What you can expect!
Find joy in serving others with IEHP! We welcome you to join us in "healing and inspiring the human spirit" and to pivot from a "job" opportunity to an authentic experience!
The Associate Actuary is responsible for providing actuarial analytic support to various department and company key initiatives. This role serves as a technical consultant and SME to financial analysts, other departments, and as needed on projects.
Commitment to Quality: The IEHP Team is committed to incorporate IEHP's Quality Program goals including, but not limited to, HEDIS, CAHPS, and NCQA Accreditation.
Additional Benefits
Perks
IEHP is not only committed to healing and inspiring the human spirit of our Members, but we also aim to match our team members with the same energy by providing prime benefits and more.
- Competitive salary
- Telecommute schedule
- CalPERS retirement
- State of the art fitness center on-site
- Medical Insurance with Dental and Vision
- Life, short-term, and long-term disability options
- Career advancement opportunities and professional development
- Wellness programs that promote a healthy work-life balance
- Flexible Spending Account - Health Care/Childcare
- CalPERS retirement
- 457(b) option with a contribution match
- Paid life insurance for employees
- Pet care insurance
Key Responsibilities
- Lead ongoing analyses of financial, budgetary, or medical claims data, through forecasting, statistical analyses, trending, regression analyses, provider contracting analyses, risk adjustment analyses, and/or utilization assessment. Identify key issues and trends and bring them to the attention of higher-level staff members. Use professional concepts and internal policies and procedures to solve problems or provide suggestions.
- Build financial models to support operational initiatives and analytical endeavors and enable decision-making on business and strategic matters. Quantify the financial impact of opportunities or expenditures. Test and reconcile all financial models and analytic results. Provide ongoing financial analyses. Consolidate a wide-range of operating and financial projections for the development of short- and long-term business plans.
- Manage complex financial analysis projects and under supervision of a more senior staff member if required. Monitor, analyze and evaluate complex data using statistical tools to identify variances, problems and trends.
- Generate and distribute regularly scheduled actuarial reports. Review and organize actuarial and operational data for reports. Utilize statistical tools to monitor and provide ongoing analysis of these reports, noting any aberrant data. May be responsible for the preparation of complex reports.
- Participate in a variety of special studies and ad hoc analyses in support of departmental business and/or clinical objectives.
- Research and resolve data integrity issues. Work independently or with other departments to solve problems.
- Act as a project lead to staff in other departments, providing information and explanations related to financial data as needed. Answer most questions and refer highly complex issues to others.
- Participate in and lead workgroups or meetings. Communicate and present financial analyses and models to appropriate audiences.
- Mentor or provide training to junior staff on actuarial analytics and the use of data.
- Perform any other duties as required to ensure Health Plan operations and department business needs are successful.
Qualifications
Education & Requirements
- Candidates with an FSA designation: At least four (4) years of actuarial experience required. Managed Care experience is required
- Candidates with an ASA designation: At least five (5) years of actuarial experience required. Managed Care experience is required
- Healthcare and/or Medicaid experience is preferred
- Bachelor's degree from an accredited institution required
- Associate of the Society of Actuaries (ASA) or Fellow of the Society of Actuaries (FSA) is required
Key Qualifications
- SQL Programming knowledge or equivalent is preferred. Health care knowledge, specifically managed care, is required
- Excellent interpersonal and communication skills (both oral & written)
- Ability to work independently and take initiative
- Extremely organized, with sharp attention to detail, strong work ethic, and expansive learner
- Ability to identify and resolve problems, think creatively, strategically, and analytically
- Position is eligible for telecommuting/remote work location upon completing the necessary steps and receiving HR approval
- All IEHP positions approved for telecommute work locations may periodically be required to report to IEHP's main campus for mandatory in-person meetings or for other business needs as determined by IEHP leadership
Start your journey towards a thriving future with IEHP and apply TODAY!
Work Model Location
Telecommute (All IEHP positions approved for telecommute work locations may periodically be required to report to IEHP's main campus for mandatory in-person meetings or for other business needs as determined by IEHP leadership)
Pay Range
USD $118,601.60 - USD $157,144.00 /Yr.