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at Highmark Health in Boise, Idaho, United States

Actuary - Medicare Stars and Quality

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What they do

An Actuary calculates the financial costs of risk and uncertainty. Uses findings from statistical analysis and mathematical modeling to help businesses and clients minimize the cost of risk and develop business and investment strategies. Uses actuarial analysis of the probability and cost of natural disasters or accidents to develop insurance policies.

$112,204 / year median in Idaho

+9% projected growth

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Job Description

at Highmark Health in
Boise, Idaho, United States Job Description Company :
Highmark Inc.
Job Description :
JOB SUMMARY
This job is an ASA Certified actuary position that initiates and leads development of advanced actuarial models and analyses specifically focused on forecasting Medicare Advantage Star Ratings. Proactively monitors and analyzes developments and changes to Medicare Advantage Star Ratings methodologies and included measures. Gives direction to less experienced staff and will represent the department's perspectives and needs in cross disciplinary settings. The incumbent will also apply actuarial techniques and statistical analysis in the development and evaluation clinical quality improvement initiatives utilizing a variety of healthcare data sources including claims, enrollment, clinical, HEDIS , and CMS data.
ESSENTIAL RESPONSIBILITIES
+ Define & diagnose a problem. Outline data requirements for a study or analysis and devise insightful and creative solutions. Uncover the root causes of problems and reject superficial explanations. Review the appropriateness of the results in light of experience and industry knowledge. Consider alternate explanations or viewpoints before drawing conclusions. + Initiate and lead the development of studies, analyses, and presentation materials needed to appropriately inform decision makers. Make appropriate recommendations to management across teams both within and outside of the actuarial department while understanding the implications and consequences to all stakeholders. + Proactively ensure the internal and external consistency of all work. Use advanced industry knowledge to both perform reasonability checks as well as exceed customer expectations. Identify methods to test whether suspect results are correct. Form reasonable approximations in advance of results of an analysis and determine whether deviations are reasonable or suspect. Clarify information as needed. + Take the initiative to utilize internal and external knowledge forums to gain broader industry perspective. Demonstrate subject matter expertise and as a result is sought out by others for technical input on producing accurate and efficient work. Promptly and efficiently identify outliers and anomalies in the work of others. + Exhibit a thorough understanding of both corporate and division goals and values. Apply corporate, professional, and industry knowledge & insight to all tasks under incumbent's control or influence. Use expertise to envision and implement innovati To view full details and how to apply, please login or create a Job Seeker account