Job Description

Job Title: Actuarial Analyst III
Job ID: 690819
Status: Full-Time
Regular/Temporary: Regular
Hours:
Shift: Day Job
Facility: UPMC Health Plan
Department: General Acctg_Fin Report
Location: 600 Grant St, Pittsburgh PA 15219

Description

This position applies knowledge of mathematics, probability and statistics in order to identify issues, gather and analyze data on a wide variety of topics affecting the financial performance of the health plan May represent the department on corporate projects. Receives assistance from either management or senior positions when necessary.

Responsibilities:
  • Documents methods, procedures and results.
  • May direct or supervise junior actuarial department personnel in the performance of duties.
  • Preparation of State and Federal filings.
  • Presents results of analyses and recommendations to management.
  • Responsible for the development of mathematical models in connection with other departments to predict the impact of proposed changes.
  • Responsible for the preparation of financial analyses in support of the following functions: Medical cost and utilization trend analysis; Forecasting; Development of claim reserves (IBNR) Completion factors using claim lag analysis models; Provide analytical support for rate development and filings; Provide ad hoc data analysis to all departments within the company.

Qualifications

  • Bachelor's degree in mathematics, statistics, actuarial science, economics or related field and three to five years of experience in actuarial work in a health insurance, managed care or related consulting business. 
  • Excellent problem solving and analytical skills. 
  • Four actuarial examinations passed or appropriate experience. 
  • Pursuing S.O.A. certification. 
  • Good oral and written communication skills. 
  • Strong PC skills. 
  • Data retrieval skills and relational database experience. 
  • Works independently.

Licensure, Certifications, and Clearances:
UPMC is an equal opportunity employer. Minority/Females/Veterans/Individuals with Disabilities

Salary Range: $33.94 to $57.47

Union Position: No

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