Actuarial Analyst I

🔥 1 minute ago

🇺🇸 United States – Remote

💵 $62.7k - $100.4k / year

⏰ Full Time

🟡 Mid-level

🟠 Senior

📊 Actuary

🦅 H1B Visa Sponsor

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CareSource

1001 - 5000 employees

Founded 30+ years

🏥 Healthcare

🛡️ Insurance

⚕️ Healthcare Insurance

Healthcare • Insurance • Healthcare Insurance

CareSource is a health services company focused on providing affordable health insurance and healthcare solutions. It offers a wide range of plans including Medicaid, Marketplace, and Medicare Advantage, targeting low-income adults, families, children, pregnant women, elderly adults, and people with disabilities. Additionally, CareSource provides members with resources for COVID-19 support, dental, vision, and hearing benefits, as well as pharmacy services. The company emphasizes easy access to healthcare management through online platforms and a mobile app.

📋 Description

• Develop actionable recommendations for management based on analysis • Calculate profitability reports for appropriate business segments • Perform regular and ad-hoc analyses to identify opportunities to improve efficiency and affordability • Evaluate assumptions used in other processes through regular and ad-hoc analyses and studies • Participate in cross-functional teams addressing key organizational issues • Prepare the company's monthly IBNR reserve calculation • Evaluate the government reimbursement process to identify risks and opportunities • Participate in initiatives to improve operating results • Initiate analyses to improve overall MLR results • Perform other duties as assigned

🎯 Requirements

• Bachelor's degree in actuarial science, mathematics, economics or a related field is required • Strong database (SAS or Access) experience is preferred • Managed Care or healthcare experience is preferred • Intermediate proficiency level with Microsoft Excel • Intermediate proficiency with Microsoft Suite, including Word, PowerPoint and Outlook • Basic knowledge of SQL, SAS, R, or other data manipulation software • A minimum of one exam passed under the Society of Actuaries Exam Syllabus is required; exam SRM via transition credit does not meet this requirement • Active pursuit of an actuarial designation (ASA) is required • Intermediate interpersonal/verbal communication skills and professionalism • Intermediate written communication skills • Ability to work independently and within a team environment • Ability to work in a fast-paced environment with changing priorities • Ability to remain calm under pressure • Ability to present information and respond to questions from peers and management • Ability to analyze and interpret financial data • Effective problem-solving, listening, and critical-thinking skills • Attention to detail

🏖️ Benefits

• Bonus tied to company and individual performance • Substantial and comprehensive total rewards package • Employee total well-being support

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