Actuary, Valuation

Employment Type: Full-time Location Type: Remote (occasional travel may be required) Scheduled Weekly Hours: 40 Pay Range: $129,300 - $177,800 per year (eligible for bonus incentive plan) Application Deadline: 07-30-2025

Position Overview

Become a part of our caring community and help us put health first. The 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. This role works on problems of diverse scope and complexity, ranging from moderate to substantial.

Responsibilities

• Partner with Finance for internal & statutory reporting.
• Complete asset adequacy testing in support of the Actuarial Opinions and Actuarial Memorandums for the Appointed Actuary.
• Handle actuarial reserves and risk control aspects of state Department of Insurance examinations, external auditors, and internal auditing of reserves and liabilities.
• Advise executives to develop functional strategies (often segment specific) on matters of significance.
• Exercise independent judgment and decision-making on complex issues regarding job duties and related tasks, working under minimal supervision.
• Use independent judgment requiring analysis of variable factors and determining the best course of action.
• Report to an Associate VP in Actuarial Valuation.
• Gain significant exposure to Humana’s Appointed Actuary and Senior Leaders throughout the Finance Organization.

Requirements

• Bachelor's degree
• ASA or FSA designation
• Member of the American Academy of Actuaries
• Meets the basic education requirements for issuing Statements of Actuarial Opinion (SOAs).
• 3 or more years of actuarial work experience.
• Must be passionate about contributing to an organization focused on continuously improving consumer experiences.
• Strong communication skills.
• Ability to translate technical issues for non-Actuarial audiences.

Preferred Qualifications

• 5 or more years of relevant health-related actuarial work experience.
• 1 or more years of experience with health insurance valuation topics.
• Independent consulting ability.
• Ability to think holistically through a project.

Travel

While this is a remote position, occasional travel to Humana's offices for training or meetings may be required.

Description of Benefits

Humana, Inc. and its affiliated subsidiaries offer competitive benefits that support whole-person well-being. Associate benefits are designed to encourage personal wellness and smart healthcare decisions for you and your family while also knowing your life extends outside of work. Benefits include:

• Medical, dental, and vision benefits
• 401(k) retirement savings plan
• Time off (including paid time off, company and personal holidays, volunteer time off, paid parental and caregiver leave)
• Short-term and long-term disability
• Life insurance
• Many other opportunities

About Us

Humana Inc. (NYSE: HUM) is committed to putting health first – for our teammates, our customers, and our company. Through our Humana insurance services and CenterWell healthcare services, we make it easier for the millions of people we serve to achieve their best health – delivering the care and service they need, when they need it. These efforts are leading to a better quality of life for people with Medicare, Medicaid, families, individuals, military service personnel, and more.