Associate Actuary SPA RX

Profile

Description

The Associate Actuary, SPA RX will be mainly responsible for supporting the pricing work related to our standalone Prescription Drug Plans (PDPs). This includes both bid development and reforecasts throughout the year. In addition, this position will also include various other ad hoc assignments related to Medicare Part D forecasting, pricing, and analysis.

Responsibilities

Responsibilities

The Associate Actuary role in this position will include the following main responsibilities:


Working with various departments and groups to develop and document the pricing assumptions used in preparation of PDP bids and Supporting Documentation
Preparing the PDP bids and Supporting Documentation for the initial and all subsequent submissions
Maintaining and improving pricing tools
Quantifying and reporting impacts of assumption changes between forecasts
Performing analyses in order to optimize financial performance of PDP offerings


Required Qualifications


Bachelor's Degree
Associate of Society of Actuaries (ASA) designation
Meets eligibility requirements for Humana's Actuarial Professional Development Program (APDP)
MAAA
Strong communication and interpersonal skills
Highly motivated and willing to learn


Preferred Qualifications


Three or more years of Actuarial Healthcare Experience
Three or more years of Medicare experience
Ability to work independently
Strong analytical skills
SAS beginner level or higher
Microsoft Power BI beginner level or higher
R beginner level or higher


Scheduled Weekly Hours

40

Company info

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