Utah Retirement Systems · 9 hours ago
Actuarial Analyst I, II or III
Salt Lake City, UT, US
Full-time
Hybrid
Entry, Mid, Senior Level
$89K/yr - $104K/yr
1+ years expUtah Retirement Systems is a government entity serving Utah’s public employees through various insurance plans. The Actuarial Analyst will support PEHP’s mission by preparing reports, participating in innovation, and working on healthcare analytics and underwriting tasks.
Financial ServicesInsuranceRetirement
Responsibilities
Checks reports for accuracy and reasonableness and uses the established data disclosure protocol
Creates reports using Excel, SQL, and Tableau. Reports may require statistical or risk adjusted procedures. Interprets and defends analysis
Responds to underwriting requests for proposals
Prices basic benefits using benefit pricing template or benefit adjuster model
Analyzes Incurred But Not Reported (IBNR) model for large agencies
Performs recurring reconciliation of department databases to the authoritative data source
Documents work processes
Maintains regular and reliable attendance
Maintains strict confidentiality
Performs other related duties as required, which may include assisting with underwriting and data analytics job duties
Qualification
Required
Bachelor's degree with a strong emphasis in mathematics, economics, actuarial science, or some other quantitative field and passed at least one (1) Society of Actuaries exams; or a Master's in Statistics, or a related field; or an equivalent combination of education and experience
Bachelor's degree with a strong emphasis in mathematics, economics, actuarial science or some other quantitative field, passed at least three (3) Society of Actuaries exams, and at least one (1) year of actuarial experience; or an equivalent combination of education and experience
Bachelor's degree with a strong emphasis in mathematics, economics, actuarial science, or some other quantitative field; passed at least five (5) Society of Actuaries exams; at least two (2) years of actuarial experience; or equivalent combination of education and experience
Required technical skills include the working knowledge of Microsoft Excel, must have ability to trace flow of data and calculations in complex Excel models
Required technical skills include the working knowledge of Microsoft Office Suite
Required technical skills include the working knowledge of SQL
Required excellent mathematical skills such as mathematical concepts such as probability, probability distributions, statistical regressions, statistical inference, and predictive modeling
Required excellent mathematical skills such as applying concepts of fractions, percentages, ratios, and proportions to practical situations
Required actuarial skills include academic understanding of risk scores including how and when to apply them in actuarial analysis
Required actuarial skills include academic understanding of actuarial principles and methodologies
Must possess excellent communication skills: Read and interpret technical studies, papers, and textbooks
Must possess excellent communication skills: Draft routine correspondence
Must have the ability to follow written and verbal instructions
Must have the ability to prioritize work
Must have the ability to perform within deadlines
Must have the ability to work well in a team environment as well as independently
Must have the ability to multi-task by handling a variety of duties in a timely and efficient manner
Must have the ability to follow through with assignments
Must have the ability to deal effectively with stress caused by workload and time deadlines
The incumbent must always demonstrate judgment, high integrity, and personal values consistent with the values of URS
Preferred
Relevant internship is preferred
Experience in Tableau and VBA is preferred
Experience in Tableau and VBA is preferred
Experience in Tableau and Visual Basics for Applications (VBA) are preferred
Benefits
Generous benefits
Personal development in a positive team environment
Excellent work-life balance
Company
Utah Retirement Systems
Utah Retirement Systems provides retirement and insurance services.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Rob Dolphin, CPA
Chief Financial Officer
Dave Bjarnason, CFA
Chief Compliance Officer - Investments
Recent News
2023-05-17
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