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Geisinger
Actuarial Analyst Associate, Geisinger Health Plan (East Coast resident EST zone)
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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.
$127,871 / year median in Pennsylvania
-4% projected decline
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Actuarial Analyst Associate, Geisinger Health Plan (East Coast resident EST zone)
Danville, PA
Posted yesterday
Apply Now Job Summary Performs data analytics to provide leadership with strategic business intelligence around financial and operational performance. Compiles claims, enrollment, revenue, and other statistical data to use in assigned projects. With supervision and guidance from senior team members, the analyst conducts data analysis, performs financial modeling and designs reporting to support the Health Plan requirements and initiatives. Participates in the communication of summarized results to stakeholders via written narratives, graphical representations, and presentations. This position may support initiatives for internal or external/government stakeholders and/or strategic business partners. Job Duties Provides analytical and technical support for assigned projects using data analysis tools and software. Performs analyses by utilizing a wide-range of quantitative and qualitative data sets, models, and publications (regulations, guidelines, business rules, reporting requirements and standards), as directed. Analyzes data output to identify and interpret trends or patterns in complex data sets. Applies business, statistical, and actuarial concepts (Credibility, Simulation, Frequency, Severity) to help support and enhance decision making. With guidance, synthesizes information to create and deliver clear, precise, and actionable information to stakeholders. This information may be delivered in writing or through verbal summaries and dashboards and reports and presentations. Participates in validation and exchange of data provided to and received from other departments, strategic business partners, or other external parties. Executes, validates, and maintains routine reporting assignments, including policy and procedure and Model Audit Rule documentation. Work is typically performed in an office environment. Accountable for satisfying all job specific obligations and complying with all organization policies and procedures. The specific statements in this profile are not intended to be all-inclusive. They represent typical elements considered necessary to successfully perform the job. This posting reflects an opening for and we are seeking candidates for that position. Geisinger reserves the right to consider applicants for higher levels of this role to include and based on their skills, qualifications, and experience. We encourage all qualified individuals to apply. •Relevant experience may be a combination of related work experience and/or Master's degree obtained or Actuarial Exams completed (Master's Degree = 2 years relevant experience, 1 Actuarial Exam = 1 year relevant experience, 3 Actuarial Exams = 2 years relevant experience). Position Details Education Bachelor's Degree-Related Field of Study (Required) Experience -Relevant experience• (Required) Certification(s) and License(s)