Highmark Inc.Job Description :
JOB SUMMARY
This job prepares, performs, and analyzes actuarial studies. Utilizes existing processes and applies actuarial techniques and statistical analysis to at least one of several functions, such as insurance premium and pricing development, claim trend analysis, experience studies, medical economics, profitability analysis, wellness studies, predictive modeling, and claim reserving.
ESSENTIAL RESPONSIBILITIES
- Develop queries to obtain data that is appropriate to the purpose with minimal assistance and oversight.
- Develop studies, analyses, and presentation materials needed to appropriately inform decision makers. Seek input and assistance as required to ensure actuarial work, analyses, and materials are appropriate.
- Proactively ensure the internal and external consistency of all work. This includes (and is not limited to): ensuring input data is correct and appropriately entered, verifying that numbers add up, confirming formulas are correct, and demonstrating consistency with control totals.
- Understand the environment, goals, and objectives of the incumbent's own position, their team, and the internal customers with whom the incumbent regularly works. Check in with immediate manager to ensure own assignments are carried out in a manner that's consistent with team and customer goals.
- Manage own time and resources across projects, focusing on quality, time, scope, usefulness, and appropriateness of work. Carry out recurring projects with minimal assistance and oversight. Keep manager informed.
- Interact with customers in a manner that fosters cooperation, teamwork, and influence while conveying engagement and competence. Enhance department influence by providing responsive service and understanding customer needs.
- Develop and maintain positive relationship with others. Listen, take direction, accept criticism and feedback to improve performance. Perform assigned tasks and alert manager when there's down time. Proactively take on additional work as needed by the team.
- Other duties as assigned.
EDUCATION
Required
- Bachelor's Degree in Actuarial Science, Mathematics, Statistics or closely related field
Substitutions
- None
Preferred
- None
EXPERIENCE
Required
- 0 - 3 years in an Actuarial role
- 1 Exam Component
Preferred
- 2 Exam Components
LICENSES AND CERTIFICATIONS
Required
- None
Preferred
- None
SKILLS
- Possesses and applies fundamental knowledge of actuarial principles, concepts, practices and processes within a specific field or discipline
- Possesses and builds upon foundational analytical skills
- Analytical Skills
- Oral & Written Communication Skills
- Problem-Solving
Language (Other than English)
None
Travel Required
0% - 25%
PHYSICAL, MENTAL DEMANDS and WORKING CONDITIONS
Position Type
Office-Based
Teaches / trains others regularly
Does Not Apply
Travel regularly from the office to various work sites or from site-to-site
Rarely
Works primarily out-of-the office selling products/services (sales employees)
Never
Physical work site required
Yes
Lifting: up to 10 pounds
Constantly
Lifting: 10 to 25 pounds
Rarely
Lifting: 25 to 50 pounds
Never
Disclaimer: The job description has been designed to indicate the general nature and essential duties and responsibilities of work performed by employees within this job title. It may not contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees to do this job.
Compliance Requirement: This job adheres to the ethical and legal standards and behavioral expectations as set forth in the code of business conduct and company policies.
As a component of job responsibilities, employees may have access to covered information, cardholder data, or other confidential customer information that must be protected at all times. In connection with this, all employees must comply with both the Health Insurance Portability Accountability Act of 1996 (HIPAA) as described in the Notice of Privacy Practices and Privacy Policies and Procedures as well as all data security guidelines established within the Company's Handbook of Privacy Policies and Practices and Information Security Policy.
Furthermore, it is every employee's responsibility to comply with the company's Code of Business Conduct. This includes but is not limited to adherence to applicable federal and state laws, rules, and regulations as well as company policies and training requirements.
Highmark Health and its affiliates prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities, and prohibit discrimination against all individuals based on their race, color, age, religion, sex, national origin, sexual orientation/gender identity or any other category protected by applicable federal, state or local law. Highmark Health and its affiliates take affirmative action to employ and advance in employment individuals without regard to race, color, age, religion, sex, national origin, sexual orientation/gender identity, protected veteran status or disability.
EEO is The Law
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Working at
Highmark
Highmark is a leading healthcare company that provides a comprehensive range of health insurance and healthcare services. With a strong presence in the healthcare industry, Highmark is committed to improving the health and well-being of individuals and communities. As an actuary at Highmark, you'll be part of a dynamic team that plays a crucial role in managing and assessing risks. Actuaries at Highmark utilize advanced statistical models and data analysis techniques to evaluate risks, develop pricing strategies, and ensure the financial stability of the company's insurance offerings. Collaborating with cross-functional teams, actuaries at Highmark provide valuable insights that support evidence-based decision-making. Actuaries analyze complex healthcare data, forecast trends, and develop innovative solutions that meet the evolving needs of customers while maintaining the financial strength of the company. Highmark values professional growth and offers actuaries ongoing training and development opportunities. Actuaries can enhance their skills, stay at the forefront of industry advancements, and contribute to the success of the organization. Join Highmark's esteemed actuarial team and embark on a rewarding career where you can apply your actuarial expertise, make a meaningful impact on improving healthcare outcomes, and enjoy competitive benefits in a collaborative and innovative work environment.