Associate, Actuarial Resume Sample
Work Experience
- Prepare project results or recommendations for a wide range of audiences using written reports and presentation exhibits/graphics
- Assist with the development and testing of computer applications to enhance analytical capabilities related to corporate projects, increase efficiency and accuracy of calculations, and automate processes
- Assist with the preparation of regulatory reporting requirements
- Assist team with department initiatives and projects
- Forecast - validate, report and justify revenue projection for West Region Small Group line of business for company’s forecast cycle
- Product Pricing - perform pricing of new products and/or plan designs using the company’s proprietary medical and pharmacy benefit pricing tools
- Rate Implementation - update rate cards with required rating factor changes and perform required testing to ensure rating factors are loaded properly into the company’s rating administration systems
- Pricing Analysis - perform periodic analysis of the company’s projected experience by line of business versus manual rates to determine supportable pricing actions
- Positions in this function analyze and implement changes that impact the foundational pricing and risk assumptions
- Merger and Acquisition (M&A) and due diligence
- Advanced financial modelling approaches and systems e.g., designing valuation and Asset Liability Management frameworks
- Performance evaluation in areas related to financial risks, product distribution and capital issues
- Regulatory changes, including Risk-Based Capital, Solvency II and International Financial Reporting Standards
- Develop and validate modeling activity and resource plan for SGP Modeling Work Packages in consultation with Asia VST Modeling lead, and in collaboration with other work streams
- Ensure clarity of responsibilities and ownership of specific activities and deliverables within the Divisional, Country BU and Global modeling teams
- Work with Asia VST Modeling Lead and Global modeling team on model design principles and guidelines and provide comment and input to address Asia BU specific issues
- Ensure SGP VST models are compliant with VST principles while at the same time meet business needs
- Manage the dependencies outside of own control
- Liaise between VST and BU. Ensure timely communication between stakeholders
- Provide support to the setup of Asia Valuation Shared Service Centre
- Lead and coach a team of actuarial professionals
Education
Professional Skills
- Strong project management capability and communication skills
- Strong technical skills required in Microsoft office
- Highly motivated individual with strong attention to detail, good organization skills, and the ability to work independently as well as a member of a team
- Experience working in finance or the health care industry - Experience working in a corporate environment
- Technical skills using a desktop PC, Excel and Access, including visual basic
- Experience in a healthcare actuarial role including experience with Medicare Advantage bid development and risk adjustment
- Strong AXIS modeling experience and knowledge
How to write Associate, Actuarial Resume
Associate, Actuarial role is responsible for software, basic, finance, reporting, design, research, modeling, insurance, visual, technical.
To write great resume for associate, actuarial job, your resume must include:
- Your contact information
- Work experience
- Education
- Skill listing
Contact Information For Associate, Actuarial Resume
The section contact information is important in your associate, actuarial resume. The recruiter has to be able to contact you ASAP if they like to offer you the job. This is why you need to provide your:
- First and last name
- Telephone number
Work Experience in Your Associate, Actuarial Resume
The section work experience is an essential part of your associate, actuarial resume. It’s the one thing the recruiter really cares about and pays the most attention to.
This section, however, is not just a list of your previous associate, actuarial responsibilities. It's meant to present you as a wholesome candidate by showcasing your relevant accomplishments and should be tailored specifically to the particular associate, actuarial position you're applying to.
The work experience section should be the detailed summary of your latest 3 or 4 positions.
Representative Associate, Actuarial resume experience can include:
- Experience in a health actuarial setting
- Actuarial experience including
- Leverage extensive experience and judgment to plan and execute departmental goals that enable our organization to meet or exceed its business objectives
- Assisting with and participating in presentations where appropriate
- Interacting and coaching teams of actuaries and non-actuaries
- Leading actuarial analysis and services in support of claims analysis, financial projections and pricing/product strategy
Education on an Associate, Actuarial Resume
Make sure to make education a priority on your associate, actuarial resume. If you’ve been working for a few years and have a few solid positions to show, put your education after your associate, actuarial experience. For example, if you have a Ph.D in Neuroscience and a Master's in the same sphere, just list your Ph.D. Besides the doctorate, Master’s degrees go next, followed by Bachelor’s and finally, Associate’s degree.
