- Identifies and mitigates potential regulatory risks associated with new product development
- Supports competitive and cost-benefit analyses by comparing actuarial features and pricing of competitor products
- Evaluates the feasibility and potential improvement of proposed product features from an actuarial standpoint
- Identifies and reports any occurrences that may indicate violations of laws or statutes to management
- Assists with product marketing by creating insightful data visualization presentations on actuarial products and actuarial benefits
- Supports product pricing including set up of underlying assumptions for new and existing products; participates in the product development process from the technical/actuarial perspective for product pricing and features
- Analyzes revenue and expense projections, identifying key variances and their implications
- Performs initial calculations for unpaid claims reserves and Affordable Care Act (ACA) related items and prepares reports on reserve levels
- Analyzes insurance data and prepares initial reports on coverage trends and effectiveness
#LI-Hybrid
- Completion of two Society of Actuaries (SOA) exams
** Typical Qualifications **
- Bachelor's degree in Actuarial Science, Mathematics, Statistics or related field or equivalent combination of education and experience
- Four years of related experience
- One year of experience in the health insurance industry
- Validation by Education Experience (VEE)
- Completion of two Society of Actuaries (SOA) exams