University of Utah Health Care

  • Associate Actuary II

    Requisition Number
    34586
    Reg/Temp
    Regular
    Employment Type
    Full-Time
    Shift
    Day
    Work Schedule
    days
    Location Name
    University of Utah Health Plans
    Patient Care?
    No
    City
    Murray
    State
    UT
    Department
    UIP CST 01H UUHP ACTUARIAL DPT
    Category
    Insurance / Health Plans
  • Overview

    As a patient-focused organization, University of Utah Health exists to enhance the health and well-being of people through patient care, research and education. Success in this mission requires a culture of collaboration, excellence, leadership, and respect. University of Utah Health seeks staff that are committed to the values of compassion, collaboration, innovation, responsibility, diversity, integrity, quality and trust that are integral to our mission. EO/AA

    This position for use in Health Plans Departments only.

    This position provides data and analytical expertise to support actuarial services including trend analysis, financial projections, reporting and claim liability estimates. The analyst performs experience studies to monitor care management initiatives and return on investment. This role develops actuarial models to support new products and provider payment arrangements.

    This position doesn't provide patient care.

    Responsibilities

    • Analyzes and summarizes data by applying mathematical, statistical and financial knowledge related to unpaid claim liability, forecasting and premium analysis.
    • Conducts trend analysis and studies including tracking of industry trends and benchmarks.
    • Develops pricing and analysis for new product development.
    • Analyzes risk profiles of populations using predictive modeling techniques on both a concurrent and prospective basis.
    • Analyzes completed work for accuracy, reasonableness and actuarial soundness. Troubleshoots processes and resolves complex issues.
    • Conducts competitive market research regarding plan offerings, pricing and market share.
    • Assists in the preparation and evaluation of special actuarial projects.
    • Analyzes large claims and the impact to financial results.

    Knowledge / Skills / Abilities

    • Ability to prioritize and manage multiple competing priorities.
    • Knowledgeable of healthcare industry reform provisions and the potential implications.
    • Self-starter with minimal need for intervention or supervision.
    • Excellent oral and written communication skills and the ability to appropriately adjust communication for the audience.
    • Ability to train and mentor team members with less experience.
    • Excellent problem-solving and analytical skills with the ability to think logically and perform analysis in a timely manner.
    • Strong command of MS Office Suite including Access, Word and PowerPoint. Highly proficient with Microsoft Excel including formulas, calculations, pivot tables and graphs. .
    • Knowledge of programming and databases such as Visual Basic for Applications and SQL.
    • Knowledge of healthcare reform and industry trends.

    Qualifications

    Qualifications

    Required

    • Bachelor's degree in Actuarial Science, Mathematics, Statistics, or possesses a similar background in quantitative analysis.
    • Associate in the Society of Actuaries.
    • Five years of actuarial experience.

    Qualifications (Preferred)

    Preferred

    • Knowledge of the Utah healthcare market preferred.
    • Master's degree in a related field.

    Working Conditions and Physical Demands

    Employee must be able to meet the following requirements with or without an accommodation.

    • This is a sedentary position in an office setting that may exert up to 10 pounds and may lift, carry, push, pull or otherwise move objects. This position involves sitting most of the time and is not exposed to adverse environmental conditions.

    Physical Requirements

    Listening, Manual Dexterity, Sitting, Speaking, Standing, Walking

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