Actuarial Analyst

Posted Yesterday
Be an Early Applicant
Okemos, MI, USA
In-Office
Entry level
Insurance
The Role
Performs actuarial and statistical tasks for product and rate development, fee schedules, forecasting, and reporting. Designs and maintains data applications, compiles and analyzes data for pricing, budgeting, and filings, supports new product rating and underwriting, responds to bids, and provides internal and external reporting on claims liabilities and experience. Collaborates with other Delta Dental plans and stakeholders on rating analyses and special reports.
Summary Generated by Built In

Job Title:

Actuarial Analyst

Number of Positions:

1

Location:

Okemos, MI

Location Specifics:

Hybrid Position

Job Summary:

At Delta Dental of Michigan, Ohio, and Indiana we work to improve oral health through benefit plans, advocacy and community support, and we amplify this mission by investing in initiatives that build healthy, smart, vibrant communities. We are one of the largest dental plan administrators in the country, and are part of the Delta Dental Plans Association, which operates two of the largest dental networks in the nation.

At Delta Dental, we celebrate our All In culture. It’s a mindset, feeling and attitude we wrap around all that we do – from taking charge of our careers, to helping colleagues and lending a hand in the community.

Position Description:

Performs actuarial and statistical functions for product development and rating, external business, fee tables and schedules.

Primary Job Responsibilities:

  • Designs, implements and maintains various levels of application programs to ensure efficient, accurate, and timely collection and manipulation of data in support of actuarial services.
  • Compiles, develops, analyzes, and maintains data for forecasting, rate development, fee development and analysis, insurance bureau filing and budgeting.
  • Provides actuarial support to new product development. Assists underwriting with rating of non-standard benefits design.
  • Provides information to internal and external customers regarding claims liabilities and receivables, number of subscribers, group experience, and fee analysis. Executes and monitors periodic special reports and analyses to internal and external customers.
  • Assists sales and group administration in responding to major bids and proposals.
  • Provides actuarial and underwriting assistance to other Delta Dental Plans, the Delta Dental Plan Association and Renaissance, including total business rating analysis, development of manual rating formula, and requested rating factor calculations.

Perform other related assigned duties as necessary to complete the Primary Job Responsibilities as described above.

#LI-Hybrid

Minimum Requirements:

Position requires a bachelor’s degree in actuarial science, mathematics, statistics or a related field and six months of experience analyzing and reporting data, preferably including some programming. Will accept any suitable combination of education, training, or experience.

Position requires intermediate knowledge of word processing and spreadsheet applications; strong verbal and written communication skills; strong analytical skills; the ability to work independently and as part of a team; and the ability to solve problems using independent judgment.

The company will provide equal employment and advancement opportunity within the context of its unique business environment without regard to race, color, religion, gender, gender identity, gender expression, age, national origin, familial status, citizenship, genetic information, disability, sex, sexual orientation, marital status, pregnancy, height, weight, military status, or any other status protected under federal, state, or local law or ordinance.

Skills Required

  • Bachelor's degree in actuarial science, mathematics, statistics, or a related field
  • Six months of experience analyzing and reporting data
  • Programming experience (preferred)
  • Intermediate knowledge of word processing applications
  • Intermediate knowledge of spreadsheet applications
  • Strong verbal and written communication skills
  • Strong analytical skills
  • Ability to work independently and as part of a team
  • Ability to solve problems using independent judgment
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Okemos, MI
903 Employees
Year Founded: 1957

What We Do

Delta Dental of Michigan began operations in 1957, and today with its affiliates, is one of the largest dental plan administrators in the country. Delta Dental companies nationwide comprise the Delta Dental Plans Association, which provides coverage to more than 80 million Americans and operates two of the nation’s largest networks of participating dentists. In addition to providing superior dental benefits, Delta Dental of Michigan and the Delta Dental Foundation are committed to investing in initiatives that support healthy, smart, vibrant communities for all. Follow the Delta Dental Foundation for their work on improving oral and overall health and health equity.

Similar Jobs

In-Office
Lansing, MI, USA
5096 Employees

Emergent Holdings Logo Emergent Holdings

Actuarial Analyst II - P&C

Information Technology • Consulting
In-Office or Remote
2 Locations
483 Employees
71K-118K Annually
In-Office or Remote
43 Locations
5202 Employees
123K-164K Annually
In-Office
Farmington Hills, MI, USA
827 Employees

Similar Companies Hiring

Globe Life Thumbnail
Insurance • Financial Services
McKinney, TX
3000 Employees
MassMutual India Thumbnail
Big Data • Fintech • Information Technology • Insurance • Financial Services
Hyderabad, Telangana
Granted Thumbnail
Mobile • Insurance • Healthtech • Financial Services • Artificial Intelligence
New York, New York
23 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account