Actuarial Analyst
ESSENTIAL JOB DUTIES AND RESPONSIBILITIES
• Work collaboratively with client service and actuarial/financial teams to collect, validate, and reconcile data for accuracy and consistency.
• Integrate data from multiple sources into actuarial and financial client reports and deliverables.
• Prepare routine financial and actuarial reports for self‑funded clients including ongoing claim reporting, rate setting, contribution development and plan design modeling; partner with client service teams to review findings and trends.
• Assist in delivery of comprehensive financial reporting and insights to clients related to their health benefit plans.
• Build and maintain basic to moderately complex actuarial models to analyze, illustrate, and project medical/Rx loss trends and client plan performance.
• Prepare spreadsheets, graphs, charts, and other visualization tools to clearly communicate healthcare-related insights to clients.
• Utilize actuarial and financial modeling tools to estimate the potential impact of health plan design changes, regulatory changes, and health reform on client costs.
• Support development of health plan reserve estimates for self-funded clients.
• Produce custom analytics and reporting for unique client requests, leveraging actuarial and benchmark data where appropriate.
• Serve as a developing Subject Matter Expert on financial and actuarial reporting, building expertise over time.
• Learn and apply internal systems, tools, and modeling platforms to improve efficiency and analytical accuracy.
• Stay current on insurance/benefits industry developments, emerging trends, and actuarial best practices.
• Contribute to a positive client experience through accuracy, responsiveness, and clear communication.
• Participate in internal team meetings and trainings, including actuarial skill development sessions.
• Perform other responsibilities as assigned.