Health and Benefits Actuarial Associate 1

4 days ago


San Francisco, California, United States CFA Institute Full time
About the Role

We are seeking a highly skilled Actuarial Associate to join our Health and Benefits team. As an Actuarial Associate, you will play a key role in managing complex client projects, analyzing data, and communicating results to clients.

Key Responsibilities
  1. Project Management: Manage multiple client projects, including financial projections, carrier selection, plan design optimization, and employee contribution setting.
  2. Data Analysis: Analyze data using Excel spreadsheets to inform project decisions and communicate results to clients.
  3. Client Communication: Present project results to clients and manage client communications via email.
  4. Actuarial Modeling: Use actuarial modeling to evaluate financial liabilities for benefits programs.
  5. Healthcare Cost Trends: Analyze healthcare cost trends, demographics, medical and dental network discounts, and employee contribution strategies.
  6. Vendor Management: Gather benchmarking, utilization, or rate data from vendors and interpret the meaning of the data.
  7. Cost Projections: Responsible for cost projections and vendor renewal workups.
  8. Claims Experience: Track claims experience by gathering data from clients and vendors and checking for reasonableness.
  9. Financial Reporting: Analyze actual versus expected healthcare costs using an Excel template.
Requirements
  1. Education: Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, or a related field.
  2. Experience: Two years of experience in the job offered, as a Health and Benefits Actuarial Technician/Specialist, or in a related occupation.
  3. Skills: Proficiency in Excel, actuarial modeling, and data analysis. Strong communication and project management skills.
  4. Certifications: Must have passed at least 2 Society of Actuaries (SOA) exams.
About Us

CFA Institute is a global association of investment professionals that aims to promote ethics, education, and professional excellence in the investment industry. We are committed to building a diverse and inclusive work environment that values creativity, innovation, and collaboration.

We offer a competitive total rewards package, including health and welfare benefits, tuition assistance, 401K savings, and other retirement programs. If you are a motivated and detail-oriented individual with a passion for actuarial science, we encourage you to apply for this exciting opportunity.


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