NJM Insurance Group
Auto Insurance • Workers' Compensation Insurance • Homeowners Insurance • Commercial Auto Insurance • Renters Insurance
1001 - 5000
Manager, Actuary Medicare Advantage Bid
September 15
NJM Insurance Group
Auto Insurance • Workers' Compensation Insurance • Homeowners Insurance • Commercial Auto Insurance • Renters Insurance
1001 - 5000
Description
• Lead actuarial pricing for the Medicare Advantage bid process, fostering relationships and collaborating with other stakeholders and matrix partners. • Develop a robust suite of internal tools for the bid process, member-level and cohort-level profitability analysis, and detailed forecasting. • Forecasting and profitability analysis. • Perform other ad-hoc analyses as requested. • Explain and communicate variances and drivers of forecasts to senior leadership. • Provide strategic thinking regarding the overall business strategy, incorporating product knowledge and broad Medicare Advantage landscape market dynamics. • Supervise and train junior actuaries as needed.
Requirements
• Bachelors degree required, preferably within Mathematics, Statistics, Actuarial Sciences or a related field. • Requires 7+ years of Actuarial and/or statistics experience and attainment of Associate level in the Society of Actuaries (ASA). • Prefers supervisory experience. • Requires 5 + years of experience in Actuarial bid pricing. • ASA required • Requires expert knowledge of Excel. • Requires advanced proficiency with SAS. • Requires expert knowledge of Medicare Advantage bid regulations and bid instructions. • Requires in depth knowledge of the Medicare Advantage industry. • Requires excellent oral and written communication skills. • Requires strong analytical thinking. • Requires strong mathematical skill and statistical analysis abilities. • Requires good judgment and problem-solving skills. • Requires strong managerial skills. • Requires strong leadership skills.
Benefits
• Comprehensive health benefits (Medical/Dental/Vision) • Retirement Plans • Generous PTO • Incentive Plans • Wellness Programs • Paid Volunteer Time Off • Tuition Reimbursement
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