Job Description

Job Title: Actuarial Analyst III
Job ID: 86730128
Status: Full-Time
Regular/Temporary: Regular
Hours:
Shift: Day Job
Facility: UPMC Health Plan
Department: Actuarial
Location: 600 Grant St, Pittsburgh PA 15219

Description

Do you enjoy designing creative ways to reduce the likelihood of undesirable events or decreasing the impact of undesirable events that do occur? Are you passionate about evaluating the likelihood of future events by using numbers?

UPMC Health Plan is hiring a full-time Actuarial Analyst III to help support the Actuarial Department for its downtown Pittsburgh location at the US Steel Tower. This is a Monday through Friday daylight position with the option for working remotely.


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:

  • May direct or supervise junior actuarial department personnel in the performance of duties.
  • Responsible for the development of mathematical models in connection with other departments to predict the impact of proposed changes.
  • Preparation of State and Federal filings.
  • Presents results of analyses and recommendations to management.
  • Documents methods, procedures and results.
  • 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 3-5 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: $34.96 to $59.20 / hour

Union Position: No

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At UPMC, our shared goal is to create a cohesive, positive, experience for our employees, patients, health plan members, and community. If you too are driven by these values, you may be a great fit at UPMC!

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