Actuary – Valuation & Reserving
Core
Conduct analysis, pricing, and risk assessment to estimate financial outcomes and support the Actuarial Valuation Team through trend analysis and valuation activities.
Role type
Senior IC actuary (valuation & reserving)
Builds
Monthly incurred but not paid reserves, NAIC actuarial opinions, and premium rate calculations
Domain
Health insurance / Actuarial science
Required skills
Actuarial modeling, claims reserving (IBNR), NAIC opinion process, financial mathematics, probability tables, premium rate calculation, merger/acquisition analysis, Excel (VBA, arrays, PivotTables, queries)
Preferred skills
SQL, Python, Power BI, AI tool integration, healthcare valuation experience, MAAA membership
Technologies
Excel, VBA, SQL, Python, Power BI
Responsibilities
Estimate liabilities for claims incurred but not paid, Communicate financial results to health plans and internal stakeholders, Support the NAIC actuarial opinion process, Develop probability tables based on statistical data analysis, Review insurance plans and calculate required premium rates, Participate in merger and acquisition analysis
Seniority
Senior, hands-on IC