Providence Health & Services · 5 days ago
Senior Actuarial Analytics, Medicare Bid
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Responsibilities
Developing and implementing bid pricing strategies and analytical rigor for assessing product design impacts on financial performance for Medicare Advantage plans
Analyzing and interpreting regulatory guidance to ensure compliance with Medicare Advantage bid requirements
Collaborating with cross-functional teams to incorporate market trends and organizational goals into pricing decisions
Developing key inputs and assumptions for the annual Medicare Advantage bid
Conducting sensitivity analyses and scenario testing for bid pricing outcomes
Analyzing healthcare claims data, enrollment data, and other relevant information to identify trends
Working with data analysts and actuaries to ensure data accuracy in the pricing process
Staying informed of risk adjustment methodologies and their implications for pricing and financial performance
Generating reports for senior management, highlighting key performance indicators and providing insights into financial results
Analyzing large datasets to identify trends and areas for improvement in pricing methodologies
Qualification
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Required
Bachelor's Degree in Statistics, Mathematics, Actuarial, Finance, or another related field of study
Successful completion of 4+ exams of the Associate of the Society of Actuaries (ASA) designation
5+ years of healthcare actuarial experience
2+ years of actuarial experience
Experience with writing queries in SQL or another programming language
Demonstrated experience applying project management skills in data-related and financial analysis projects
Preferred
Associate of the Society of Actuaries (ASA) designation
Fellow or Associate in the Society of Actuaries (FSA or ASA)
2+ years of Medicare Bid experience
Benefits
Retirement 401(k) Savings Plan with employer matching
Health care benefits (medical, dental, vision)
Life insurance
Disability insurance
Time off benefits (paid parental leave, vacations, holidays, health issues)
Voluntary benefits
Well-being resources
Company
Providence Health & Services
At Providence, our strength begins with understanding.
H1B Sponsorship
Providence Health & Services has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Trends of Total Sponsorships
2023 (23)
2022 (33)
2021 (32)
2020 (24)
Funding
Current Stage
Late StageRecent News
Providence Business First
2024-06-03
FierceHealthcare
2024-05-23
Company data provided by crunchbase