The Associate Actuary, Valuation is responsible for estimates of short term and long- term reserves required for unpaid claim liability, active life reserves, and other actuarial items that ought to be established, appropriate margins, and premium deficiency reserves for monthly, quarterly, and annual financial statement reporting. The Associate Actuary will have work assignments involving moderately complex to complex issues where the analysis of situations or data requires an in-depth evaluation of variable factors.
The Associate Actuary, Valuation partners with Corporate Finance for internal & statutory reporting, and supports the Appointed Actuary with Actuarial Opinions, Actuarial Memorandums, and state Department of Insurance examinations. Other responsibilities may include ensuring data integrity and the successful creation of the monthly IBNR models, working across the Corporate Actuarial Valuation team to enhance process efficiency, collaborating with stakeholders, and leading one to two associates. Makes recommendations on moderately complex to complex issues regarding technical approach for project components, and work is largely performed with minimal direction. Exercises considerable latitude in determining objectives and approaches to assignments.
This position will report to a Director in Corporate Actuarial Valuation and will have significant exposure to Humana’s Appointed Actuary and Chief Actuary, with opportunities to present to other Senior leaders such as the Chief Financial Officer.
Associate of Society of Actuaries (ASA) designation, Member of the American Academy of Actuaries
Meets the basic education and continuing education requires for issuing statements of actuarial opinion (SAOs)
Meets eligibility requirements for Humana’s Actuarial Professional Development Program (APDP)
Strong communication skills
Strong Technical skills – VBA and SQL or similar
Must be passionate about contributing to an organization focused on continuously improving consumer experiences
This role may be full-time remote.
Scheduled Weekly Hours