Actuarial Analyst II

Provide actuarial services to develop best-practice actuarial models and promote implementation Program-wide. Maintain accountability for the development of the organization's rate structure, maintenance of adequate reserves, and development of new products. Provide data/analytic expertise to support actuarial services including financial reporting, trend analysis, utilization studies, rate development and claims liability estimates.
Essential Functions:
Examines and summarizes statistical data by applying mathematical and statistical knowledge to unpaid claim liability, trend analysis, rate formula, forecasting, and premium analysis.
Develops and enhances procedures including review for actuarial soundness.
Analyzes completed work for reasonableness and accuracy, and may recommend specific course of action.
Supports the performance of in-depth, high level analyses on selected divisional and national research projects.
Provides technical assistance to Program staff in the planning, execution, and analysis of actuarial studies.
Basic Qualifications:
Experience
Bachelor's degree with two (2) years of related experience with minimum two (2) exams.
Education
Bachelor's degree in mathematics, statistics, computer science or similar background.
License, Certification, Registration
N/A
Additional Requirements:
Intermediate level of quantitative skills including understanding of probability, sampling, and descriptive and inferential statistics.
Excellent analytic and problem-solving skills.
Working knowledge of primary research methods.
Some knowledge of data analysis software.
General application of actuarial concepts and principles.
Full use and application of standard marketing principles, theories, concepts, and techniques.
Must be able to work in a Labor/Management Partnership environment.
Preferred Qualifications:
Three (3) years of related experience with three (3) exams.
Knowledge of health care industry dynamics and trends preferred.

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