ChenMed is a family-owned and physician-led company transforming healthcare for seniors. The Actuarial Services Analyst will manage and track risk positions while providing analytical support to enhance business decision-making and achieve strategic goals.
Responsibilities
- Applies knowledge of mathematics, probability, statistics, and principles of business to enhance the IBNR (Incurred But Not Reported) models and improve the monthly close process
- Works with a team of financial analysts to assist with the actuarial components of the annual financial plan. Assists in the determination of revenue, reserves and/or cash flow projections
- Identifies data patterns and trends, and provides insights to enhance business decision making capability in business planning, process improvement, solution assessment, etc
- Analyzes and validates payer claims data. Assists markets to identify factors driving claims cost and estimates historical and prospective trends
- Performs actuarial analysis of CMS public information. Calculates statistical and probability forecasts and models from data
- Runs CMS risk adjustment model to calculate member level risk scores
- Provides actuarial support to markets; creates and distributes reports; responds to inquiries
- Assists in actuarial research, experience studies, and statistical analyses and calculations
- Reviews accuracy of data and calculations. Reports and interprets results of data analysis. Analyzes risk evaluation data, using appropriate models and statistical methods; creates relevant charts and graphs
- Performs other duties as assigned and modified at manager’s discretion
Skills
- Bachelor's degree; Completion of 2+ actuarial exams; on track to ASA/FSA designation. Experience may substitute for education on a year-for-year basis above the minimum required
- Software skills in Visual Basic, SQL and SAS
- Good analytical and communication skills
- Proficient in Microsoft Office Suite products including Word, Excel, PowerPoint, Outlook, and database software
- Ability and willingness to travel locally, regionally, and nationwide up to 10 % of the time
- Spoken and written fluency in English
- This job requires use and exercise of independent judgment
- Bachelor's degree in actuarial science, mathematics, economics, statistics, data science or finance preferred
- Data science experience preferred
- No prior experience required
Benefits
- Great compensation
- Comprehensive benefits
- Career development and advancement opportunities
- Great work-life balance
Company Overview
ChenMed is a full-risk primary care market leader that is transforming healthcare for seniors. It was founded in 1985, and is headquartered in Miami, Florida, USA, with a workforce of 1001-5000 employees. Its website is http://www.chenmed.com/.Company H1B Sponsorship
ChenMed has a track record of offering H1B sponsorships, with 7 in 2025, 4 in 2024, 13 in 2023, 26 in 2022, 31 in 2021, 23 in 2020. Please note that this does not guarantee sponsorship for this specific role.
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