Prime Therapeutics

Senior Actuarial Analyst - REMOTE

Prime Therapeutics$94K — $160K *
US-AnywhereRemote in United States
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in Math, Actuarial Science, Economics or Finance
  • 5 years of actuarial work experience, including 3 years in a healthcare organization or PBM
  • Actuarial designation (ASA or FSA)
  • Eligibility to work in the United States without sponsorship
  • Advanced proficiency in Excel; intermediate proficiency in SAS, SQL, or VBA

Responsibilities

  • Own, build, support, and maintain financial and actuarial models
  • Lead and review data analyses, reporting, and projections
  • Conduct pharmacy data mining and analyses for complex actuarial inquiries
  • Collaborate with Underwriters and senior leadership on pricing initiatives
  • Present results and analyses to stakeholders and management
  • Mentor other Actuarial team members
  • Ensure compliance with actuarial standards

Benefits

  • Comprehensive benefits package
  • Opportunities for professional development
  • Flexible work environment
  • Remote work options
  • Exposure to high-impact projects with senior leadership
Full Job Description
Job Posting Title

Senior Actuarial Analyst - REMOTEJob Description

The Senior Actuarial Analyst is responsible for providing complex actuarial and pricing analyses to Prime’s existing and potential clients. This role will use, build, and develop innovative actuarial modeling concepts to assist strategically on trend, benefit design and pricing support for all Prime’s lines of business (commercial, Medicare and Medicaid). This role will also provide actuarial support in complex projects that are highly visible to senior leadership and across the organization.

Responsibilities

  • Own, build, support, and maintain financial and complex actuarial models
  • Lead, perform, and review data analyses, reporting, and projections
  • Lead, perform, and review complex ad hoc pharmacy data mining and analyses to help investigate and answer challenging questions regarding actuarial data and concepts
  • Collaborate with Underwriters, other areas of Prime, and senior leaders on pricing initiatives, data analyses, and the RFP process
  • Present results and analyses to key stakeholders, senior management, and clients
  • Mentor Actuarial team members to enhance actuarial knowledge
  • Ensure work is consistent with actuarial standards, as applicable
  • Other duties as assigned

Minimum Qualifications

  • Bachelor’s degree in Math, Actuarial Science, Economics or Finance
  • 5 years of actuarial work experience to include 3 years in a healthcare organization or PBM
  • Actuarial designation (ASA or FSA)
  • Must be eligible to work in the United States without need for work visa or residency sponsorship

Additional Qualifications

  • Advanced level of proficiency in Excel; intermediate level of proficiency in SAS, SQL, or VBA
  • Excellent quantitative, problem solving, and analytical skills
  • Self-motivated with the ability to balance and follow-up on multiple projects with attention to details
  • Excellent verbal and written communication skills
  • Excellent presentation skills
  • Strong project management and organizational skills

Preferred Qualifications

  • 5 years of actuarial work experience in a healthcare organization or PBM
  • Previous experience pricing Commercial, Medicare or Medicaid lines of businesses
  • 3 years of experience in SAS, SQL, or VBA
  • Previous experience in model development
  • Previous experience building and/or improving actuarial models or processes

Every employee must understand, comply with and attest to the security responsibilities and security controls unique to their job, and comply with all applicable legal, regulatory, and contractual requirements and internal policies and procedures

Every employee must be able to perform the essential functions of the job and, if requested, reasonable accommodations will be made to enable employees with disabilities to perform the essential functions, absent undue hardship. In addition, Prime retains the right to change or assign other duties to this job.

Potential pay for this position ranges from $94,000.00 - $160,000.00 based on experience and skills.

To review our Benefits, Incentives and Additional Compensation, visit our and click on the "Benefits at a glance" button for more detail (https://www.primetherapeutics.com/benefits).

About Prime Therapeutics

Prime Therapeutics is a pharmacy benefit management company that serves health plans, employers, and government programs. The company was founded in 1998 and is headquartered in Eagan, Minnesota. Prime Therapeutics manages prescription drug benefits for more than 30 million people across the United States. The company's services include claims processing, formulary management, and clinical programs. Prime Therapeutics is owned by 18 Blue Cross and Blue Shield health plans. In 2017, the company reported revenue of $5.3 billion.
Learn more about Prime Therapeutics
Size
4,000 employees
Industry
Founded
1990

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