Our work matters. We help people get the medicine they need to feel better and live well. We do not lose sight of that. It fuels our passion and drives every decision we make.
Job Posting Title
Senior Actuary - Remote
Job Description
The Senior Actuary is responsible for providing complex actuarial and pricing analyses to Prime's existing and potential clients. This role will use, build, and develop innovative actuarial modeling concepts to assist strategically on trend, benefit design and pricing support for all Prime's lines of business (commercial, Medicare and Medicaid). This role will also provide actuarial support in complex projects that are highly visible to senior leadership and across the organization.
Responsibilities

• Own, build, support, and maintain financial and complex actuarial models
• Lead, perform, and review data analyses, reporting, and projections
• Lead, perform, and review complex ad hoc pharmacy data mining and analyses to help investigate and answer challenging questions regarding actuarial data and concepts
• Collaborate with Underwriters, other areas of Prime, and senior leaders on pricing initiatives, data analyses, and the RFP process
• Present results and analyses to key stakeholders, senior management, and clients
• Mentor Actuarial team members to enhance actuarial knowledge
• Ensure work is consistent with actuarial standards, as applicable
• Other duties as assigned

Minimum Qualifications

• Bachelor's degree in Math, Actuarial Science, Economics or Finance
• 5 years of actuarial work experience to include 3 years in a healthcare organization or PBM
• Actuarial designation (ASA or FSA)
• Must be eligible to work in the United States without need for work visa or residency sponsorship

Additional Qualifications

• Advanced level of proficiency in Excel; intermediate level of proficiency in SAS, SQL, or VBA
• Excellent quantitative, problem solving, and analytical skills
• Self-motivated with the ability to balance and follow-up on multiple projects with attention to details
• Excellent verbal and written communication skills
• Excellent presentation skills
• Strong project management and organizational skills

Preferred Qualifications

• 5 years of actuarial work experience in a healthcare organization or PBM
• Previous experience pricing Commercial, Medicare or Medicaid lines of businesses
• 3 years of experience in SAS, SQL, or VBA
• Previous experience in model development
• Previous experience building and/or improving actuarial models or processes

Minimum Physical Job Requirements

• Constantly required to sit, use hands to handle or feel, talk and hear
• Frequently required to reach with hands and arms
• Occasionally required to stand, walk and stoop, kneel, and crouch
• Occasionally required to lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds
• Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus

Reporting Structure

• Reports to Senior Principal in the Finance department

Potential pay for this position ranges from $94,700.00 - $151,300.00 based on experience and skills. Pay range may vary by 8% depending on applicant location.
To review our Benefits, Incentives and Additional Compensation, visit our Benefits Page and click on the "Benefits at a glance" button for more detail.
Prime Therapeutics LLC is an Equal Opportunity Employer. We encourage diverse candidates to apply and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy), sexual orientation, gender identity or expression, genetic information, marital status, family status, national origin, age, disability, veteran status, or any other legally protected class under federal, state, or local law.
Positions will be posted for a minimum of five consecutive workdays.