Additional details to include:
- School you graduated from
- Major/ minor
- Year of graduation
- Location of school
These are the four additional pieces of information you should mention when listing your education on your resume.
Professional Skills in Associate, Actuarial Resume
When listing skills on your associate, actuarial resume, remember always to be honest about your level of ability. Include the Skills section after experience.
Present the most important skills in your resume, there's a list of typical associate, actuarial skills:
- Work effectively with a Global project team in different time zone
- Highly developed communication & relationship skills
- Experience managing a staff and leading a team in complex actuarial projects that have a large financial and/or risk impact
- Good understanding on CIFRS reporting basis
- Previous experience with group pricing and rate filing
- Review emerging plan experience to ensure accurate pricing
List of Typical Experience For an Associate, Actuarial Resume
Experience For Associate Director, Actuarial Services Resume
- Develop technical skills with software and systems such as Visual Basic, SAS, ALFA, AXIS, and ICE
- Experience with Medicaid Health Plan and/or ACO
- Experience with SAS/SQL
- Responsible for reviewing other team members work to ensure adherence to terms of trade
- Maintain reserving models and assumptions to prepare monthly estimates
Experience For Associate Actuarial Analyst Resume
- Work closely with the Director to manager and maintain the medical pricing model for Medicare Advantage EGWPs (Employer Group Waiver Plans)
- Familiarity with supporting Accountable Care Organizations’ unique needs
- Assist in development of premium rates for Medicare Supplement products
- Prepare Medicare Supplement rate filings
- Participants in the UHC Actuarial Leadership Development Program (ALDP)
- Participants rotate amongst the Actuarial business over a defined period of time
Experience For Senior Associate, Actuarial Services Resume
- Responsible for adherence to terms of trade and documentation standards
- Responsible for compliance with the provisions of the Actuarial Development Program, including exam progression and participation in other educational opportunities
- Perform data mining and analysis to identify trends and drivers
- Completion of at least 2 Society of Actuaries exams
- Analyze and interpret quantitative data to create and review monthly / quarterly and ad hoc exhibits
- Assist in the preparation of medical expense forecasts
- Extract and analyze results to look for opportunities to improve financial results
Experience For Risk-actuarial, Senior Associate Resume
- Analyze forecasts and trends and translate highly complex concepts
- Perform and evaluate Market competitive studies
- Perform revenue projection and determine reasonability of Forecast BCR
- Manage the workload and career development of a small staff of actuarial analysts
List of Typical Skills For an Associate, Actuarial Resume
Skills For Associate Director, Actuarial Services Resume
- Actuarial experience with Medicare Part D
- Experience as a Health Actuary with advanced knowledge of concepts and methodologies in healthcare
- Fellowship in a recognized international actuarial professional body with 7+ years of experience
- Up to three years actuarial experience
- Professional Actuarial experience
- Perform periodic analysis of the company's projected experience by line of business versus manual rates to determine supportable pricing actions
- Leading actuarial analysis and services in support of claims analysis, financial projections, and pricing/product strategy
- Assisting with and participating in negotiations and presentations where appropriate
Skills For Associate Actuarial Analyst Resume
- Supporting development of provider fee schedules, capitation rates, gain sharing programs and other contractual arrangements
- Supporting development of MA-PD bids, provider fee schedules, capitation rates, gain sharing programs and other contractual arrangements
- Managing unpaid claims reserves and forecasting future medical expense trends
- Bring in the right talent, develop talent, set goals and evaluate performance
- Coaching teams of actuaries
Skills For Senior Associate, Actuarial Services Resume
- Interacting with internal operations, Evolent clients, as well as, actuarial consultants
- Building relationships with business partners and Health Plan
- Lead actuarial analysts in the update and creation of medical pricing studies, supporting and enhancing the accurate pricing of the medical EGWP pricing
- Responsible for assisting in the creation of actuarial models, analyzing results and proposing PLT solutions
- Develop pricing of new products and/or plan changes using the company’s proprietary medical and pharmacy benefit pricing tools
- Perform rate implementation with rating factor changes and perform required testing to ensure rating factors are loaded properly
- Work closely with the Individual Medicare Advantage Pricing Team, Trend Team, and Finance to ensure consistency with emerging trends and strategic planning
