Actuarial Analyst III

Summary:Work Mode: 100% REMOTELocation: New Jersey, New York, Pennsylvania, Connecticut, or DelawareResponsibilities:Support actuarial pricing for the Medicare Advantage bid process and forecasting, working in conjunction with department leadership.Develop a robust suite of internal tools for the bid process, member-level and cohort-level profitability analysis, and detailed forecasting.Conduct forecasting and profitability analysis.Perform ad-hoc analyses as requested, such as assessing the impact of Star rating changes, benefit changes, or other changes.Investigate and communicate variances and drivers of forecasts to department leaders.Provide strategic thinking regarding the overall business strategy, incorporating product knowledge and broad Medicare Advantage landscape market dynamics.Supervise and train junior actuaries as needed.Requirements:Bachelor's degree, preferably in Mathematics, Statistics, Actuarial Sciences, or a related field from an accredited college or university.5 years of experience in Medicare Advantage actuarial bid pricing.Associate of the Society of Actuaries (ASA) or Fellow of the Society of Actuaries (FSA) preferred.Preferred Skills:Expert knowledge of Excel.Advanced proficiency with SAS or SQL.Expert knowledge of Medicare Advantage bid regulations and bid instructions.In-depth knowledge of the Medicare Advantage industry.Excellent oral and written communication skills.Strong analytical thinking and mathematical skills.Statistical analysis abilities.Good judgment and problem-solving skills.Strong leadership skills.