What are the responsibilities and job description for the Sr. Actuarial Analyst position at Quartz?
Overview
Quartz is seeking a Senior Actuarial Analyst with expertise in pharmacy to join our team! This role involves driving strategic decision-making through data analysis, financial modeling, and collaboration across teams, to support pricing strategies, reserves, rates, risk assessment, and financial planning efforts, ensuring the financial stability of Quartz.
Benefits:
- Supportive work environment to pursue actuarial credentials with access to a competitive actuarial study program
- Ability to develop actuarial skill set at a medium-sized organization allowing for exposure to a variety of work and projects
- Autonomy to address business problems creatively and contribute to Quartz’s strategic imperatives
- Starting salary range based upon skills and experience: $98,900 – $123,700 plus robust benefits package
Responsibilities
- Analyze large datasets to uncover trends and risks
- Build and maintain models for pricing, forecasting, and risk assessment
- Conduct sensitivity analysis and scenario testing to evaluate the impact of different variables on financial projections
- Design viable solutions by considering a wide range of data sources, tools, and techniques
- Complete comprehensive data analysis and interpret results to support business decisions
- Communicate findings to stakeholders on complex topics
- Conduct research and identify innovative solutions to actuarial problems
- Lead pricing of insurance products by performing rate reviews, loss ratio analysis, and competitor benchmarking
- Collaborate with product development teams to assess the financial feasibility of new product initiatives
- Design and implement underwriting guidelines and risk classification systems
- Prepare regulatory filings, including rate filings, reserve certifications, and financial reports
- Coordinate with internal and external auditors to support regulatory audits and examinations
Qualifications
- Bachelor’s degree with 4 years of actuarial experience,
- OR Associate’s degree with 7 years of actuarial experience,
- OR High School equivalency with 8 years of actuarial experience
- Progress towards and commitment to attaining ASA (Associate of the Society of Actuaries): 3 exams passed
- Strong Preference for expertise in Pharmacy
Quartz offers an excellent benefit and compensation package, opportunity for career advancement and a professional culture built upon the foundations of Respect, Responsibility, Relationships, and Resourcefulness. 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 individual with disability.
