What are the responsibilities and job description for the Sr Actuarial Analyst position at Apex Systems?
Job Details
Job#: 2065699
Job Description:
Apex Systems, a World-Class Technology Solutions Provider, is seeking applicants for the below position on behalf of our client. Please apply if interested and qualified. Please note that only qualified candidates will be contacted.
Position: Sr. Actuarial Analyst
Location: Remote (must reside in Florida)
Duration: Perm
Pay Rate Range: 90-115k
Day to Day Responsibilities/typical day look like:
Provide statistical data analysis and construct probability tables to forecast risk and liability.
Support product rate filings, reserve calculations, group underwriting, and experience reporting to aid in price decisions.
Develop and maintain financial models for monitoring and projecting current and future business.
Maintain rating models and database support programs used in the Underwriting department.
Submit weekly progress reports on current projects.
Assist in the development and pricing of new products and product enhancements, collaborating with various departments.
Contribute to the determination of cash reserves, risk funding mechanisms, budget projections, and other financial modeling.
Support the design, review, administration, and regulatory compliance of health insurance plans for specific employer groups.
Assist in the development and pricing of existing and proposed Large Group business, including support of pricing models.
Required Qualifications:
A Bachelors degree in Mathematics or Actuarial Science from an accredited institution.
A minimum GPA of 3.4 during college or university studies.
Proficiency in computer skills, particularly with Microsoft Excel, SQL, or other programming languages.
Successful completion of three actuarial exams.
Familiarity with laws, government regulations, and agency rules related to managed care.
Basic understanding of insurance and related terminology.
Strong foundation in arithmetic, algebra, geometry, calculus, statistics, and their practical applications.
Knowledge of economics, accounting principles, and financial data reporting.
Proficiency in document structure and content, including spelling, grammar, and composition rules.
Ability to independently perform support tasks in at least one of the following areas: Filing, Financial, Group Services, or Underwriting.
Proven experience working with Underwriting, Risk Adjustment, Finance, Decision Support, Group Services, and/or Senior Management.
At least two years of experience in one of the following support areas: Filing, Financial, Product, Group Services, or Underwriting.
*Please note that as a contract employee of Apex Systems, benefits include the below with employee contribution*
EEO Employer
Apex Systems is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of race, color, religion, creed, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), age, sexual orientation, gender identity, national origin, ancestry, citizenship, genetic information, registered domestic partner status, marital status, disability, status as a crime victim, protected veteran status, political affiliation, union membership, or any other characteristic protected by law. Apex will consider qualified applicants with criminal histories in a manner consistent with the requirements of applicable law. If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation in using our website for a search or application, please contact our Employee Services Department at or .
Apex Systems is a world-class IT services company that serves thousands of clients across the globe. When you join Apex, you become part of a team that values innovation, collaboration, and continuous learning. We offer quality career resources, training, certifications, development opportunities, and a comprehensive benefits package. Our commitment to excellence is reflected in many awards, including ClearlyRated's Best of Staffing in Talent Satisfaction in the United States and Great Place to Work in the United Kingdom and Mexico.
Apex Benefits Overview: Apex offers a range of supplemental benefits, including medical, dental, vision, life, disability, and other insurance plans that offer an optional layer of financial protection. We offer an ESPP (employee stock purchase program) and a 401K program which allows you to contribute typically within 30 days of starting, with a company match after 12 months of tenure. Apex also offers a HSA (Health Savings Account on the HDHP plan), a SupportLinc Employee Assistance Program (EAP) with up to 8 free counseling sessions, a corporate discount savings program and other discounts. In terms of professional development, Apex hosts an on-demand training program, provides access to certification prep and a library of technical and leadership courses/books/seminars once you have 6 months of tenure, and certification discounts and other perks to associations that include CompTIA and IIBA. Apex has a dedicated customer service team for our Consultants that can address questions around benefits and other resources, as well as a certified Career Coach. You can access a full list of our benefits, programs, support teams and resources within our 'Welcome Packet' as well, which an Apex team member can provide.
