Actuarial Analyst (Remote)

$111,700 - $111,700/Yr

Prime Therapeutics - Jackson, MS

posted 2 months ago

Full-time - Entry Level
Remote - Jackson, MS
Administrative and Support Services

About the position

The Actuarial Analyst position at Prime Therapeutics is a remote role focused on providing actuarial and pricing analyses to both existing and potential clients. This position is integral to the company's operations, utilizing innovative actuarial modeling concepts to support strategic initiatives related to trend analysis, benefit design, and pricing across all lines of business, including commercial, Medicare, and Medicaid. The Actuarial Analyst will be responsible for building, supporting, and maintaining financial and actuarial models that are crucial for decision-making processes within the organization. In this role, the analyst will perform and review data analyses, reporting, and projections, ensuring that all work aligns with actuarial standards. The position also involves conducting ad hoc pharmacy data mining and analyses to address complex questions regarding actuarial data and concepts. The Actuarial Analyst will assist in the development of client presentations and collaborate closely with underwriters, other departments within Prime, and senior management on pricing initiatives and the Request for Proposal (RFP) process. This collaborative environment emphasizes the importance of effective communication and teamwork in achieving the company's goals. The role requires a self-motivated individual who can manage multiple projects simultaneously while maintaining a high level of accuracy and attention to detail. The Actuarial Analyst will also be expected to adapt to the fast-paced and dynamic nature of the healthcare industry, contributing to the overall mission of Prime Therapeutics to help people access the medications they need to live healthier lives.

Responsibilities

  • Build, support, and maintain financial and actuarial models
  • Perform and review data analyses, reporting, and projections
  • Perform and review ad hoc pharmacy data mining and analyses to help investigate and answer challenging questions regarding actuarial data and concepts
  • Assist with development of client presentations
  • Collaborate with underwriters, other areas of Prime, and senior management on pricing initiatives, data analyses, and the RFP process
  • Ensure work is consistent with actuarial standards, as applicable
  • Other duties as assigned

Requirements

  • Bachelor's degree in Math, Actuarial Science, Economics or Finance
  • 2 years of work experience in actuarial services, underwriting, or analytics
  • 3 actuarial exams passed
  • Must be eligible to work in the United States without need for work visa or residency sponsorship
  • Advanced level of proficiency in Excel; proficient 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
  • Strong verbal and written communication skills

Nice-to-haves

  • 2 years of actuarial work experience in a healthcare organization or PBM
  • Previous experience pricing Commercial, Medicare or Medicaid lines of businesses
  • 1 year of experience in SAS, SQL, or VBA - Previous experience presenting results

Benefits

  • Health insurance
  • Dental insurance
  • Vision insurance
  • 401k plan
  • Paid holidays
  • Paid time off
  • Flexible scheduling
  • Professional development opportunities
  • Employee discount programs
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