Actuarial Analyst I, Pricing and Rate Filings - Remote AZ

Overview

This position performs actuarial and advanced analytical work to support product pricing, benefit development, rate filings, forecasting, and other business decisions. The role translates data into actionable insights that support financial performance, regulatory compliance, and affordable coverage for members.

Work Location & Onsite Requirements

This remote work opportunity requires residency and work to be performed within the State of Arizona.

Hybrid and onsite expectations may vary by job classification and business need, including minimum onsite requirements such as:

• Hybrid People Leaders: must reside in AZ; required onsite at least twice per week
• Hybrid Individual Contributors: must reside in AZ (unless otherwise cited in the posting); required onsite at least once per week
• Hybrid 2 (Operational Roles such as but not limited to: Customer Service, Claims Processors, and Correspondence positions): must reside in AZ (unless otherwise cited in the posting); required onsite at least once per month
• Onsite: daily onsite requirement based on the essential functions of the job
• Remote: not held to onsite requirements; leadership can request presence onsite for business reasons including staff meetings, one-on-ones, training, and team building

Most employees should expect onsite requirements and at a minimum of once per week. Onsite requirements may change in the future based on business need and job responsibilities.

Responsibilities

Actuarial Analyst I / Associate Actuary I (Under general supervision)

• Determine adequate and competitive premium levels for Individual, Commercial and Government products
• Prepare and submit rate filings to Federal and State authorities
• Analyze benefit changes, prepare competitive analysis, and summarize results
• Complete financial forecast scenario modeling to evaluate and ensure profitable business segments
• Prepare impact analysis for benefit changes and develop pricing factors to ensure adequate premium coverage for each product line
• Perform sensitivity testing analysis and summarize results to management
• Demonstrate knowledge of Individual, Commercial and Government products, pricing, and forecasting
• Display initiative in research beyond the specific assignment
• Meaningfully contribute to the area’s workload, considering volume and complexity

All Levels

• Each progressive level includes the ability to perform the essential functions of any lower levels and train employees in those levels
• Perform all other duties as assigned

Full-Time Schedule

• Full-time work schedule
• Full-time is defined as working at least 40 hours per week, plus any additional hours as requested or as needed to meet business requirements

Required Qualifications

• Work Experience: No experience is required
• Education: Bachelor’s Degree in actuarial science, business, mathematics, statistics, economics or related field of study

Required Competencies / Job Skills (Applies to All Levels)

• Advanced skill in mathematics and statistics
• Analytical knowledge necessary to generate reports, actuarial analyses, and mathematical models based on available data, then make sound decisions based on reported data
• Ability to solve problems independently and draw accurate conclusions from limited data using basic mathematical modeling and actuarial techniques
• Ability to deal with ambiguity and make recommendations with less than complete or conflicting information while maintaining appropriate time management
• Ability to maintain confidentiality and privacy
• Ability to communicate effectively, both orally and in writing, to all levels in all departments
• Ability to summarize technical information to a non-technical audience
• Ability to build and maintain productive working relationships with others

Preferred Qualifications

• Work Experience (applies to all levels):
  • 5 years of experience working for a healthcare organization / health insurer
  • 5 years of experience in an actuarial field
• Education (applies to all levels):
  • Bachelor’s Degree in business, mathematics, statistics, or related field of study
• Certifications (applies to all levels):
  • Associate, Society of Actuaries (ASA)
  • Member of the American Academy of Actuaries (MAAA)

Compensation & Benefits

Compensation and benefits are not specified in the provided job description.

Equal Employment Opportunity

The employer does not discriminate in hiring or employment on the basis of race, ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status or any other protected group.