Sr Analyst, Actuarial

• Develops and communicates pricing models and strategies for Actuarial (ADP) healthcare insurance products and services
• Develops and validates actuarial assumptions, methodologies, and models by ensuring adherence to actuarial standards and guidelines, such as those set by the Society of Actuaries (SOA)
• Conducts actuarial analysis to assess the financial risks and implications of healthcare programs, insurance products, and benefit plans
• Completes financial forecasting and projection analysis to estimate future healthcare costs, revenue, and profitability
• Analyzes claims data to assess patterns, trends, and cost drivers and identifies opportunities for cost containment, fraud detection, and quality improvement in claims processing and reimbursement
• Develops risk mitigation strategies, including reinsurance, risk-sharing agreements, and reserve adequacy analysis
• Under general supervision, provides accurate and timely financial information to internal stakeholders, external auditors, and regulatory bodies
• Encourages team members to explore innovative solutions and approaches to operational challenges
• Identifies opportunities of areas of concern and recommends corrective actions to management for review and resolution

• Passed at least 2 actuarial exams
• 2-5 years of actuarial experience in a healthcare setting
• Demonstrated success in collaborating with others
• Bachelor's degree preferred/specialized training/relevant professional qualification

Experience in Medicare

• Affordable medical plan options
• 401(k) plan (including matching company contributions)
• Employee stock purchase plan
• No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching
• Paid time off
• Flexible work schedules
• Family leave
• Dependent care resources
• Colleague assistance programs
• Tuition assistance
• Retiree medical access