Associate Actuary

Location: Chicago, Illinois
Posted On: 10/23/2017
Job Code: 3026_AAC_IL
Job Description
Industry- Healthcare
Work Location- Chicago,IL
Job Title- Actuarial Associate#li-POST

Job Description
• Conduct analysis, pricing and risk assessment to estimate financial outcomes. Manage health plan specific actuarial needs and produce actuarial reports to aid in developing corporate strategy.
• Serve as the main point of contact for all actuarial related activities for an assigned health plan
• Manage at least 1 health plan
• Apply knowledge of mathematics, probability, statistics, principles of finance and business to calculate financial outcomes
• Developing probability tables based on analysis of statistical data and other pertinent information
• Research and analyze the impact from legislative changes
• Analyze and evaluate required premium rates
• Assess cash reserves and liabilities enable payment of future benefits
• Analyze various data reports, identify trends and gaps and recommend action
• Determine the equitable basis for distributing money for insurance benefits
• Create and update actuarial reports
• Participate in merger and acquisition analysis
Job Requirements
• Bachelor’s degree in related field or equivalent experience.
• 3+ years of actuarial experience.
Category:IT  code:new
Job Requirements
Research, Probability, Statistics

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Contact Details
Divyanshu Kumar