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
Senior Forecasting Actuary - RemoteJob Description
The Senior Forecasting Actuary is responsible for providing complex actuarial and pricing analyses to Prime’s existing and potential clients. This role will use, build, and develop 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). This role will also provide actuarial support in complex projects that are highly visible to senior leadership and across the organization.
Responsibilities
Own, build, support, and maintain financial and complex actuarial models
Lead, perform, and review data analyses, reporting, and projections
Lead, perform, and review complex ad hoc pharmacy data mining and analyses to help investigate and answer challenging questions regarding actuarial data and concepts
Collaborate with Underwriters, other areas of Prime, and senior leaders on pricing initiatives, data analyses, and the RFP process
Present results and analyses to key stakeholders, senior management, and clients
Mentor Actuarial team members to enhance actuarial knowledge
Ensure work is consistent with actuarial standards, as applicable
Other duties as assigned
Minimum Qualifications
Bachelor’s degree in Math, Actuarial Science, Economics or Finance
5 years of actuarial work experience to include 3 years in a healthcare organization or PBM
Actuarial designation (ASA or FSA)
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; intermediate level of proficiency 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 with attention to details
Excellent verbal and written communication skills
Excellent presentation skills
Strong project management and organizational skills
Preferred Qualifications
5 years of actuarial work experience in a healthcare organization or PBM
Previous experience pricing Commercial, Medicare or Medicaid lines of businesses
3 years of experience in SAS, SQL, or VBA
Previous experience in model development
Previous experience building and/or improving actuarial models or processes
Minimum Physical Job Requirements
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
Reporting Structure
Reports to Senior Principal in the Finance department
Prime Therapeutics LLC is proud to be an equal opportunity and affirmative action employer. We encourage diverse candidates to apply, and all qualified applicants will receive consideration for employment without regard to race, creed, color, religion, gender, sexual orientation, gender identity/expression, national origin, disability, age, genetic information, veteran status, marital status, pregnancy or related condition (including breastfeeding), expecting or parents-to-be, or any other basis protected by law.
We welcome people of different backgrounds, experiences, abilities, and perspectives including qualified applicants with arrest and conviction records and any qualified applicants requiring reasonable accommodations in accordance with the law.
Prime Therapeutics LLC is a Tobacco-Free Workplace employer.
Positions will be posted for a minimum of five consecutive workdays.