Analyst III - Actuarial Services (Remote)

Position Summary/Position

This position is responsible for providing actuarial analytic support to various departments and company key initiatives. Serves as a technical consultant and SME to financial analysts and, other departments and on projects.

Major Functions (Duties and Responsibilities)

1. Leads on-going analyses of financial, budgetary or medical claims data, through forecasting, statistical analyses, trending, regression analyses, risk assessment, and utilization assessment. Identifies key issues and trends and brings them to the attention of higher level staff members. Uses professional concepts and internal policies and procedures to solve problems or provide suggestions.
2. Builds financial models to support operational initiatives and analytical endeavors and enable decision-making on business and strategic matters. Quantifies the financial impact of opportunities or expenditures. Tests and reconciles all financial models and analytic results. Provides on-going financial analyses.  Consolidates a wide-range of operating and financial projections for the development of short- and long-term business plans.
3. Works on complex financial analysis projects more independently and under supervision of a more senior staff member if required. Monitors, analyzes and evaluates complex data using statistical tools to identify variances, problems and trends. May be responsible for bigger projects.
4. Generates and distributes regularly scheduled actuarial reports. Reviews and organizes actuarial and operational data for reports. Utilizes statistical tools to monitor and provide ongoing analysis of these reports, noting any aberrant data. May be responsible in the preparation of complex reports.
5. Participates or leads in a variety of special studies and ad hoc analyses in support of departmental business and/or clinical objectives.
6. Researches and resolves data integrity issues. Works independently or with other departments to solve problems.
7. Acts as a resource to staff in other departments, providing information and explanations related to financial data as needed. Answers most questions and refers highly complex issues to others.
8. May participate in workgroups or meetings. Communicates and presents financial analyses and models to appropriate audiences
9. May assist in training staff on the use of financial reports and data.
10. Performs a variety of ad hoc data and actuarial analysis requests.

Major Functions (Duties and Responsibilities) Cont

Supervisory Responsibilities

Experience Qualifications

Four (4) years of actuarial experience required.
Will accept three (3) years of actuarial experience with completed ASA credential in lieu of full four (4) year work experience requirement.

Preferred Experience

Healthcare and/or Medicaid experience is preferred.

Education Qualifications

Bachelor’s degree from an accredited institution required.

Preferred Education

Professional Certification

Passed at least 4 SOA exams and plans to continue taking exams.

Professional Licenses

Drivers License Required

Knowledge Requirement

SQL Programming knowledge is preferred.

Skills Requirement

Excellent interpersonal and communication skills (both oral & written).

Abilities Requirement

Ability to work independently and take initiative. Ability to identify and resolve problems, think creatively, strategically and analytically. Extremely organized, sharp attention to detail, strong work ethic, expansive learner.

Commitment to Team Culture

The IEHP Team environment requires a Team Member to participate in the IEHP Team Culture. A Team Member demonstrates support of the Culture by developing professional and effective working relationships that include elements of respect and cooperation with Team Members, Members and associates outside of our organization.

Working Conditions

Position is eligible for telecommuting/remote work location model upon completing the necessary steps and receiving HR approval. The incumbent approved to telecommute may periodically be required to report to IEHP’s main campus for mandatory in-person meetings or for other business needs determined by IEHP leadership.

Work Model Location

Physical Requirements