Actuarial Analyst - REMOTE

Our work matters. We help people get the medicine they need to feel better and live well. We do not lose sight of that. It fuels our passion and drives every decision we make.

Job Posting Title

Job Description

The Actuarial Analyst is responsible for providing actuarial and pricing analyses to Prime’s existing and potential clients. This role will use and build innovative actuarial modeling concepts to assist strategically on trend, benefit design and pricing support for all Prime’s lines of business (commercial, Medicare and Medicaid).

Responsibilities

• Build, support, and maintain financial and actuarial models
• Perform and review data analyses, reporting, and projections
• Perform and review ad hoc pharmacy data mining and analyses to help investigate and answer challenging questions regarding actuarial data and concepts
• Assist with development of client presentations
• Collaborate with underwriters, other areas of Prime, and senior management on pricing initiatives, data analyses, and the RFP process
• Ensure work is consistent with actuarial standards, as applicable
• Other duties as assigned

Education & Experience

• Bachelor’s degree in Math, Actuarial Science, Economics or Finance

• 2 years of work experience in actuarial services, underwriting, or analytics
• 3 actuarial exams passed
• Must be eligible to work in the United States without need for work visa or residency sponsorship

Additional Qualifications

• Advanced level of proficiency in Excel; proficient in SAS, SQL, or VBA
• Excellent quantitative, problem solving, and analytical skills
• Self-motivated with the ability to balance and follow-up on multiple projects
• Strong verbal and written communication skills

Preferred Qualifications

• 2 years of actuarial work experience in a healthcare organization or PBM
• Previous experience pricing Commercial, Medicare or Medicaid lines of businesses
• 1 year of experience in SAS, SQL, or VBA
• Previous experience presenting results

Physical Demands

• Constantly required to sit, use hands to handle or feel, talk and hear
• Frequently required to reach with hands and arms
• Occasionally required to stand, walk and stoop, kneel, and crouch
• Occasionally required to lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds
• Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus

Every employee must understand, comply with and attest to the security responsibilities and security controls unique to their job, and comply with all applicable legal, regulatory, and contractual requirements and internal policies and procedures.