Actuarial Services Analyst

ChenMed is a family-owned and physician-led company transforming healthcare for seniors. The Actuarial Services Analyst will manage and track risk positions while providing analytical support to enhance business decision-making and achieve strategic goals.

Responsibilities

• Applies knowledge of mathematics, probability, statistics, and principles of business to enhance the IBNR (Incurred But Not Reported) models and improve the monthly close process
• Works with a team of financial analysts to assist with the actuarial components of the annual financial plan. Assists in the determination of revenue, reserves and/or cash flow projections
• Identifies data patterns and trends, and provides insights to enhance business decision making capability in business planning, process improvement, solution assessment, etc
• Analyzes and validates payer claims data. Assists markets to identify factors driving claims cost and estimates historical and prospective trends
• Performs actuarial analysis of CMS public information. Calculates statistical and probability forecasts and models from data
• Runs CMS risk adjustment model to calculate member level risk scores
• Provides actuarial support to markets; creates and distributes reports; responds to inquiries
• Assists in actuarial research, experience studies, and statistical analyses and calculations
• Reviews accuracy of data and calculations. Reports and interprets results of data analysis. Analyzes risk evaluation data, using appropriate models and statistical methods; creates relevant charts and graphs
• Performs other duties as assigned and modified at manager’s discretion

Skills

• Bachelor's degree; Completion of 2+ actuarial exams; on track to ASA/FSA designation. Experience may substitute for education on a year-for-year basis above the minimum required
• Software skills in Visual Basic, SQL and SAS
• Good analytical and communication skills
• Proficient in Microsoft Office Suite products including Word, Excel, PowerPoint, Outlook, and database software
• Ability and willingness to travel locally, regionally, and nationwide up to 10 % of the time
• Spoken and written fluency in English
• This job requires use and exercise of independent judgment
• Bachelor's degree in actuarial science, mathematics, economics, statistics, data science or finance preferred
• Data science experience preferred
• No prior experience required

Benefits

• Great compensation
• Comprehensive benefits
• Career development and advancement opportunities
• Great work-life balance

Company Overview

Company H1B Sponsorship