Actuarial Services Analyst at ChenMed

| Miami, FL
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We're unique. You should be, too.

We're changing lives every day. For both our patients and our team members. Are you innovative and entrepreneurial minded? Is your work ethic and ambition off the charts? Do you inspire others with your kindness and joy?

We're different than most primary care providers. We're rapidly expanding and we need great people to join our team.

The Actuarial Services Analyst is responsible for managing and tracking the risk positions within ChenMed as well as supporting the strategic goals of the company. Performs technical and analytical support functions to help the department and the company meets its goals. Works with different departments within ChenMed to provide analytics supported by actuarial modeling.

In alignment with our Finance vision, this position will support the transformation of care for the neediest populations by being committed to business focused self-development, through the generation and use of information to support business leadership in driving great decisions, optimizing performance and ensuring accountability through transparency, actionable insights and education.ESSENTIAL JOB DUTIES/RESPONSIBILITIES:
  • Appliesknowledge of mathematics, probability, statistics, and principles of business to enhance the IBNR(IncurredButNot Reported)models and improve the monthly close process.
  • Workswith a team of financial analysts to assist with the actuarial components oftheannual financial plan. Assistsin the determination of revenue, reserves and/or cash flow projections.
  • Identifies data patterns and trends, and provides insights to enhance business decision making capability in business planning, process improvement, solution assessment, etc.
  • Analyzesand validatespayer claims data.Assistsmarkets to identify factors driving claims cost and estimateshistorical and prospective trends.
  • Performsactuarial analysis of CMS public information.Calculatesstatistical and probability forecasts and models from data.
  • RunsCMS risk adjustment model to calculate member level risk scores.
  • Providesactuarial support to markets;creates anddistributesreports;respondsto inquiries.
  • Assistsin actuarial research, experience studies, and statistical analyses and calculations.
  • Reviewsaccuracy of data and calculations.Reportsand interpretsresults of data analysis. Analyzesrisk evaluation data, using appropriate models and statistical methods;createsrelevant charts and graphs.
  • Performsother duties as assigned and modified at manager's discretion.

We're ChenMed and we're transforming healthcare for seniors and changing America's healthcare for the better. Family-owned and physician-led, our unique approach allows us to improve the health and well-being of the populations we serve. We're growing rapidly as we seek to rescue more and more seniors from inadequate health care.

ChenMed is changing lives for the people we serve and the people we hire. With great compensation, comprehensive benefits, career development and advancement opportunities and so much more, our employees enjoy great work-life balance and opportunities to grow. Join our team who make a difference in people's lives every single day.

  • Works under direct guidance and supervision
  • Software skills in Visual Basic, SQL and SAS
  • Good analytical and communication skills
  • Proficient in Microsoft Office Suite products including Word, Excel, PowerPoint, Outlook, and database software
  • Ability and willingness to travel locally, regionally, and nationwide up to10% of the time
  • Spoken and written fluency in English
  • This job requires use and exercise of independent judgment
  • Bachelor's degree; Completion of 2+ actuarial exams; on track to ASA/FSA designation.Experience may substitute for education on a year-for-year basis above the minimum required
  • Bachelor's degree in actuarial science, mathematics, economics, statistics, data science or finance preferred
  • No prior experience required
  • Data science experience preferred
More Information on ChenMed
ChenMed operates in the Healthtech industry. The company is located in Philadelphia, PA, Philadelphia, PA, Philadelphia, PA, Philadelphia, PA, Virginia Beach, VA, Norfolk, VA, Portsmouth, VA, Jacksonville, FL, Jacksonville, FL, Jacksonville, FL, Lakeland, FL, Lakeland, FL, Miami Gardens, FL, Hialeah, FL, Clearwater, FL, Chicago, IL, Louisville, KY, Atlanta, GA and New Orleans, LA. ChenMed was founded in 2022. It has 1492 total employees. It offers perks and benefits such as Flexible Spending Account (FSA), Disability Insurance, Dental Benefits, Vision Benefits, Health Insurance Benefits and Life Insurance. To see all 69 open jobs at ChenMed, click here.
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