Actuarial Services Analyst
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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: A ppl ies knowledge of mathematics, probability, statistics, and principles of business to enhance the IBNR (Incurred But Not Reported) models and improve the monthly close process. Work s with a team of financial analysts to assist with the actuarial components of the annual financial plan. As s ist s 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. Analyze s and validate s payer claims data . A ssist s markets to identify factors driving claims cost and estimate s historical and prospective trends. Perform s actuarial analysis of CMS public information. Calculate s statistical and probability forecasts and models from data. Run s CMS risk adjustment model to calculate member level risk scores. Provide s actuarial support to markets ; create s and distribute s reports ; respond s to inquiries. Assist s in actuarial research, experience studies, and statistical analyses and calculations. Review s accuracy of data and calculations. Report s and interpret s results of data analysis. Analyze s risk evaluation data, using appropriate models and statistical methods ; creat es 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: $64,583 - $92,262 Salary The posted pay range represents the base hourly rate or base annual full-time salary for this position. Final compensation will depend on a variety of factors including but not limited to experience, education, geographic location, and other relevant factors. This position may also be eligible for a bonuses or commissions. EMPLOYEE BENEFITS https://chenmed.makeityoursource.com/helpful-documents We're ChenMed and we're transforming healthcare for seniors and changing America's healthcare for the better. Family-owned and physician-led, our unique approach allows us to improve the health and well-being of the populations we serve. We're growing rapidly as we seek to rescue more and more seniors from inadequate health care. ChenMed is changing lives for the people we serve and the people we hire. With great compensation, comprehensive benefits, career development and advancement opportunities and so much more, our employees enjoy great work-life balance and opportunities to grow. Join our team who make a difference in people's lives every single day. Current employees, if you want to apply to our internal career site, please click HERE Current Contingent Worker please see job aid HERE to apply #LI-Onsite
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