Junior Actuarial Analyst Remote Hybrid

Primary City/State:

Phoenix, Arizona

Department Name:

Actuarial-BHN Cntr

Work Shift:

Day

Job Category:

General Operations

Find your path in health care. At Banner Health, caring for people is at the core of all we do. We are committed to diversity, equity and inclusion. If that sounds like something you want to be a part of - apply today!

Banner Health has been recognized by Becker's Healthcare as one of the 150 top places to work in health care. In addition, we recently made Newsweek's list of America's Greatest Workplaces 2023 for Diversity. These recognitions reflect Banner Health's investment in team members' professional development, wellness benefits, and continued education. It highlights our commitment to advocating for diversity in the workplace, promoting work-life balance, and boosting employee engagement.

As a Junior Actuarial Analyst, you will assist with various actuarial requests and gain experience in the industry. While working at Banner you will find we are unique as we are care and coverage in one. Most employers with actuaries on staff are insurance carriers and do not have a care delivery system within their organization. In this way, you will find that Banner sets itself apart. As the Junior Actuarial Analyst, you will gain a broadened understanding of healthcare as a Banner employee. In terms of technologies, you will primarily utilize SQL-based languages and SAS.

You will be working in a Hybrid Remote role as some days will be in a remote setting and some will be in our corporate offices. Phoenix, Arizona metro residency is required for this hybrid remote role. Your shifts times will be determined together with the manager once hired. You will be working in a part time capacity at 20 hours per week. You, the ideal candidate in this role, will be a student in Math or Actuary Science degree program. If this role sounds like the one for you, apply today!

Banner Health Network (BHN) is an accountable care organization that joins Arizona's largest health care provider, Banner Health, and an extensive network of primary care and specialty physicians to provide the most comprehensive healthcare solutions for Maricopa County and parts of Pinal County. Through BHN, known nationally as an innovative leader in new health care models, insurance plans and physicians are coming together to work collaboratively to keep members in optimal health, while reducing costs.

POSITION SUMMARY

This position will assist in healthcare actuarial analyses under the supervision of actuarial staff. The position will become knowledgeable in, Medicare Shared Savings Program (MSSP) Accountable Care Organizations (ACOs), Commercial ACOs, Employer Plans, Medicare Advantage Prescription Drug plans (MA-PD), Medicaid, Medical Economics, and/or other healthcare data analytics.

CORE FUNCTIONS

1. Assist in healthcare actuarial analyses under the supervision of actuarial staff.

2. Assist in projections, pricing, reserving, and other analyses using tools developed in Excel, SAS, Teradata, Tableau, and other software, with the oversight and feedback from actuarial staff.

3. Develop/present results of the performed analyses to actuarial staff.

4. Participate in the development of actuarial models and reports for the continued growth of the actuarial team.

5. Provide support to actuarial staff in performing IBNR estimates, financial reporting, and rate adequacy studies.

6. Research and compile information about healthcare regulations to support actuarial staff.

MINIMUM QUALIFICATIONS

Pursuing a Bachelor's degree in Statistics, Mathematics, Actuarial Science, Business, Finance, Healthcare Administration or related field.

Must demonstrate effective verbal and written communication skills.

PREFERRED QUALIFICATIONS

License/Certification: Successful completion of one or more actuarial exams.

Knowledge of software for data analysis; specifically, spreadsheets (e.g. MS Excel, VBA), data extraction and manipulation (e.g. SAS, Teradata, R) and data visualization (e.g. Tableau).

EOE/Female/Minority/Disability/Veterans

Our organization supports a drug-free work environment.

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