This position will perform healthcare actuarial analyses under the supervision of senior actuarial staff. The position will either have knowledge of, or will become knowledgeable in, Medicare Shared Savings Program (MSSP) Accountable Care Organizations (ACOs), Commercial ACOs, Employer Plans, Medicare Advantage Prescription Drug plans (MA-PD), Medicaid, Medical Economics, and other healthcare data analytics. The senior actuarial analyst will be encouraged to progress in their career development as an actuary by passing exams and obtaining credentials in the Society of Actuaries (SOA) under the Banner Actuarial Professional Development Program.
Perform in healthcare actuarial analyses under the supervision of senior actuarial staff.
Perform projections, pricing, reserving, and other analyses using tools developed in Excel, SAS, Teradata, Tableau, and other software, with the oversight and feedback from senior actuarial staff.
Develop/present results of the performed analyses to senior actuarial staff and/or insurance division executives.
Participate in the development of actuarial models and reports for the continued growth of the actuarial team.
Provide support to actuarial staff in performing IBNR estimates, financial reporting, and rate adequacy studies.
Research and compile information about healthcare regulations to support senior actuarial staff.
Progress in the actuarial exam process towards becoming an Associate in the Society of Actuaries (ASA) and/or Fellow in the Society of Actuaries (FSA).
Bachelor's Degree in Statistics, Mathematics, Actuarial Science, Business, Finance, or Healthcare Administration.
License/Certification: Passed at least 3 actuarial exam.
Two to four years of actuarial experience in healthcare.
Knowledge of software for data analysis; specifically spreadsheets (e.g. MS Excel, VBA), data extraction and manipulation (e.g. SAS, Teradata, R) and data visualization (e.g. Tableau).
Five or more years of actuarial experience in healthcare; specifically in Medicare and/or Medicaid.Licenses/Certification: Associate of the Society of Actuaries (ASA) designation.
Additional related education and/or experience preferred.
Internal Number: 252964
About Banner Health
You want to change the health care industry – one life at a time. You belong here. You’re excited to be part of the dramatic changes happening in the health care field. In fact, you thrive on change. But you also understand that excellent, compassionate patient care is the true measure of the success of these changes. You belong at Banner Health. Our award-winning, comprehensive health system includes 23 hospitals in seven western states, primary care health centers, research centers, labs, a network of physician practices and much more. Throughout our system, skilled, compassionate professionals use the latest technology to change the way care is provided. If you’re looking to be a key contributor to a forward-looking organization, you’ll experience a wide variety of professional advantages: •Our vision for changing the future of health care gives you the opportunity to leverage your abilities to achieve something historic. •Our expansive system offers you an unmatched variety of clinical settings – from large urban trauma center to small rural hospital, ambulatory to home health. Our system also includes hospitals specializing in cancer, heart health and pediatrics. •Our many loc...ations also translate into a broad selection of exciting and rewarding lifestyle options – from the big city to the wide-open spaces. •Our commitment to healthcare innovation means you always have the latest technologies at your fingertips to help you provide the finest care possible. •The size, success and growth of our system provide you with the stability and options to pursue your desired career path. •Our competitive compensation and comprehensive benefits offer you options to complement your unique needs.