Status: Full-Time with Client
Location: 100% Remote in the following states: Alaska, Washington, Oregon, Montana, Idaho, California, Nevada, New Mexico, and Texas
Salary: $81,000 to $129,000
Schedule: 4 - 10 hour days
Visa Sponsorship: Not available
Travel: Occasional
Job Summary:
We are seeking a Senior Actuarial Analyst, Valuation who will:
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Analyze and interpret historical data, claim patterns, and other relevant information to estimate IBNR reserves for various lines of insurance.
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Develop and maintain actuarial models and methods to accurately estimate IBNR reserves, ensuring compliance with regulatory requirements.
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Conduct regular actuarial valuations to assess the financial impact of IBNR reserves on the company's balance sheet and financial statements.
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Stay updated with industry trends and best practices in IBNR estimation methodologies, and implement improvements to enhance accuracy and efficiency.
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Monitor and analyze emerging trends in claims, legal environment, and medical advancements, and proactively provide insights on their potential impact on IBNR reserves.
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Collaborate with internal and external stakeholders, including auditors, regulators, and rating agencies, to ensure compliance and transparency in reporting IBNR reserves
Required Qualifications:
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Bachelor's Degree in Statistics, Mathematics, Actuarial, Finance, or another related field of study
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Successful completion of 4+ exams of the Associate of the Society of Actuaries (ASA) designation
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5+ years of healthcare actuarial experience
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2+ years of actuarial experience
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Experience with writing queries in SQL or another programming language
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Demonstrated experience applying project management skills in data-related and financial analysis projects
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Associate of the Society of Actuaries (ASA) designation
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Fellow or Associate in the Society of Actuaries (FSA or ASA)
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This role specially supports valuation and it is preferred that you have 2+ years of valuation experience
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2+ years of commercial pricing experience
Department: Health Science
This is a non-management position
This is a full-time position