Actuarial Analyst

About the Role

• Actuarial Analyst position at Optum.
• Telecommuting is available from anywhere in the U.S.

Key Responsibilities

• Comply revenue and statistical data for various projects, including producing monthly variance analysis reports and forecast revenue.
• Perform expense cost projections and unpaid claim reserve estimates.
• Access and extract data from databases, review it for accuracy, and resolve any issues.
• Develop and generate data reports, applying actuarial approaches while balancing principles with business realities.
• Measure historical relationships to identify trend drivers, create and test models, and maintain them for efficiency.
• Analyze healthcare claims data, perform quantitative analysis, and develop detailed data sets for client reporting and analytics.
• Set and defend key model assumptions.

Requirements & Tech Stack

• Microsoft Excel, including VBA coding.
• Microsoft Office suite including Outlook, Teams, or PowerPoint.
• Ability to interpret, modify, and create Python code.
• Foundational actuarial concepts such as premium, claims, and reserves.
• Healthcare modeling concepts such as runout, claims triangles, incidence, severity, and VaR.

Qualifications

• Employer will accept a Bachelor's degree in Mathematics, Statistics, Actuarial Science, Finance, Economics or related field.
• Completion of graduate-level coursework, research project, internship, or thesis OR one (1) year of experience involving the following:
• Completion of at least one Actuarial exam.