When it comes to making a meaningful difference in the lives of our customers and employees, USAble Life is always ready. We are a diverse group of individuals working together to go the extra mile. Through our DEI initiatives, employees feel empowered to bring their talents and voice to our culture.
Our passion for delivering the best products is matched only by our passion for our people. We are committed to making a meaningful difference in the lives of others which extends beyond our office walls. USAble Life has a long tradition of supporting our communities, and we're proud of the fact that our employees share that commitment.
We have been recognized as a "Best Places to Work" in Arkansas, Florida, and Hawaii. You'll be rewarded with opportunities for personal and professional development and opportunities for advancement. This, coupled with our engaging culture and a comprehensive benefits package, ensures we are committed to our employees.
Check out how we make a meaningful difference in the lives of others!
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What We Offer You:
- A culture that values employees and celebrates, empowers, and inspires a diverse workforce
- Outstanding and affordable benefits package
- Yearly bonus potential and annual increases
- PTO provided at date of hire
- 11 paid holidays
- 401(k) with up to 6% match; fully vested from day 1
- Remote opportunities with company-provided equipment
- Team-oriented, collaborative group of peers
- Career advancement opportunities
- Tuition Reimbursement
- Employee Assistance Program
- Inclusion Council and Employee Resource Groups
- Recharge Days and Volunteer Time Off
- This is a remote position.
The salary range for an Sr. Actuarial Analyst is $65,000 to $118,000. Actual salaries will vary by geographic location and are based on factors such as candidate's qualifications, experience, skills, competencies, and company tenure & equity. In addition to base compensation, this role is eligible for an annual incentive plan based on company performance and individual performance.
Sr Actuarial Analyst Overview
This position provides in-depth actuarial knowledge and professional expertise within the organization and conducts actuarial analysis for Dental products across all lines of business including Group, Individual, Medicare & Medigap. Plays a key role in several areas of responsibility including pricing and cost analyses, the development of rate filings, participation in financial reviews, analysis of actuarial trends and issues, etc. Works with staff to monitor performance trends and is expected to provide actionable information from this analysis.
Essential Duties:
- Conducts actuarial analysis for Dental products across all lines of business including Group, Individual, Medicare and Medigap
- Supports the development of state and federal rate filings and manual rates for all markets
- Assists designing and pricing dental products
- Assists the development of the corporation's monthly reserve liabilities for dental business
- Ongoing monitoring and reporting of product trends including building new reporting dashboards
- Supports underwriting rating system development and develop pricing tools used by underwriters to improve pricing accuracy and efficiency, support implementation of underwriting guidelines
- Performs underwriting non-standard pricing requests and other underwriting responsibilities as assigned
- Performs analytical analysis of fee schedules and dental procedures
- Supports provider profiling and network analytics
- Identifies data issues and works with the data governance team to recommend solutions
- Develops reporting and monitors key underwriting /financial metrics and responsible for assigned underwriting case work
- Supports data reporting, including ad hoc analytics, working with large data sets, validation, and documentation
Required Knowledge, Skills, and Abilities:
- Advanced proficiency Microsoft Excel skills
- Intermediate proficiency with SQL and VBA
- Excellent oral and written communication skills, including the ability to address a wide range of audiences
- Responsive to feedback and is adaptable to new situations and requirements
Required Education and Experience:
- Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Finance, Economics, Computer Science or related field
- Completion of 3 or more actuarial exams from the Society of Actuaries
- 2 years of related actuarial experience
Preferred Education and Experience
- 4+ years of related actuarial experience
- Completion of 4 or more actuarial exams from the Society of Actuaries
- Experience with dental or medical insurance products
- Strong actuarial modeling experience and skills
- Sound actuarial judgment with ability to solve complex problems
- Experience across multiple actuarial functions such as product pricing assignments, development of manual rates, state/federal rate filing submissions, forecasting and determining claim reserve liabilities
- Experience with data quality metrics and data governance
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