[Remote] Associate Actuary at Humana

San Antonio, Texas, United States

Humana Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Healthcare, InsuranceIndustries

Requirements

  • Bachelor's Degree
  • Associate of Society of Actuaries (ASA) designation
  • Meets eligibility requirements for Humana's Actuarial Professional Development Program (APDP)
  • MAA (Member of the American Academy of Actuaries)
  • Strong communication skills
  • Demonstrated ability to communicate technical information with audiences not in the actuarial space
  • Must be passionate about contributing to an organization focused on continuously improving consumer experiences
  • 3+ years health industry experience with ASA, or 1+ years health industry experience with FSA
  • 2+ years SQL experience, or equivalent skillset

Responsibilities

  • Analyzes and forecasts financial, economic, and other data to provide accurate and timely information for strategic and operational decisions
  • Establishes metrics and provides data analyses 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
  • 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
  • Supports long-term projects aimed at advancing technical maturity, process efficiency, and forecasting accuracy
  • Conducts independent research and collaborates across many teams/departments

Skills

Key technologies and capabilities for this role

Actuarial ScienceASAForecastingAnalyticsData AnalysisFinancial ModelingBusiness IntelligenceRoot Cause AnalysisCommunicationMAAA

Questions & Answers

Common questions about this position

What is the pay range for the Associate Actuary position?

The compensation range reflects a good faith estimate of starting base pay for full time (40 hours per week) employment at the time of posting, but the specific range is not detailed. Individual pay will vary based on geographic location, demonstrated job related skills, knowledge, experience, education, and certifications.

Is this a remote position, and what's the travel requirement?

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

What are the required qualifications and skills for this role?

Required qualifications include a Bachelor's Degree, Associate of Society of Actuaries (ASA) designation, eligibility for Humana's Actuarial Professional Development Program (APDP), MAA, strong communication skills, passion for improving consumer experiences, 3+ years health industry experience with ASA or 1+ years with FSA, and 2+ years SQL experience or equivalent.

What is the company culture like at Humana for this role?

Humana emphasizes a caring community focused on putting health first and continuously improving consumer experiences, with a collaborative environment that values creativity, curiosity, strong communication, and self-accountability.

What makes a strong candidate for the Associate Actuary role?

Strong candidates will have the required ASA designation, health industry experience, SQL skills, and strong communication abilities, plus preferred qualifications like Medicare Advantage background, creativity, self-accountability, and experience in Python, PowerApps, or PowerBI.

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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