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The Department of Health Economics is seeking an Actuarial Analyst! This entry-level healthcare actuarial student would help drive high-visibility impactful analysis for UPMC Health Plan. . This includes developing trend models, analyzing medical cost utilization and unit cost data, identifying top trend drivers and affordability opportunities with support from leaders and credentialed actuaries within the department.
The Actuarial Analyst will require a diverse set of skills, including strong communication skills, sharp critical thinking abilities, and a curiosity for health economics and data analytics.
This position is eligible for fully remote work or a hybrid work arrangement for candidates based in Pittsburgh, PA.
Responsibilities:
- Produce detailed trend models using UPMC healthcare data to facilitate corporate decision-making and the development of strategies and goals.
- Analyze trends in spending and utilization to identify cost drivers. .
- Apply analytical and statistical software tools to summarize large healthcare data to glean findings and actionable insights.
- Assist senior actuarial team members in forecasting and interpreting financial results, including variances from budget, to help identify medical cost improvement opportunities and potential risks.
- Produce well-documented standard actuarial reports and projects.
- Present results of analyses and recommendations to technical and non-technical audiences.
- Build an understanding of complex actuarial concepts, methods, and applications in a variety of situations.
- Creatively leverage a wide range of datasets to inform key analyses.
- Collaborate with team members, including other healthcare actuaries, to ensure that work product meets the highest standards of quality.
- Provide analytical support for ad hoc data analyses.
Qualifications:
- Bachelor's degree in mathematics, statistics, actuarial science, economics or a related field.
- 1 year of experience in statistical analysis or actuarial work or equivalent training, education and/or experience in health care financing highly preferred.
- 1 or more actuarial examinations passed.
- 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.
Licensure, Certifications, and Clearances: - Act 34
UPMC is an Equal Opportunity Employer/Disability/Veteran
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.