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Government Programs Actuarial Analyst II

Job in Somerville, Middlesex County, Massachusetts, 02145, USA
Listing for: 8925 Mass General Brigham Health Plan Holding Company, Inc.
Full Time position
Listed on 2026-05-30
Job specializations:
  • Finance & Banking
    Financial Analyst, Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 63648 - 90750 USD Yearly USD 63648.00 90750.00 YEAR
Job Description & How to Apply Below

Job Summary

The Government Programs Actuarial Analyst II position will serve as the subject matter expert for the Medicare and Dual Eligible lines of business. Under the supervision and guidance of the Director, Actuarial Reserving, Forecasting & Risk Management Support, this role will support key actuarial functions such as valuation, pricing, and forecasting. The individual will have cross‑functional responsibilities to coordinate the analytics and reporting to monitor claims and risk score trends, as well as effectively communicate financial performance to business leadership.

Essential

Functions
  • Lead monthly reserving process (IBNR and other actuarial accruals) and communication of financial results and variances to the budget to senior leadership.
  • Support quarterly forecasting of Medicare and D‑SNP for Premium Deficiency Reserve calculation, Budget, and Forecast, including analysis of trends, assumptions, and key drivers.
  • Contribute to the development and successful completion of Medicare and D‑SNP Bid, including data preparation, pricing support, and documentation.
  • Support regulatory and financial reporting requirements, including annual external audits, DOI audits, and various recurring Medicare and D‑SNP filings.
  • Develop and enhance actuarial analyses and reporting, including pricing studies, dashboards, and presentations that provide insights into financial performance, risk factors, and profitability.
  • Monitor and evaluate emerging risks to financial performance, including claims trends and changes in regulations.
  • Collaborate with leadership and cross‑functional teams to apply actuarial concepts, deliver high‑quality work, and ensure accountability to deadlines and commitments.
  • Perform other duties as assigned with or without accommodation.
Qualifications
  • Bachelor’s degree in Mathematics, Statistics or another quantitative discipline (Physics, Engineering, Quantitative Finance, Mathematical Economics, etc.) required.
  • Minimum of 2+ years of full‑time actuarial experience in a healthcare or insurance setting.
  • At least 1–2 years of healthcare actuarial experience required, ideally supporting Medicare Advantage, DSNP, or government programs.
Knowledge, Skills, and Abilities
  • Proficiency in Microsoft Office, VBA, SQL, and SAS.
  • Strong written and oral communication skills, with the ability to convey actuarial concepts to non‑technical stakeholders.
  • Demonstrated knowledge of actuarial concepts, techniques, and methodologies.
  • Strong understanding of insurance principles, products, and pricing concepts.
  • Strong analytical and problem‑solving skills, with the ability to interpret complex data and perform quantitative analyses.
  • Excellent mathematical and statistical skills, with a keen attention to detail.
  • Strong organizational and time management skills, with the ability to manage multiple projects and meet deadlines.
Additional Job Details
  • Working Conditions:

    This is a hybrid role that requires an on‑site presence at the office at Assembly Row 3x/week.
  • This is a full‑time, Monday through Friday role with five 8‑hour days.
  • Remote Type:
    Hybrid Work Location 399 Revolution Drive.
  • Scheduled Weekly

    Hours:

    40.
  • Employee Type:
    Regular Work Shift Day (United States of America).
  • Pay Range: $63,648.00 – $90,750.40 Annual Grade 6.
  • Benefits:
    We offer comprehensive benefits and career advancement opportunities.
EEO Statement

8925 Mass General Brigham Health Plan Holding Company, Inc. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religious creed, national origin, sex, age, gender identity, disability, sexual orientation, military service, genetic information, and/or other status protected under law. We will ensure that all individuals with a disability are provided a reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.

To ensure reasonable accommodation for individuals protected by Section
503 of the Rehabilitation Act of 1973, the Vietnam Veteran’s Readjustment Act of 1974, and Title

I of the Americans with Disabilities Act of 1990, applicants who require accommodation in the job application process may contact Human Resources at .

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