Description

Providence Health Plan caregivers are not simply valued – they’re invaluable. Join our team and thrive in our culture of patient-focused, whole-person care built on understanding, commitment, and mutual respect. Your voice matters here, because we know that to inspire and retain the best people, we must empower them.

Providence Health Plan is calling a Senior Actuarial Analyst, Valuation who will:

• Analyze and interpret historical data, claim patterns, and other relevant information to estimate IBNR reserves for various lines of insurance.
• Develop and maintain actuarial models and methods to accurately estimate IBNR reserves, ensuring compliance with regulatory requirements.
• Conduct regular actuarial valuations to assess the financial impact of IBNR reserves on the company's balance sheet and financial statements.
• Stay updated with industry trends and best practices in IBNR estimation methodologies, and implement improvements to enhance accuracy and efficiency.
• Monitor and analyze emerging trends in claims, legal environment, and medical advancements, and proactively provide insights on their potential impact on IBNR reserves.
• Collaborate with internal and external stakeholders, including auditors, regulators, and rating agencies, to ensure compliance and transparency in reporting IBNR reserves

We welcome 100% remote work for residents who reside in one of the following States:

• Alaska
• Washington
• Oregon
• Montana
• Idaho
• California
• Nevada
• New Mexico
• Texas

Required qualifications for this position include:

• Bachelor's Degree in Statistics, Mathematics, Actuarial, Finance, or another related field of study
• Successful completion of 4 exams of the Associate of the Society of Actuaries (ASA) designation
• 5 years of healthcare actuarial experience
• 2 years of actuarial experience
• Experience with writing queries in SQL or another programming language
• Demonstrated experience applying project management skills in data-related and financial analysis projects

Preferred qualifications for this position include:

• Associate of the Society of Actuaries (ASA) designation
• Fellow or Associate in the Society of Actuaries (FSA or ASA)
• This role specially supports valuation and it is preferred that you have 2 years of valuation experience
• 2 years of commercial pricing experience

Why Join Providence?

Our best-in-class benefits are uniquely designed to support you and your family in staying well, growing professionally and achieving financial security. We take care of you, so you can focus on delivering our Mission of caring for everyone, especially the most vulnerable in our communities.

About Providence

At Providence, our strength lies in Our Promise of “Know me, care for me, ease my way.” Working at our family of organizations means that regardless of your role, we’ll walk alongside you in your career, supporting you so you can support others. We provide best-in-class benefits and we foster an inclusive workplace where diversity is valued, and everyone is essential, heard and respected. Together, our 120,000 caregivers (all employees) serve in over 50 hospitals, over 1,000 clinics and a full range of health and social services across Alaska, California, Montana, New Mexico, Oregon, Texas and Washington. As a comprehensive health care organization, we are serving more people, advancing best practices and continuing our more than 100-year tradition of serving the poor and vulnerable.

The amounts listed are the base pay range; additional compensation may be available for this role, such as shift differentials, standby/on-call, overtime, premiums, extra shift incentives, or bonus opportunities.

Check out our benefits page for more information about our Benefits and Rewards.

About the Team

Providence Shared Services is a service line within Providence that provides a variety of functional and system support services for our family of organizations across Alaska, California, Montana, New Mexico, Oregon, Texas and Washington. We are focused on supporting our Mission by delivering a robust foundation of services and sharing of specialized expertise.

Providence is proud to be an Equal Opportunity Employer. We are committed to the principle that every workforce member has the right to work in surroundings that are free from all forms of unlawful discrimination and harassment on the basis of race, color, gender, disability, veteran, military status, religion, age, creed, national origin, sexual identity or expression, sexual orientation, marital status, genetic information, or any other basis prohibited by local, state, or federal law. We believe diversity makes us stronger, so we are dedicated to shaping an inclusive workforce, learning from each other, and creating equal opportunities for advancement.

Requsition ID: 271878

Company: Providence Jobs

Job Category: Actuarial

Job Function: Finance

Job Schedule: Full time

Job Shift: Day

Career Track: Business Professional

Department: 5018 FINAN FINANCIAL ANALYTICS OR REGION

Address: OR Portland 4400 NE Halsey St

Work Location: Providence Office Park Portland Bldg 1-Portland

Pay Range: $39.32 - $62.25

The amounts listed are the base pay range; additional compensation may be available for this role, such as shift differentials, standby/on-call, overtime, premiums, extra shift incentives, or bonus opportunities.

Check out our benefits page for more information about our Benefits and Rewards.