designations
• Strong technical and communication skills
• 3 or more years of technical experience

Requirements

• Knowledge of Medicaid regulations, programs, and state plan benefits
• Experience with capitation rate development from either the state agency or payer perspective
• Detailed understanding of healthcare claims
• Experience developing Microsoft Power BI dashboards

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

Additional Information

• This is a remote position.
• Work at Home Requirements: Minimum download speed of 25 Mbps and upload speed of 10 Mbps is required; wireless, wired cable or DSL connection is suggested.
• Travel: Occasional travel to Humana's offices for training or meetings may be required.
• Scheduled Weekly Hours: 40
• Pay Range: $106,900 - $147,000 per year
• This job is eligible for a bonus incentive plan based upon company and/or individual performance.

Application Deadline

10-02-2026

Equal Opportunity Employer

It is the policy of Humana not to discriminate against any employee or applicant for employment because of race, color, religion, sex, sexual orientation, gender identity, national origin, age, marital status, genetic information, disability or protected veteran status. It is also the policy of Humana to take affirmative action, in compliance with Section 503 of the Rehabilitation Act and VEVRAA, to employ and to advance in employment individuals with disability or protected veteran status, and to base all employment decisions only on valid job requirements.