Actuarial Services Analyst

We’re unique.  You should be, too.

We’re changing lives every day.  For both our patients and our team members. Are you innovative and entrepreneurial minded? Is your work ethic and ambition off the charts?  Do you inspire others with your kindness and joy?

We’re different than most primary care providers. We’re rapidly expanding and we need great people to join our team.

The Actuarial Services Analyst is responsible for managing and tracking the risk positions within ChenMed as well as supporting the strategic goals of the company. Performs technical and analytical support functions to help the department and the company meets its goals. Works with different departments within ChenMed to provide analytics supported by actuarial modeling.

In alignment with our Finance vision, this position will support the transformation of care for the neediest populations by being committed to business focused self-development, through the generation and use of information to support business leadership in driving great decisions, optimizing performance and ensuring accountability through transparency, actionable insights and education.

ESSENTIAL JOB DUTIES/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. 

KNOWLEDGE, SKILLS AND ABILITIES:

• 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  

EDUCATION AND EXPERIENCE CRITERIA:

• 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 

• Bachelor’s degree in actuarial science, mathematics, economics, statistics, data science or finance preferred 

• No prior experience required 

• Data science experience preferred 

PAY RANGE:

$62,702 - $89,575 Salary

EMPLOYEE BENEFITS

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