Actuarial Analyst I, Pricing and Rate Filings

About the Role

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

Key Responsibilities

• 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.
• Develop pricing factors to ensure adequate premium coverage for each product line.
• Develop sensitivity testing analysis and summarize results to management.
• Display 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.
• Perform all other duties as assigned.

Requirements & Tech Stack

• Advanced skill in mathematics and statistics.
• Analytical knowledge necessary to generate reports, actuarial analyses, and mathematical models based on available data and 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.
• This remote work opportunity requires residency, and work to be performed, within the State of Arizona.

Qualifications

• Bachelor's Degree in actuarial science, business, mathematics, statistics, economics or related field of study.
• No experience is required.

Preferred Qualifications

• 5 years of experience working for a healthcare organization / health insurer.
• 5 years of experience in an actuarial field.
• Associate, Society of Actuaries (ASA).
• Member of the American Academy of Actuaries (MAAA).