Uncubed
           

Actuarial Associate

Bright Health, Minneapolis, MN

WE’RE NEW, BUT WE’RE NOT NEW AT THIS.


ABOUT THIS ROLE

The Actuarial Associate will have a lead role in Line of Business pricing, risk management, strategy decisions and block management.  

ROLE RESPONSIBILITIES

  • Work in tandem with the Chief Actuary but have lead responsibility on all project work related to complex trends while also interfacing with internal and external stakeholders
  • Support Chief Financial Officer in the development of forecasting models, projections and relevant information to inform C-Level business decisions
  • Support the team through modeling, market analysis and experience to determine company growth initiatives; support the team by conducting research and data analysis, and with informed profitable cohorts and renewal targets
  • Establish monthly reserve levels for all medical products
  • Perform ad-hoc data analysis
  • Work with consulting actuaries on product pricing and various other analysis
  • Managed work of supporting actuarial staff and data analyst to achieve work deliverables
  • Individual contributor and SME for their respective line of business, supporting strategy and plan design discussions, market positioning and regulatory landscape
  • Other duties and responsibilities as assigned

EDUCATION, TRAINING, AND PROFESSIONAL EXPERIENCE

  • A Bachelor’s degree required in Math, Statistics, Economics, Actuarial Science, or a related field is required
  • Four (4) or more years of experience working with commercial ACA products is required
  • Understanding of healthcare claims data

PROFESSIONAL COMPETENCIES

  • Proficient in Microsoft Excel and other Office products
  • Experience with forecasting, modeling, and SQL or SAS
  • Intermediate to expert level knowledge of healthcare pricing for ACA Individual products
  • Understanding of company practices related to management of member populations for purposes of estimating risk
  • Produce, understand, and interpret internal and external analysis and reports; provide effective technical and non-technical support to internal and external stakeholders
  • Strong communication skills and ability to meet with C-Level leadership on pricing and plan related topics

LICENSURES AND CERTIFICATIONS

  • Associateship or greater in the Society of Actuaries is required.
WORK ENVIRONMENT

The majority of work responsibilities are performed in an open office setting, carrying out detailed work sitting at a desk/table and working on the computer. Some travel may be required.

ABOUT US
 
At Bright Health, we brought together the brightest minds from the health care industry and consumer technology and together we created Bright Health: a new, brighter approach to healthcare, built for individuals. Our plans are easy to manage, personalized and more affordable, giving people the quality care they deserve. Through our exclusive care partnerships with leading health systems in local communities we are reshaping how people and physicians achieve better health together.
 
We’re Making Healthcare Right. Together. 

We've won some fun awards like: Great Places to WorkModern HealthcareForbes, etc. But more than anything, we're a group of people who are really dedicated to our mission in healthcare. Come join our growing team!
 
As an Equal Opportunity Employer, we welcome and employ a diverse employee group committed to meeting the needs of Bright Health, our consumers, and the communities we serve. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.

BRIGHT ON!

About Bright Health

Here’s the great thing about building a health plan from the ground up. We get to ask "why" at every turn – and make every decision a thoughtful one. But we’re different than other new health insurance companies because we come from big places. Our leaders have decades of experience working in health insurance and are committed to improving the customer experience. They started Bright Health because they know what to do and, more importantly, what not to do when creating a system that will actually work in your favor. Bright Health believes healthcare can be done better. Our carefully selected network: When we sat down to design Bright Health plans, we were thinking about relationships – the one between you and your doctor, and also the one between us and your doctor. Then we set out to create purposeful partnerships with caring providers. We call them our Care Partner. Our tight-knit network gives you access to a community of compassionate providers who are working together with us and with each other to help you live Brighter. Our commitment to service: When you need care, you want someone familiar who can help you, someone who actually feels good to interact with. And in-between visits to the doctor, you want someone who will help you thrive. So with any Bright Health plan, you get us, your Bright Health Team. We’re here, ready to help. No matter if your question is “Can I see this doctor?” or “How much is covered?” it’s easy to reach a real person who can get you the right answers and help you find the right care. There, that’s better. Our Whole Health Rewards: Keeping good health extends far beyond how many steps you take, what your BMI is, or what kind of food you eat. Don’t get us wrong, those things certainly contribute to your well-being but there’s a whole lot more to the picture. We provide opportunities for you to earn $$ throughout the year for making good decisions that lead to a Brighter life. When you and your health plan both want what’s best for you – it makes staying well a whole lot easier.

Want to learn more about Bright Health? Visit Bright Health's website.