Job Description
EXEMPT
(Y/N): Yes SHIFT: Full Time
DIVISION: Accident & Health DEPARTMENT:
Accident & Health
SUMMARY: This
position is responsible for assisting the Vice President Actuary in the
financial reporting, monitoring and forecasting of the A&H business. Additional responsibilities include
providing relevant information to the marketing and executive areas as well as
assisting in the valuation of financial block deals.
ESSENTIAL
DUTIES AND RESPONSIBILITIES include
the following. Other duties may be
assigned.
Assist in
determining rate increases and management of all Medicare Supplement and Major
Medical programs
Assist in the development and maintenance of system
for calculating and reporting of reserves on accruals on a quarterly
basis. This will include data
gathering, analysis of data and presentation of results.
Assist in the financial monitoring of the A&H
business on a monthly basis.
Assist in completion of the Exhibits and Schedules for
quarterly and annual financial reporting.
Assist in the actuarial appraisals of insurance
companies, segments of insurance companies, and blocks of insurance contracts.
Assist in long-term financial projections and
forecasts.
Perform trend analysis of various blocks of business
as directed.
Assist in due diligence of insurance companies, third
party administrators, and other provider companies related to the A&H
business.
Actuarial Assistant- Accident and Health
QUALIFICATION
REQUIRMENTS: To perform this job successfully, an
individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative
of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals
with disabilities to perform the essential functions.
EDUCATION and/or EXPERIENCE:
BachelorŐs degree from an accredited college or
university
Minimum of 4 years actuarial experience in the health care insurance or consulting business
Excellent technical actuarial aptitude
Good communication and interpersonal skills
Good organizational skills
Excellent PC skills, to include Excel, Word and Access
Minimum of 3 actuarial exams from the Society of Actuaries with the intent to be credentialed