[Remote] Actuary, Risk and Compliance at Humana

San Antonio, Texas, United States

Humana Logo
Not SpecifiedCompensation
N/AExperience Level
N/AJob Type
Not SpecifiedVisa
N/AIndustries

Requirements

  • Bachelor's degree
  • 8 or more years of technical experience
  • 2 or more years of project leadership experience
  • Associate or Fellow in the Society of Actuaries
  • Member of the American Academy of Actuaries
  • Strong communication skills
  • Passionate about contributing to an organization focused on continuously improving consumer experiences
  • Medicare Advantage experience (preferred)
  • Ability to manage large projects involving actuarial and non-actuarial staff (preferred)

Responsibilities

  • Manage and oversee actuaries and/or support staff in identifying and managing risks
  • Identify and analyze potential risks and estimate the potential financial consequences
  • Develop and recommend controls and cost-effective approaches to minimize risks
  • Assess and communicate information regarding actuarial/business risks across the organization
  • Provide peer review and counsel on company, industry, and regulatory practices
  • Monitor developments in actuarial techniques and research laws and regulations applicable to actuarial science and insurance operations
  • Advise executives on matters of significance and develop functional strategies
  • Participate in CMS audits and reviews related to Humana's Medicare bids
  • Create and maintain process improvements to bid filings to continually improve Humana's ability to file compliant bids
  • Lead a team of 2 direct reports

Skills

Humana

Health insurance provider for seniors and military

About Humana

Humana provides health and well-being services, focusing on Medicare Advantage plans for seniors, military personnel, and communities. Their plans include HMO, PPO, and PFFS options, designed to improve health outcomes through comprehensive and flexible coverage. Humana's revenue comes from government contracts and member premiums, and they aim to maintain high renewal rates by offering quality service and competitive benefits. The company stands out by fostering a culture of inclusivity and belonging among its employees, while also ensuring accessibility for all members, including offering free language interpreter services. Humana's goal is to deliver value to its members through an extensive provider network and innovative health solutions.

Louisville, KentuckyHeadquarters
1961Year Founded
IPOCompany Stage
Social Impact, HealthcareIndustries
10,001+Employees

Risks

Potential over-reliance on AI could disrupt operations if systems fail or are compromised.
Rising medical costs and tightening Medicare reimbursements may strain financial performance.
Leadership change with new CEO Jim Rechtin could lead to strategic disruptions.

Differentiation

Humana is a leader in Medicare Advantage plans, focusing on seniors and military personnel.
The company emphasizes inclusivity, offering free language interpreter services for accessibility.
Humana leverages AI and cloud technologies through a partnership with Google Cloud.

Upsides

Humana's investment in Healthpilot enhances digital enrollment for Medicare options.
The company is the first insurer to cover TMS therapy for adolescent depression.
Humana's focus on value-based care aims to improve outcomes for kidney disease patients.

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