Senior Actuarial Analyst
Health InsuranceMadison Wisconsin | Quartz
Monona, WI (In Person)
$111,300 Salary, Full-Time
Skill Insights
Compare your current skills to what this opportunity needs—we'll show you what you already have and what could strengthen your application.
Job Description
Responsibilities Medicare Advantage Risk Adjustment:
Drive insights that directly impact Medicare Advantage revenue, bid development, and financial performance Lead development of monthly Medicare Advantage risk adjustment analytics, including open opportunities, suspecting insights, and risk score performance tracking Analyze Part C (HCC) and Part D (RxHCC) diagnosis data to inform bid pricing assumptions, including modeling impacts of risk model changes and coding improvement initiatives Refine and enhance risk score projections throughout the bid cycle using emerging diagnosis data and claims runout Develop and maintain estimates for risk adjustment revenue, including initial, mid-year, and final payment projections to support financial reporting and forecasting Partner closely with Risk Adjustment, Compliance, and Analytics teams to drive strategy and optimize program performanceActuarial Modeling & Analytics:
Build, enhance, and maintain actuarial models supporting pricing, forecasting, and financial planning processes Perform advanced data analysis, trend evaluation, and scenario testing to quantify risk and inform strategic decision-making Identify opportunities to improve methodologies, automate processes, and increase model accuracy and efficiency Translate complex data into actionable insights and recommendations for business leadersCross-Functional Collaboration & Communication:
Collaborate with Product, Finance, Sales, and Provider Services to align actuarial insights with business strategy Clearly communicate technical findings to non-technical stakeholders, including senior leadership Develop dashboards, reports, and visualizations to monitor key performance indicators and support decision-makingPricing, Forecasting & Financial Support:
Contribute to and influence Medicare Advantage pricing strategies through risk score analytics and revenue cycle deep-dives Contribute to financial planning, forecasting, and budgeting processes by delivering accurate and timely actuarial analyses Conduct ad hoc analyses to evaluate emerging risks, financial performance, and strategic opportunitiesRegulatory & Professional Excellence:
Support bid filings, risk adjustment accrual analyses, and regulatory reporting requirements where applicable Ensure alignment with CMS and other regulatory guidelines impacting Medicare Advantage programs Stay current on industry trends, risk adjustment methodologies, and actuarial best practices Continue progression toward actuarial credentials (ASA/FSA) and contribute to ongoing development of actuarial capabilities Qualifications Bachelor's Degree with 4 years of relevant experience Successful completion of 3 Associate of the Society of Actuaries (ASA) exams & continued commitment to finish ASA credentials Experience with Medicare Advantage Risk Adjustment (HCC/RxHCC) or diagnosis-based modeling Actuarial experience in pricing, reserving, and/or other financial analysis Ability to file rates in compliance with state and federal regulations Ability to troubleshoot coding syntax and program processing issues Advanced Excel skills and intermediate programming skills (SQL, SAS, R, Python, etc.) Experience in Microsoft PowerPoint to create storylines We offer an excellent benefit and compensation package, opportunity for career advancement and a professional culture built on the foundations of Respect, Responsibility, Resourcefulness and Relationships. To support a safe work environment, all employment offers are contingent upon successful completion of a pre-employment criminal background check. Quartz values and embraces diversity and is proud to be an Equal Employment Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, gender identity or expression, sexual orientation, age, status as a protected veteran, among other things, or status as a qualified person with disability.Similar remote jobs
General Motors
Sunnyvale, CA
Posted2 days ago
Updated19 hours ago
Software Specialists Inc.
Cambridge, MA
Posted2 days ago
Updated19 hours ago
Similar jobs in Monona, WI
Goodwill Industries of South Central Wisconsin, Inc.
Monona, WI
Posted2 days ago
Updated19 hours ago
Steaming Ahead with Mental Health Interventions, LLC
Monona, WI
Posted3 days ago
Updated19 hours ago
Extra Space Management, Inc
Monona, WI
Posted3 days ago
Updated19 hours ago
Similar jobs in Wisconsin
Gulfstream Aerospace Corporation
Appleton, WI
Posted2 days ago
Updated19 hours ago
MORRIES ONALASKA CHEVROLET CADILLAC LLC
Onalaska, WI
Posted2 days ago
Updated19 hours ago
Precision Countertops
Spooner, WI
Posted2 days ago
Updated19 hours ago