Actuarial Analyst I​/II​/III​/IV

Job Summary

The Actuarial Analyst performs actuarial services in support of Health Plan operations and is responsible for monitoring and maintaining financial solvency through understanding current data and environment and modeling future events. The analyst establishes rates, rating structures, and systems, maintains reserves, analyzes risk, and delivers financial projections. The role emphasizes integrity, adherence to actuarial standards, privacy, and the Corporate Code of Conduct.

• Level I:
  Establish insurance rates, rating structures, and rating systems; maintain reserve programs, pricing files, risk score models, benefit relativity tables, and documentation.
• Develop financial projections, risk score analysis, unpaid claim liability estimates, and conduct actuarial analysis for defined projects.
• Compile and analyze data, draw conclusions, and make recommendations.
• Propose process improvements utilizing systems and software.
• Engage in professional growth through the Actuarial Study Program, credential attainment, and continuing education.
• Adhere to the Lifetime Healthcare Companies’ mission, values, Corporate Code of Conduct, and Actuarial Standards of Practice.
• Maintain compliance with corporate privacy policies and ensure reliable attendance.
• Perform additional duties as assigned.
• Level II:
  Conduct analyses, communicate with other departments, and assist in complex actuarial analyses; reconcile data and improve data quality.
• Initiate and lead process improvement initiatives across the department.
• Level III:
  Ensure pricing consistency with profitability targets, develop complex analyses, provide technical advice, lead cross‑disciplinary projects, and prepare statements of opinion.
• Level IV:
  Represent the Actuarial Department on special projects, conduct advanced data exploration, interpret regulatory changes, collaborate with senior leadership on strategic planning, and recommend performance goals.

• Bachelor’s Degree in a related field and at least one Society of Actuary (SOA) exam passed.
• Strong analytical, verbal, written, and interpersonal skills; ability to collaborate.
• Proficiency with Microsoft Office Suite.
• Programming knowledge in SQL, SAS, VBA, or similar (preferred).
• Level II:
  Two years of actuarial experience, at least three SOA exams, understanding of health insurance products, managed care, accounting, market competition, and regulatory environments.
• Level III:
  Four years of experience, at least four SOA exams, ability to perform complex modeling, recognize automation opportunities, and communicate findings.
• Level IV:
  Six years of experience, at least six SOA exams, advanced understanding of non‑actuarial functions, and ability to present statements of opinion.

Work while sitting or standing at a workstation, using a computer and keyboard, mouse, or phone for three or more hours at a time. Travel across the Health Plan service region for meetings or training as needed.

• Level I:
  Grade E3 – $62,400 to $106,929
• Level II:
  Grade E4 – $65,346 to $117,622
• Level III:
  Grade E6 – $79,068 to $142,322
• Level IV:
  Grade E7 – $87,766 to $157,978

Salary ranges represent minimum and maximum for this position and may vary based on factors such as budget, experience, knowledge, skill, and education. The total rewards package may include health/dental insurance, retirement plan, wellness programs, paid time off, and paid holidays.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.