Duties and Responsibilities:
Supporting Annual Medicare Part C/D Bids
Monitoring performance on Medicare lines of business and update forecasts as appropriate
Compare actual monthly results to latest forecasts as well as budget
Build and maintain Healthfirst’s Part C/D bid pricing model
Co-ordinate input from Product and Finance for each of our quarterly forecast process
Co-ordinate with Budget to put together any presentations for budget/forecast each quarter
Other ad-hoc analysis on all lines of business
Minimum Qualifications:
Bachelor’s degree in Actuarial Science, Math, Economics or any related degree
Work experience within Managed Care, Medicare/Commercial Healthcare or Hospital in the actuarial field
Experience with budget/forecast and relevant methodologies, IBNR analysis, product and segment analysis
Work experience in actuarial analysis of Medicare products
Ability to define fields, create databases, create queries on multiple reports in Microsoft Access
Ability to create pivot tables, v-lookups and creating macros in Microsoft Excel
Work experience with financial reporting, modeling and valuation
Ability to collect, analyze and summarize qualitative/quantitative data analytics, specifically managing complex actuarial tasks that have a large financial or risk impact
Strong planning and organizational skills, with an ability to establish a strategic direction and subsequently outline initiatives
Strategic thinker, creative, innovative, and execution focused turning ideas into measurable meaningful results
Preferred Qualifications:
Passed at least two actuarial exams
Ability to build consensus across various business units
Ability to work on multiple projects
Experience working with cross-functional teams
Experience in SAS/SQL
Hiring Range*:
Greater New York City Area (NY, NJ, CT residents): $81,100 - $117,470
All Other Locations (within approved locations): $71,600 - $106,505
As a candidate for this position, your salary and related elements of compensation will be contingent upon your work experience, education, licenses and certifications, and any other factors Healthfirst deems pertinent to the hiring decision.
In addition to your salary, Healthfirst offers employees a full range of benefits such as, medical, dental and vision coverage, incentive and recognition programs, life insurance, and 401k contributions (all benefits are subject to eligibility requirements). Healthfirst believes in providing a competitive compensation and benefits package wherever its employees work and live.
*The hiring range is defined as the lowest and highest salaries that Healthfirst in “good faith” would pay to a new hire, or for a job promotion, or transfer into this role.