Associate Actuary - Analytics/Forecasting

Full-time - Entry Level

Springfield, IL

Insurance Carriers and Related Activities

About the position

The Associate Actuary, Analytics/Forecasting at Humana plays a crucial role in analyzing and forecasting financial, economic, and other data to provide accurate and timely information that supports strategic and operational decisions. This position involves establishing metrics, conducting data analyses, and directly supporting business intelligence initiatives. The Associate Actuary evaluates industry, economic, financial, and market trends to forecast the organization's short, medium, and long-term financial and competitive position. The work assignments for this role involve moderately complex to complex issues, requiring an in-depth evaluation of various factors affecting the data and its implications for the organization. In this role, the Associate Actuary ensures data integrity by developing and executing necessary processes and controls around the flow of data. Collaboration with stakeholders is essential to understand business needs and issues, troubleshoot problems, conduct root cause analysis, and develop cost-effective resolutions for any data anomalies. The Associate Actuary begins to influence the department's strategy and makes decisions on moderately complex to complex issues regarding the technical approach for project components. The work is performed with considerable latitude, allowing the Associate Actuary to determine objectives and approaches to assignments independently. This position is ideal for individuals who are passionate about contributing to an organization focused on continuously improving consumer experiences and who possess strong analytical and communication skills. The Associate Actuary will have the opportunity to make a significant impact on the organization by leveraging their skills in data analysis and forecasting to drive informed decision-making.

Responsibilities

• Analyze and forecast financial, economic, and other data to support strategic and operational decisions.
• Establish metrics and conduct data analyses to support business intelligence.
• Evaluate industry, economic, financial, and market trends to forecast the organization's financial and competitive position.
• Ensure data integrity by developing and executing processes and controls around data flow.
• Collaborate with stakeholders to understand business needs and troubleshoot data-related issues.
• Conduct root cause analysis and develop cost-effective resolutions for data anomalies.
• Influence department strategy and make decisions on technical approaches for project components.

Requirements

• Bachelor's Degree in a relevant field.
• Associate of Society of Actuaries (ASA) designation.
• Meets eligibility requirements for Humana's Actuarial Professional Development Program (APDP).
• MAAA designation.
• Strong communication skills.
• Successful completion of at least 3 actuarial exams.
• Passion for contributing to an organization focused on improving consumer experiences.

Benefits

• Medical, dental, and vision benefits.
• 401(k) retirement savings plan.
• Paid time off including company and personal holidays.
• Volunteer time off.
• Paid parental and caregiver leave.
• Short-term and long-term disability insurance.
• Life insurance.
• Opportunities for professional development.