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Job Details

Actuarial Intern - Health First Administrative Plan Inc Full-time

Company name
Health First, Inc.

Location
Rockledge, FL, United States

Employment Type
Full-Time

Industry
Actuarial, Internship, Finance

Posted on
Nov 23,2018

Valid Through
Mar 08,2019

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Profile

Actuarial Intern - Health First Administrative Plan Inc, Full-time','039493','!*!To be fully engaged in providing Quality/No Harm, Customer Experience, and Financial Stewardship through statistical data analysis/support and construct probability tables to forecast risk and liability.  Support product rate filings, reserve calculations, group underwriting and experience reporting to make product pricing decisions.  Support the financial management of the health plan through medical cost and revenue projections predominantly through the use of Excel and SQL.  Explain complex technical matters as needed.Represent the System as necessary through community activities and participation in professional organizations.Support and developed financial models for the monitoring and projection of current and future business.Maintain rating models and data base support programs used in the Underwriting departmentDevelop and maintain models for the calculation of appropriate claims and other reserves.Submit weekly report showing progress on current projectsConsistently seek ways to improve operational and financial efficiencies through better use of resources.Contribute to development and maintenance of management reports necessary for the financial management of all products.Support the development of required state and federal premium rate and other filings.Assist in development and pricing of new products and product enhancements, including development of provider payment mechanisms.Assist in the determination of premium rates required and cash reserves necessary to ensure payment of future benefits.Support the design, review, and administration of health insurance plans, determine financial soundness and calculation of premiums.Collaborate with Decision Support, Underwriters, Claims, and Senior Management to develop plans for new lines of business or improve existing business. Ability to work extended hours as projects demand.Able to work in often stressful environments, and maintain composureMust   exhibit   superior    analytical   and   problem   solving   abilities,    to   compile,   categorize, and   verify information.Ability to prioritize and organize to maximize quality, value, and service.','!*!BS or BA degree in Mathematics, Actuarial Science or related major from accredited college or university or currently enrolled as student and majoring in one of aforementioned programs.3.4 GPA in college or university required.Possess strong computer abilities with emphasis on Microsoft Excel, SQL or other programming language desired.Sat for at least one actuarial exam.Knowledge of laws, government regulations, and agency rules for managed care controls.Some level of understanding of insurance and associated terminology.Strong background in arithmetic, algebra, geometry, calculus, statistics, and their applications.Knowledge of economics and accounting principles and practices, and reporting of financial data.Knowledge of document structure and content, including spelling, grammar and rules of composition.   ','Health First Health Plans (Health Insurance)','HF Administrative Plan Inc','United States-Florida - Brevard County-Rockledge','','Full-time','8:00 am - 5:00 pm','8:00 am - 5:00 pm','Associate','Actuarial Intern - Health First Administrative Plan Inc, Full-time

Company info

Health First, Inc.
Website : http://www.health-first.org

Company Profile
Health First also works together with other organizations and physicians in our community. Health First donates to the Brevard Health Alliance that provides healthcare services to thousands of underinsured or uninsured Brevard residents who are otherwise unable to pay for healthcare services. Our associates are also actively building a healthier community through volunteering for organizations dedicated to preventing and treating health concerns such as cancer, diabetes, and heart disease. We’re also proud of our associate's charitable giving plan, EAGLES (Every Associate’s Gift Leaves Everlasting Spirit), that promotes tissue and organ donor awareness, provides dental services for Brevard Health Alliance patients, and supports the Bright Star Center for Grieving Children & Families.The roots of Health First run deep in Brevard, dating back to 1937 when Brevard Hospital first opened in Melbourne with 27 beds. Now known as Holmes Regional Medical Center (HRMC), the hospital is Brevard’s largest, with 514 beds. Cape Canaveral Hospital (CCH) opened in 1962 with 44 beds, and has since grown to 150 beds. Palm Bay Hospital (PBH) opened in 1992 as a satellite of HRMC with 60 beds. Viera Hospital opened in 2011 with 84 all private, in-patient rooms. Health First was formed when CCH, HRMC, and PBH joined together in August 1995 to create a truly integrated not-for-profit healthcare delivery system and fulfill a common mission of improving the health of our community. The first new services added in the Health First family were Health First Medical Group, opening in late 1995, and Health First Health Plans, opening in January 1996. Since then, we’ve also added, Holmes Regional Trauma Center, VitalWatch- Central Florida's only electronic Intensive Care Unit, Viera Hospital, and many other services to our family.