Job Description:
Apex Systems, a World-Class Technology Solutions Provider, is seeking applicants for the below position on behalf of our client. Please apply if interested and qualified. Please note that only qualified candidates will be contacted.
Position: Sr. Actuarial Analyst
Location: Remote (must reside in Florida)
Duration: Perm
Pay Rate Range: 90-115k
Day to Day Responsibilities/typical day look like:
Provide statistical data analysis and construct probability tables to forecast risk and liability.
Support product rate filings, reserve calculations, group underwriting, and experience reporting to aid in price decisions.
Develop and maintain financial models for monitoring and projecting current and future business.
Maintain rating models and database support programs used in the Underwriting department.
Submit weekly progress reports on current projects.
Assist in the development and pricing of new products and product enhancements, collaborating with various departments.
Contribute to the determination of cash reserves, risk funding mechanisms, budget projections, and other financial modeling.
Support the design, review, administration, and regulatory compliance of health insurance plans for specific employer groups.
Assist in the development and pricing of existing and proposed Large Group business, including support of pricing models.
Required Qualifications:
A Bachelors degree in Mathematics or Actuarial Science from an accredited institution.
A minimum GPA of 3.4 during college or university studies.
Proficiency in computer skills, particularly with Microsoft Excel, SQL, or other programming languages.
Successful completion of three actuarial exams.
Familiarity with laws, government regulations, and agency rules related to managed care.
Basic understanding of insurance and related terminology.
Strong foundation in arithmetic, algebra, geometry, calculus, statistics, and their practical applications.
Knowledge of economics, accounting principles, and financial data reporting.
Proficiency in document structure and content, including spelling, grammar, and composition rules.
Ability to independently perform support tasks in at least one of the following areas: Filing, Financial, Group Services, or Underwriting.
Proven experience working with Underwriting, Risk Adjustment, Finance, Decision Support, Group Services, and/or Senior Management.
At least two years of experience in one of the following support areas: Filing, Financial, Product, Group Services, or Underwriting.
*Please note that as a contract employee of Apex Systems, benefits include the below with employee contribution*
- Health
- Dental
- Vision
- Life Insurance; Short Term Disability
- Hospitalization Coverage
- Direct Deposit
- Weekly Pay Periods
- Training and Development Programs
- 401k
- Referral Program
EEO Employer
Apex Systems is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of race, color, religion, creed, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), age, sexual orientation, gender identity, national origin, ancestry, citizenship, genetic information, registered domestic partner status, marital status, disability, status as a crime victim, protected veteran status, political affiliation, union membership, or any other characteristic protected by law. Apex will consider qualified applicants with criminal histories in a manner consistent with the requirements of applicable law. If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation in using our website for a search or application, please contact our Employee Services Department at or .
Apex Systems is a world-class IT services company that serves thousands of clients across the globe. When you join Apex, you become part of a team that values innovation, collaboration, and continuous learning. We offer quality career resources, training, certifications, development opportunities, and a comprehensive benefits package. Our commitment to excellence is reflected in many awards, including ClearlyRated's Best of Staffing in Talent Satisfaction in the United States and Great Place to Work in the United Kingdom and Mexico.
Apex Benefits Overview: Apex offers a range of supplemental benefits, including medical, dental, vision, life, disability, and other insurance plans that offer an optional layer of financial protection. We offer an ESPP (employee stock purchase program) and a 401K program which allows you to contribute typically within 30 days of starting, with a company match after 12 months of tenure. Apex also offers a HSA (Health Savings Account on the HDHP plan), a SupportLinc Employee Assistance Program (EAP) with up to 8 free counseling sessions, a corporate discount savings program and other discounts. In terms of professional development, Apex hosts an on-demand training program, provides access to certification prep and a library of technical and leadership courses/books/seminars once you have 6 months of tenure, and certification discounts and other perks to associations that include CompTIA and IIBA. Apex has a dedicated customer service team for our Consultants that can address questions around benefits and other resources, as well as a certified Career Coach. You can access a full list of our benefits, programs, support teams and resources within our 'Welcome Packet' as well, which an Apex team member can provide.
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