Sentara Health is currently seeking a full-time remote Actuarial Analyst II.
Position Status: Full-time, Day Shift
Remote opportunities available in the following states: Virginia, North Carolina, Alabama, Delaware, Florida, Georgia, Idaho, Indiana, Kansas, Louisiana, Maine, Maryland, Minnesota, Nebraska, Nevada, New Hampshire, North Dakota, Ohio, Oklahoma, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Washington (state), West Virginia, Wisconsin, Wyoming
Standard Working Hours: 8:00AM to 5:00PM
OverviewAssist in any and all of the functions normally associated with a qualified health actuary including: IBNR calculation; the determination of rating factors such as age, sex, location, or industry; development of rates and filings for the BOI; suggestions for periodic group rating changes; development of necessary rates for government programs; assistance with the development, implementation and maintenance of new products, services and systems, including any necessary rate development; providing actuarial input to the Corporate management staff level; and reporting on the financial status of entire products or segments of products.
Minimum 2 years in Actuarial Analysis. Analytical and problem-solving skills are necessary; ability to work under tight deadlines and handle pressure situations; ability to work in a team environment. Minimum completion of three Actuarial exams with continued progress towards Society of Actuaries credential.
Experience in at least 3 of the following areas:
- IBNR and reserve setting
- General pricing and filing support of Individual products
- General pricing and filing support of Small Group products
- General pricing and filing support of Large Group products
- Assist in Medicare Advantage Bid filing
- Evaluation of Managed Medicaid programs
- Provider Contract evaluations
- Provider Profit/withhold settlement evaluations
- Product Experience Monitoring
- Reinsurance/Stop-loss Reporting
Bachelor's level degree
Certification/LicensureNo specific certification or licensure requirements
ExperienceMinimum 2 years in Actuarial Analysis
We provide market-competitive compensation packages, inclusive of base pay, incentives, and benefits. The base pay rate for Full Time employment is: $60,756 - $101,254. Additional compensation may be available for this role such as shift differentials, standby/on-call, overtime, premiums, extra shift incentives, or bonus opportunities