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Coventry Health Care

Sr Actuarial Analyst Job


Job Information

Posted:

Monday, February 04, 2013

Modified:

Tuesday, February 12, 2013

Division:

10000 - 10000 - Coventry Health Care - Corp

Location: 

St. Louis Missouri US

Job ID:

13828 (Coventry Health Care Job ID)

HireDiversity Job ID:

3580909

Job Text

Description:
Your Standard is Excellence.You?ve been looking for an opportunity to work with people who share your commitment to a higher standard. You imagine building a career and even enjoying your work. Good News. We?ve been looking for you too.Coventry Health Care Inc. has been named to several prestigious lists in leading business publications over the last 3 years: - Barron's 500- Fortune 500- Forbes' Platinum 400We are currently searching for a Senior Actuarial Analyst for our St Louis; MO office. This this role establishes market rates; reserve estimates; trend projections; and other financial determinations for assigned markets. Advises; counsels and makes recommendations on issues and policies affecting the company. Performs moderately complex analyses independently.

ESSENTIAL RESPONSIBILITIES

- Conducts quantitative assessments of risk relating to market premium rate levels; new product development; provider contracts; and IBNR in accordance with regulatory and professional guidelines.
- Supports the pricing of existing and new health care products and development of necessary rate filings.
- Applies knowledge of mathematics; probability; statistics; principles of finance and business to risk and trend analyses.
- Analyzes; summarizes; and reconciles essential statistical data.
- Conducts extensive special studies or research projects related to company strategy and objectives under general direction. Works on problems of diverse scope.
- Explains actuarial methodology to appropriate parties.
- Works closely with other departments; including Sales; Underwriting; Finance; Legal; and Product Development.
- Identifies and analyzes the internal and external factors which affect statistics for use in trending; pricing; reserving; contracting; etc.
- Ensures the accuracy of work assigned through the development and use of reconciliation techniques.
- Designs specific studies and research projects as requested.
- Performs other duties as required.

JOB SPECIFICATIONS

- Bachelor's degree or equivalent experience.
- Associate; Society of Actuaries (ASA) designation preferred.
- Significant (usually 4-6 years) experience in managed care finance or analyses.
- Knowledgeable of applicable federal and state laws and regulations professional standards and current managed care practices.
- Strong analytical and communication skills
- Proficient in Excel; Access and knowledge of SAS; SQL preferredCHC offers an excellent compensation and benefits package including medical; dental; vision; and 401k. Interested individuals can review the full Job Description and apply on line at http://jobs.coventryhealthcare.com/ . Click on the On Line Career Center for details. Please use Job Requisition # 173401Coventry Health Care is an Affirmative Action/Equal Opportunity Employer; and we are committed to building a talented and diverse team.

Qualifications:

Coventry Health Care is an Affirmative Action/Equal Opportunity Employer, and we are committed to building a talented and diverse team.

Job: Professionals
Primary Location: St. Louis, MO, US
Organization: 10000 - Coventry Health Care - Corp
Schedule: Full-time
Job Posting: 2012-07-23 00:00:00.0
Job ID: 173401k

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