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Job Details

Actuary Risk and Compliance SPA Compliance

Company name
Humana Inc.

Location
Louisville, KY, United States

Employment Type
Full-Time

Industry
Actuarial

Posted on
Dec 04, 2020

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Profile

Description

The Actuary, Risk and Compliance is responsible for the overall management and oversight of actuaries and/or support staff where activities are concerned with identifying and managing risks. Identifies and analyzes potential risks and estimates the potential financial consequences, develops and recommends controls and cost-effective approaches to minimize risks. The Actuary, Risk and Compliance works on problems of diverse scope and complexity ranging from moderate to substantial.

Responsibilities

The Actuary, Risk and Compliance assesses and communicates information regarding actuarial/business risks across the organization. Provides peer review and counsel on a wide variety of company, industry, and regulatory practices. Activities may include monitoring developments in actuarial techniques, and researching laws and regulations applicable to actuarial science and insurance operations. Advises executives to develop functional strategies (often segment specific) on matters of significance. Exercises independent judgment and decision making on complex issues regarding job duties and related tasks, and works under minimal supervision. Uses independent judgment requiring analysis of variable factors and determining the best course of action.

In this specific role, you will be part of a team tasked with assessment of risk, opportunities, and mitigation strategies to assure the compliant submission of bids to support Humana's pricing and product development of Medicare Advantage and Prescription Drug Plans that positively impact the financial performance of Humana.

Supporting Humana's MA-PD bid filings by ensuring appropriate interpretation and implementation of CMS guidance, and implementation and execution of review standards and controls to minimize compliance risk associated with the bid filing.

Participate in CMS audits and reviews related to Humana's Medicare bids.

Create and maintain process improvements to bid filings to continually improve Humana's ability to file compliant bids.

Required Qualifications

Bachelor's degree and 8 years of technical experience, or equivalent

2 years of project leadership experience

Associate or Fellow of the Society of Actuaries

Member, American Academy of Actuaries

Strong oral and written communication skills

Preferred Qualifications

Medicare Advantage experience

Ability to manage large projects involving multiple actuarial and non-actuarial staff

Additional Information

This position can be located remotely, work from home, for the right candidate or can be located within one of our Humana Offices

Scheduled Weekly Hours

40

Company info

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

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