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Job Details

Actuarial Analyst 1 Valuation

Company name
Humana Inc.

Location
Chicago, IL, United States

Employment Type
Full-Time

Industry
Actuarial, Insurance

Posted on
Apr 06, 2022

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Profile

Description

The Actuarial Analyst 1, Valuation is responsible for estimates of short term and long term reserves required for unpaid claim liability, active life reserves, and other actuarial items that ought to be established, appropriate margins, and premium deficiency reserves for monthly, quarterly, and annual financial statement reporting. The Actuarial Analyst 1, Valuation work assignments are often straightforward and of moderate complexity.

Responsibilities

The Actuarial Analyst 1, Valuation partners with Finance for internal & statutory reporting. Complete asset adequacy testing in support of the Actuarial Opinions and Actuarial Memorandums for the Appointed Actuary. Handles actuarial reserves and risk control aspects of state Department of Insurance examinations, external auditors, and internal auditing of reserves and liabilities. Understands own work area professional concepts/standards, regulations, strategies and operating standards. Makes decisions regarding own work approach/priorities, and follows direction. Work is managed and often guided by precedent and/or documented procedures/regulations/professional standards with some interpretation.

Required Qualifications

Bachelor's Degree

Successful completion of at least 1 actuarial exam

Meets requirements for Humana's Actuarial Professional Development Program (APDP)

Strong communication skills

Must be passionate about contributing to an organization focused on continuously improving consumer experiences

Preferred Qualifications

PowerBI experience is a plus

Additional Information

Scheduled Weekly Hours

40

Company info

Humana Inc.
Website : http://www.humana.com

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