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UPMC Health Plan is hiring an Actuarial Analyst II in its Department of Health Economics. The position will support high-visibility impactful analysis around medical cost improvement strategies. This includes analyzing medical cost utilization and unit cost data, identifying top trend drivers and affordability opportunities, and evaluating program and initiative outcomes. This position applies knowledge of mathematics, probability and statistics in order to identify issues, gather and analyze data on a wide variety of topics affecting the financial performance of the health plan with support from senior positions within the department.
As an actuarial analyst at UPMC, you will be given support to reach professional designations through our comprehensive student program. This position is eligible for fully remote work or a hybrid work arrangement for candidates based in Pittsburgh, PA. Career Ladder
Responsibilities:
- Develop models of near and long-term projections of financial performance of new and ongoing initiatives and clinical programs to facilitate corporate decision-making and the development of strategies and goals.
- Analyze impacts of healthcare affordability initiatives on medical cost and utilization trends.
- Assist senior actuarial positions in developing forecasted financial, economic, and other data to support business decision making.
- Apply an understanding of complex actuarial concepts, methods, and applications in various situations.
- Creatively leverage a wide range of datasets to inform key analyses.
- Produce well-documented standard actuarial reports and projects.
- Present results of analyses and recommendations to technical and non-technical audiences.
Qualifications:
- Bachelor's degree in mathematics, statistics, actuarial science, economics or related field
- 2 years of experience in statistical analysis or actuarial work; or equivalent training, education and/or experience in health care financing.
- Completion of college-level courses on micro and macroeconomics, introductory corporate finance, and applied statistical methods are preferred.
- 3 actuarial examinations passed or appropriate experience.
- Actively pursuing SOA certification.
- Excellent problem solving and analytical skills.
- Good oral and written communication skills.
- Strong PC skills.
- Data retrieval skills and relational database experience.
- SQL and/or SAS is highly preferred
- Works independently.
Licensure, Certifications, and Clearances:
UPMC is an Equal Opportunity Employer/Disability/Veteran
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Working at
UPMC Senior Communities
UPMC Senior Communities is a reputable and leading provider of senior living and healthcare services. With a strong commitment to exceptional care, UPMC Senior Communities offers a range of options including independent living, assisted living, and memory care. As an actuary at UPMC Senior Communities, you'll be part of a dedicated team that plays a crucial role in managing risks and ensuring the financial stability of the organization. Actuaries utilize their expertise in statistical modeling, data analysis, and risk assessment to evaluate risks, develop pricing strategies, and provide insights that support evidence-based decision-making. Collaborating with cross-functional teams, actuaries at UPMC Senior Communities contribute their analytical skills to optimize financial resources, forecast trends, and develop strategies that enhance the financial health of the organization. Actuaries analyze complex data sets, assess risks, and provide recommendations that help in providing quality care to seniors while maintaining a sustainable financial model. UPMC Senior Communities values professional growth and offers ongoing training and development opportunities for actuaries. Actuaries have the chance to enhance their skills, stay up to date with industry advancements, and contribute to the success of providing exceptional care to seniors. Join UPMC Senior Communities' esteemed actuarial team and embark on a rewarding career where you can apply your actuarial expertise, make a meaningful impact on the lives of seniors, and enjoy competitive benefits in a supportive and compassionate work environment.