Actuarial Analyst II

Provide actuarial services to develop best-practice actuarial models and promote implementation Program-wide. Accountable for the development of the organization's rate structure, maintenance of adequate reserves, and development of new products. Provide data/analytic expertise to support actuarial services including financial reporting, trend analysis, utilization studies, rate development and claims liability estimates.

Essential Functions:
- Examines and summarizes statistical data by applying mathematical and statistical knowledge to unpaid claim liability, trend analysis, rate formula, forecasting, and premium analysis.
- Develops and enhances procedures including review for actuarial soundness.
- Analyzes completed work for reasonableness and accuracy, and may recommend specific course of action.
- Supports the performance of in-depth, high level analyses on selected divisional and national research projects
- Provides technical assistance to Program staff in the planning, execution, and analysis of actuarial studies.

Qualifications:
Basic Qualifications:
- Minimum BA/BS in mathematics, statistics, computer science or similar background requiring modeling programming, or qualitative analysis with of 2 years related experience with 2+ exams
- Intermediate level of quantitative skills including understanding of probability, sampling, and descriptive and inferential statistics
- Excellent analytic and problem-solving skills
- Working knowledge of primary research methods
- Some knowledge of data analysis software
- General application of actuarial concepts and principles
- Full use and application of standard marketing principles, theories, concepts, and techniques
- Knowledge of health care industry dynamics and trends preferred
Preferred Qualifications:
- Preferred: 3+ years of actuarial or related experience with 3-5 exams