8 Actuarial Analyst Jobs in New York, NY
EmblemHealth is Hiring an Actuarial Analyst Near New York, NY
- Identify opportunities to reduce medical expenses and collaborate with other areas to implement and monitor performance.
- Develop studies, analyses, and presentation materials needed to appropriately inform decision makers.
- Complete pricing analysis, experience analysis and studies, financial projections, and other actuarial/financial calculations.
- Run, modify, and create data queries to produce analysis and reports.
- Perform actuarial tasks which are of a mathematical and quantitative nature.
- Support analysis of hospital, professional, and drug claim/utilization trends, membership/demographics, and various other ad-hoc analyses.
- Maintain appropriate controls around models and other work products.
- Ensure quality and on time completion of deliverables.
- Assist with rate filings or valuation calculations.
- Support preparation of forecasts and monitoring of results or trends.
- Support development of efficient and transparent queries to obtain data that is appropriate to the purpose.
- Ensure internal and external consistency of all work.
- Perform reasonability checks dependent on industry knowledge and experience.
- Develop and implement analyses for special projects.
- Provide technical and analytical support for the actuarial department.
- Proactively take on additional work as needed by the team.
- Perform duties and assignments as directed or required.
Requirements:
- Bachelor's degree in Actuarial Science, Mathematics, other physical science, or related finance/business degree required
- 3 - 5 years relevant, professional work experience and/or education required
- Must make sufficient progress toward obtaining actuarial credentials, defined as sitting for a minimum of one exam per year,scoring above a zero, and obtaining at least a combined score of 5 over two consecutive sittings
- When unable to meet the progress outlined in the bullet above, the role will be transitioned to a non-Actuarial job title and job description
- Actuarial/analytical experience, preferably in a healthcare environment preferred
- Strong mathematical and analytical skills required
- Strong communication skills (verbal, written, presentation) required
- Strong working knowledge of MS Office (Outlook, Word, Excel, PowerPoint, etc.) required
- Working knowledge of SQL, R, Python or similar required
- Capable with Excel, data extraction, simulations, automation required
Job Summary
Full Time
$111k-137k (estimate)
04/15/2024
04/28/2024
emblemhealth.com
ALBANY, NY
3,000 - 7,500
1941
Public
JON BENN
$5B - $10B
Ambulatory Healthcare Services
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About EmblemHealth
S&P Global is a financial intelligence company that provides SaaS-based credit ratings, benchmarks and analytics solutions for businesses.
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Analysts are often also responsible for the monthly, quarterly, and annual reporting processes that need to be completed by the actuarial departments.
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They use statistical models to analyze data and assess risk.
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They teach math concepts that are very specific to the actuarial field.
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Actuarial analysts use advanced statistics and modeling to understand data and assist actuaries.
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Actuarial Analysts use statistics and mathematics to predict financial risks for companies.
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Career tips from people on Actuarial Analyst jobs
Many actuaries earn an actuarial science degree, but some pursue other analytical majors, such as mathematics or statistics.
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Entry-level positions for Risk Analysts typically require.
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Pass at least one actuarial exam.
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