Overview

Actuarial Analyst Job at Medical Mutual of Ohio – 3.9 in Cleveland, OH

Estimates current and future liabilities. Proposes premiums that achieve company goals. Works under supportive supervision.

Responsibilities

Estimates future claims.

Estimates current claims (reserving: estimates unpaid claim liabilities).

Analyzes historical experience.

Reviews appropriateness of rating factors by plan, area, network, etc.

Proposes premiums that achieve company goals.

Forecasts the future.

Loads and tests premiums.

Performs ad hoc analyses as needed.

Performs other duties as assigned.

Qualifications

Actuarial Analyst I

Bachelor’s degree in Business Administration or related field.

Has passed Society of Actuaries Course 1. Is on track to pass Course 2 towards attainment of the Associate of the Society of Actuaries (ASA) designation.

Intermediate Microsoft Office skills, including Access.

Actuarial Analyst II

Bachelor’s Degree in Business Administration or related field

1 year experience in health actuarial work.

Has completed 3 courses and is on track to attain the Associate of the Society of Actuaries (ASA) designation.

Intermediate Microsoft Office Skills, including MS Access

1 year of experience in Medicare Advantage or Medicare Supplement if assigned to Medicare area.

Actuarial Analyst III

Bachelor’s Degree in Business Administration or related field.

3 years’ experience in health actuarial work required; 4 years’ preferred.

Has passed 4 courses and is on track to attain the Associate of the Society of Actuaries (ASA) designation.

Intermediate MS Office Skills, including MS Access.

1 year of experience in Medicare Advantage or Medicare Supplement if assigned to Medicare area.

Actuarial Analyst IV

Bachelor’s Degree in Business Administration or related field.

4 years’ experience in health actuarial work required; 5 years’ preferred.

Has passed 5 courses and is on track to attain the Associate of the Society of Actuaries (ASA) designation.

Intermediate MS Office Skills, including MS Access.

2 years’ of experience in Medicare Advantage or Medicare Supplement if assigned to Medicare area.

Medical Mutual is looking to grow our team! We truly value and respect the talents and abilities of all of our employees. That’s why we offer an exceptional package that includes:

A Great Place to Work:
Top Workplace in Northeast Ohio. Year after year we’ve received this recognition!

On-site wellness center at most locations. Enjoy personal trainers, towel service, locker room, weight room, elliptical machines, and a variety of classes!

On-site cafeteria serving hot breakfast and lunch, at most locations. Choices ranging from salad bar, made to order, hot and cold sandwiches, or a variety of entrees cooked fresh daily. Convenience store at most locations

Employee discount program. Discounts at many places in and around town, just for being a Medical Mutual team member

Business Casual attire

Excellent Benefits and Compensation:
Competitive compensation plans

Employee bonus program

401(k) with company match and an additional company contribution

Excellent medical, dental, vision, and disability insurance

An Investment in You:
Career development programs and classes

Mentoring and coaching to help you advance

Education reimbursement up to $5K per year

About Medical Mutual:
We strive to create peace of mind. Our customers can trust us to do things right and to help them get value from their health plan. We’re the largest health insurer in Ohio and for over 85 years, we’ve been serving our members and the Ohio communities where they live and work. Medical Mutual is a Top Place to Work in Northeast Ohio with exceptional career opportunities that offer challenge, growth and a great work/life balance. We want talented, innovative, and driven people to help us continue to be the best health insurance choice of Ohioans and help make Ohio the best it can be! Our headquarter building is located in the heart of downtown Cleveland and we have multiple offices throughout the state. Join us at one near you!

At Medical Mutual and its family of companies we celebrate differences and are mutually invested in our employees and our community. We are proud to be an Equal Employment Opportunity and Affirmative Action Employer. Qualified applicants will receive consideration for employment regardless of race, color, religion, sex, sexual orientation, gender perception or identity, national origin, age, marital status, veteran status, or disability status.

We maintain a drug-free workplace and perform pre-employment substance abuse and nicotine testing.

Primary Location US-OH-Cleveland

Job 7 – General Staff

Organization Actuarial

Schedule Regular

Shift Standard

Employee Status Individual Contributor

Job Type Full-time

Job Level Day Job

Job Posting Oct 13, 2021, 5:28:32 PM

About the Company

Company: Medical Mutual of Ohio – 3.9

Company Location:  Cleveland, OH

Estimated Salary:

About Medical Mutual of Ohio - 3.9