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Sr Actuarial Consultant

Location
Bethesda, MD

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in
Bethesda
Maryland
Req ID: 51831BR
POSITION SUMMARY
This is a role for the Small Group (SG) Shared Services team with broad exposure working on projects supporting PEO and SG products such as ACA and our self-funded underwritten product. Responsibilities include; developing and updating ACA studies and tools, and then driving implementation for local market actuaries who will use them in their pricing and rate filing as well as various special projects. There will be opportunities to see different strategies throughout the SG block, work with PEO and AFA actuarial teams, as well as, sales, underwriting and finance partners.
Sample projects will include risk score studies, understanding group conversation impacts and membership and risk between blocks, learning rating tools, evaluating the new business underwriting manual, and deep dives into emerging results.
Fundamental Components:
Aetna Way- Exhibit behavior that reflects Aetna's values and is in accordance with the Aetna Way.
Assumptions & Data Sources- Demonstrate understanding of existing data sources and translate into appropriate assumptions and functional business information. Identify/suggest alternatives/improvements.
Programs, Policies & Processes- Demonstrate understanding of intradepartmental products, programs, processes and policies; identify and research problems and issues.
Regulatory Issues- Demonstrate understanding of regulatory compliance issues.
Risk Assessment- Work with supervisor to understand the nature of specific risks. Share results of analysis with management.
Planning & Forecasting- Provide technical support and analysis for planning, forecasting and reporting process.
Understand and communicate financial impact to supervisor.
Use of Technology- Develop creative technical solutions to a variety of problems. Demonstrate spreadsheeting proficiency and familiarity with database and web-based applications.
Development & Implementation- Develop and implement appropriate tools and models.
Maintenance & Enhancements- Recommend, implement and oversee maintenance development of enhancements to processes, tools and systems. Make suggestions to maximize efficiency.
BACKGROUND/EXPERIENCE desired:
Bachelor's degree along with 2 - 3 years experience
Must have passed 3 - 4 actuarial exams and looking to continue on to achieve ASA designation
Any prior small group experience is desired, but not required
Strong technical skills; Excel, VBA, SQL
Must be motivated & have intellectual curiosity
Prior project experience is helpful
EDUCATION
The highest level of education desired for candidates in this position is a Bachelor's degree or equivalent experience.
ADDITIONAL JOB INFORMATION
Aetna is about more than just doing a job. This is our opportunity to re-shape healthcare for America and across the globe. We are developing solutions to improve the quality and affordability of healthcare. What we do will benefit generations to come.
We care about each other, our customers and our communities. We are inspired to make a difference, and we are committed to integrity and excellence.
Together we will empower people to live healthier lives.
Aetna is an equal opportunity & affirmative action employer. All qualified applicants will receive consideration for employment regardless of personal characteristics or status. We take affirmative action to recruit, select and develop women, people of color, veterans and individuals with disabilities.
We are a company built on excellence. We have a culture that values growth, achievement and diversity and a workplace where your voice can be heard.
Benefit eligibility may vary by position. Click here to review the benefits associated with this position.
Aetna takes our candidate's data privacy seriously. At no time will any Aetna recruiter or employee request any financial or personal information (Social Security Number, Credit card information for direct deposit, etc.) from you via e-mail. Any requests for information will be discussed prior and will be conducted through a secure website provided by the recruiter. Should you be asked for such information, please notify us immediately.
Job Function: Actuarial

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