Actuarial Analyst – Medical Cost Economics (Remote)

The Department of Health Economics is seeking an Actuarial Analyst! This entry-level healthcare actuarial student would help drive high-visibility impactful analysis supporting medical cost improvement strategies for UPMC Health Plan. This includes developing trend models, analyzing medical cost utilization and unit cost data, identifying top trend drivers and affordability opportunities, and evaluating program and initiative outcomes with support from leaders and credentialed actuaries within the department.

The Actuarial Analyst will require a diverse set of skills, including strong communication skills, sharp critical thinking abilities, and a curiosity for health economics and data analytics.

This position is eligible for fully remote work . 

Responsibilities:

• Produce detailed actuarial and financial models which communicate near and long-term projections of financial performance of new and ongoing initiatives and clinical programs to facilitate corporate decision-making and the development of strategies and goals.

• Apply analytical and statistical software tools to summarize large healthcare data to glean findings and actionable insights.

• Assist senior actuarial team members in forecasting and interpreting financial results, including variances from budget, to help identify medical cost improvement opportunities and potential risks.

• Analyze trends in spending and utilization using healthcare claims data.

• Produce well-documented standard actuarial reports and projects.

• Present results of analyses and recommendations to technical and non-technical audiences.

• Build an understanding of complex actuarial concepts, methods, and applications in a variety of situations.

• Creatively leverage a wide range of datasets to inform key analyses.

• Collaborate with team members, including other healthcare actuaries, to ensure that work product meets the highest standards of quality.

• Provide analytical support for ad hoc data analyses.