Skills For Risk-actuarial, Senior Associate Resume
- Advanced proficiency with MS Excel (including modeling)
- Familiarity with Medicare Advantage bid pricing and financial forecasting
- Support monitoring and improving the reserve development process and models
- Support reviewing reserve results and communicating the results to management
- Responsible for assisting in responses to requests of clients, reinsurance partners, regulators, internal and external auditors, and rating agencies
- Assist underwriting with ad hoc pricing questions
- Communicate pricing results to management and provide guidance on achieving financial targets
- Clearly communicate the modeling dependencies to the data and system and process improvement workstreams
Skills For Associate Director, Actuarial Resume
- Overall responsibility for VST AXIS Liability modeling for Singapore business unit
- Successful passing of at least 1 Actuarial exam
- Expertise in MS Excel working with formulas, calculations, charts and graphs
- Knowledge on SGP local reporting bases is an asset
- Advanced proficiency in MS Excel working with formulas, calculations, charts and graphs
- Take initiative in finding solutions to difficult and/or sensitive problems
- Familiarity with supporting Accountable Care Organizations unique needs
- Support the development of monthly claim reserve, quarterly Level Premium Reserve (LPR) and other types of reserves for financial reporting
Skills For Associate, Actuarial Resume
- Help identify and quantify drivers that impact the magnitude or timing of reserves
- Lead by casting a United values-driven leadership shadow to positively influence employee engagement and performance
- Interpret, adhere to and apply relevant state and federal laws/regs (e.g., STAT, rating)
- Manage the complex project with a lot of dependencies outside of own control
- Prompt response on identified issues in the project
- Ensure SGP VST AXIS liability models comply with VST principles and meet business needs
- Act as liaise between SGP BU and VST
- Collaborate with other VST work streams to ensure smooth implementation
- Role interacts with internal operations, Evolent clients, as well as actuarial consultants
Skills For Associate Director, Actuarial Services Resume
- Preparation for, or completion of, an Actuarial exam
- ASA or FSA designation is required
- Knowledge of Actuarial theory and methods and their appropriate application desirable
- Research data, identify trends and recommend appropriate actions
- Proficiency with Microsoft Suite of products; i.e., Word, Excel, PPT, etc
- Reside in the greater Twin Cities area
Skills For Associate Actuarial Analyst Resume
- Proficiency with MS Excel (formulas, calculations, charts, graphs) and Access
- At least a basic level of proficiency with VBA
- This role is approximately 60% client management and about 40% technical work
- Role interacts with internal operations, Evolent clients, as well as, actuarial consultants
- Create, modify, run and test models used to develop regulatory and statutory filings
- Provide leadership to and is accountable for the performance of actuarial staff
- Leverage sphere of influence to remove obstacles and resolve problems in order to deliver timely and impactful projects
- Influence the decisions of senior leaders and client
Skills For Senior Associate, Actuarial Services Resume
- Collaborate with other leaders across the business to develop solutions to business challenges
- Interpret, adhere to and apply actuarial standards of practice (ASOPs)
- Leading actuarial analysis and services in support of claims analysis, financial projections and pricing/product strategy for Medicare Advantage line of business
- Balancing growth and profitability goals to maximum results
- Developing the organization's premium rate structure through the forecasting of financial/statistical data in a manner which is actuarially sound and competitive in the marketplace
- Incorporating organizational expectations for the financial impacts of clinical integration, population management processes provider contracts and benefit structures into rates and financial projections
- Presenting reports and analyses to clients and internal executives
Skills For Risk-actuarial, Senior Associate Resume
- Partnering with sales team to support proposals
- Collaborative working style with the ability to work across different organizations and personalities
- Compile revenue and statistical data for a variety of projects, such as producing monthly variance analysis reports, revenue forecasting, identifying medical trends, and performing premium and membership trend analysis
- Analyze and implement changes that impact the foundational pricing and risk assumptions
- Data analysis, Excel modeling, and other actuarial analytics to support the MA bid process
- Perform various financial analyses in support of pricing activities
- Responsible for creating presentations for internal and client communications