Sr. Actuarial Analyst- Remote in AK/WA/OR/MT/ID/CA/NV/NM or TX
2 weeks ago
Responsibilities:
Analyze and interpret historical data, claim patterns, and other relevant information to estimate IBNR reserves for various lines of insurance.
Develop and maintain actuarial models and methods to accurately estimate IBNR reserves, ensuring compliance with regulatory requirements.
Conduct regular actuarial valuations to assess the financial impact of IBNR reserves on the company's balance sheet and financial statements.
Stay updated with industry trends and best practices in IBNR estimation methodologies, and implement improvements to enhance accuracy and efficiency.
Monitor and analyze emerging trends in claims, legal environment, and medical advancements, and proactively provide insights on their potential impact on IBNR reserves.
Collaborate with internal and external stakeholders, including auditors, regulators, and rating agencies, to ensure compliance and transparency in reporting IBNR reserves
Requirements:
Bachelor's Degree in Statistics, Mathematics, Actuarial, Finance, or another related field of study
Current ASA Designation or successful completion of at least 4 of the ASA exams
5+ years of actuarial experience preferably in an healthcare setting
Strong SQL querying skills
Demonstrated experience applying project management skills in data-related and financial analysis projects
A minimum of 2 years of experience in valuations and commercial pricing experience
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