Description and Requirements
The Manager of Actuarial Services is responsible for coordinating and performing the analysis of the Forecast and Budget for all lines of business, as well as monitoring product performance and trends each month. This individual will work closely with other areas of the organizations to gather input and communicate results of the Forecast and Budget. Hybrid Work Schedule consists of reporting to our 100 Church Street, NYC office 3 days per week.
Scope of Responsibilities:
- Monitor experience for Healthfirst's Medicaid lines of business.
- Analyze and interpret impacts of premium rate changes and other regulatory changes, including support of premium rate advocacy efforts.
- Perform analysis of changing populations, benefits, and other trends underlying the financial performance of the Medicaid lines of business.
- Research, evaluate, and analyze the Medicaid market landscape to support strategic planning for the business.
- Provide input and assistance to other actuarial functions such as in reserving, forecasting, trend and other ad-hoc analyses supporting the Medicaid lines of business.
- Analyze product and segment performance, incorporating both historical observation and insight into prospective trends. Develop business plans containing forecasts of future financial performance.
- Participate in monthly close meetings, Quarterly Business Reviews, and Annual Budget with Product team, and prepare and facilitate product performance discussion materials and ad-hoc analysis on the Medicaid lines of business.
- Manage and direct staff as appropriate.
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Required Qualifications:
- Bachelor's degree in Actuarial Science, Math, Economics, Finance or any related degree
- Experience in the actuarial field related to Medicaid
- Experience with programming/coding, preferably SAS, SQL, or Python
- Ability to collect, analyze and summarize qualitative/quantitative data
Preferred Qualifications:
- ASA (Associate, Society of Actuaries) membership
- MAAA (Member, American Academy of Actuaries) membership
- Prior work experience managing one or more staff
Hiring Range:
- Greater New York City Area (NY, NJ, CT residents): $100,900 - $145,775
- All Other Locations (within approved locations): $86,500 - $128,690
As a candidate for this position, your salary and related elements of compensation will be contingent upon your work experience, education, licenses and certifications, and any other factors Healthfirst deems pertinent to the hiring decision.
In addition to your salary, Healthfirst offers employees a full range of benefits such as, medical, dental and vision coverage, incentive and recognition programs, life insurance, and 401k contributions (all benefits are subject to eligibility requirements). Healthfirst believes in providing a competitive compensation and benefits package wherever its employees work and live.
The hiring range is defined as the lowest and highest salaries that Healthfirst in "good faith" would pay to a new hire, or for a job promotion, or transfer into this role.
WE ARE AN EQUAL OPPORTUNITY EMPLOYER. Applicants and employees are considered for positions and are evaluated without regard to mental or physical disability, race, color, religion, gender, gender identity, sexual orientation, national origin, age, genetic information, military or veteran status, marital status, mental or physical disability or any other protected Federal, State/Province or Local status unrelated to the performance of the work involved.