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CEDENT

Senior Actuarial Associate / Senior Actuarial Analyst

CEDENT, Aurora, Illinois, United States, 60505


Title:Senior Actuarial Associate / Senior Actuarial Analyst at Aurora, CO

Terms of Hire:Full Time

No of positions:Multiple

Job DescriptionProvide actuarial services to develop best-practice actuarial models and promote implementation Program-wide. Maintain accountability for the development of the organization's rate structure, maintenance of adequate reserves, and development of new products. Provide data/analytic expertise to support actuarial services including financial reporting, trend analysis, utilization studies, rate development and claims liability estimates.

Essential Functions:

Evaluates product line performance and the risk and appropriateness of assumptions used in product development.

Initiates and designs high priority primary research activities on behalf of clients.

Addresses opportunities for process improvements and influencing change.

Works on projects that require more complex planning and direction setting with diverse and multiple stakeholders.

Analyzes the financial risks for various asset/liability matching scenarios and monitors the appropriateness of reserves. Serves as an expert on the current health care market.

Helps identify key gaps in knowledge and needed research for Program and Regions.

Guides clients away from redundant, non-strategic, cost-ineffective research.

Sets priorities for all ad-hoc projects and analyses with key clients.

Assists clients in strategic planning, marketplace analysis, estimating growth potential, product research, image and reputation analysis, brand building, and service performance and improvements.

Makes initial determinations on reserves, dividend allocations, and surplus forecasts.

Qualifications:Basic Qualifications:Experience

Five (5) years of actuarial experience.

Education

Bachelor's degree in mathematics, statistics, computer science.

License, Certification, Registration

Belongs to the Society of Actuaries with the designation of ASA (Associate).

Additional Requirements:

Ability to manage large, complex projects and oversee multiple projects at the same time.

Ability to apply advanced actuarial methodologies and their applications to solve business problems.

Ability to apply advanced principles, theories, and concepts and explain to clients.

Strong familiarity with the internal and external statistical plans and sources of data, and the use of spreadsheet applications.

Must be able to work in a Labor/Management Partnership environment.

Preferred Qualifications:

Experience in both actuarial and business operations preferred.

You Will Enjoy:

An opportunity to be a part of a great culture, an awesome team, a challenging work environment, and some fun along the way!

Apply today to learn more and be part of our Growth story.

All applications will be kept strictly confidential and once shortlisted, our team will be in touch with you for further discussions.

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