Humana

Associate Actuary

San Antonio, Texas, United States

Not SpecifiedCompensation
Entry Level & New Grad, Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, HealthcareIndustries

Position Overview

  • Location Type: Remote
  • Employment Type: Full Time
  • Salary: $106,900 - $147,000 per year
  • Job Type: Associate Actuary, Analytics/Forecasting

The Associate Actuary, Analytics/Forecasting analyzes and forecasts financial, economic, and other data to provide accurate and timely information for strategic and operational decisions. Establishes metrics, provides data analyses, and works directly to support business intelligence. Evaluates industry, economic, financial, and market trends to forecast the organization's short, medium and long-term financial and competitive position. The Associate Actuary, Analytics/Forecasting work assignments involve moderately complex to complex issues where the analysis of situations or data requires an in-depth evaluation of variable factors. The Associate Actuary, Analytics/Forecasting ensures data integrity by developing and executing necessary processes and controls around the flow of data. Collaborates with stakeholders to understand business needs/issues, troubleshoots problems, conducts root cause analysis, and develops cost effective resolutions for data anomalies. Begins to influence department’s strategy. Makes decisions on moderately complex to complex issues regarding technical approach for project components, and work is performed without direction. Exercises considerable latitude in determining objectives and approaches to assignments. The role is within the Medicare Finance organization. This role will be required to collaborate with various business partners on strategy objectives and workstreams. This role will work with various data requests and perform valuations that help inform financial strategy related to the Medicare Advantage line of business.

Requirements

  • Bachelor’s Degree
  • Associate of Society of Actuaries (ASA) designation
  • MAAA (Master of Applied Actuarial Science)
  • Strong communication skills
  • Must be passionate about contributing to an organization focused on continuously improving consumer experiences

Responsibilities

  • Analyzes and forecasts financial, economic, and other data.
  • Establishes metrics and provides data analyses.
  • Evaluates industry, economic, financial, and market trends.
  • Forecasts the organization’s short, medium, and long-term financial and competitive position.
  • Ensures data integrity by developing and executing necessary processes and controls.
  • Collaborates with stakeholders to understand business needs and issues.
  • Troubleshoots problems and conducts root cause analysis.
  • Develops cost-effective resolutions for data anomalies.
  • Influences department strategy.
  • Makes decisions on moderately complex to complex issues regarding technical approach for project components.

Preferred Qualifications

  • Medicare Advantage experience
  • Finance background preferred
  • Proficiency in SAS, Excel, and Power Point
  • Experience with presentations to senior leaders
  • Ability to work in a fast-paced environment

Application Instructions

  • Application Deadline: 05-29-2025

Company Information

  • Company: Humana Inc. (NYSE: HUM)
  • Mission: Committed to putting health first – for our teammates, our customers, and our company.
  • Services: Humana insurance services and CenterWell healthcare services.
  • Benefits: 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, and other opportunities.
  • Travel: While this is a remote position, occasional travel to Humana’s offices for training or meetings may be required.
  • Bonus Incentive Plan: This job is eligible for a bonus incentive plan, based upon company and/or individual performance.

Skills

Actuarial Analysis
Forecasting
Data Analysis
Data Integrity
Communication
Problem Solving
Valuation
Financial Modeling
Medicare Advantage

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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