Description
The Associate Actuary, Analytics/Forecasting analyzes and forecasts financial, economic, and other data to provide accurate and timely information for strategic and operational decisions.
The role involves evaluating industry, economic, financial, and market trends to forecast the organization's short, medium, and long-term financial and competitive position.
The Associate Actuary will work primarily in Databricks to support the development of three new Net Present Valuation models for Medicare Supplement, Dental & Vision, and Medicaid.
Responsibilities
- Analyze financial, economic, and market data to support forecasting and business decisions
- Develop and maintain metrics, reporting, and analytical models to support business intelligence
- Evaluate industry, economic, financial, and competitive trends affecting organizational performance
- Build, enhance, and support actuarial and forecasting models used in financial analysis
- Work primarily in Databricks to develop Net Present Valuation (NPV) models for Medicare Supplement, Dental & Vision, and Medicaid
- Ensure data integrity by establishing and executing processes and controls around data flow and quality
- Investigate data anomalies, perform root cause analysis, and implement practical, cost-effective solutions
- Collaborate with cross-functional partners to understand business needs, resolve model issues, and improve outcomes
- Identify opportunities to improve model performance, accuracy, and efficiency
- Independently manage moderately complex to complex assignments and determine appropriate technical approaches
- Contribute analytical insight that helps influence departmental strategy and forecasting practices
Required Qualifications
- Bachelor's Degree
- Associate of Society of Actuaries (ASA) designation
- Meets eligibility requirements for Humana's Actuarial Professional Development Program (APDP)
- Member of the American Academy of Actuaries (MAAA)
- Strong written and verbal professional communication skills
Preferred Qualifications
- Advanced experience using SQL or SAS to analyze, manage and interpret complex data sets and models
- Strong model building skills
- Familiarity with Python or Oracle
Benefits Humana offers competitive benefits that support whole-person well-being, including medical, dental and vision benefits, 401(k) retirement savings plan, time off, short-term and long-term disability, life insurance, and many other opportunities.