Associate Actuary

Become a part of our caring community and help us put health first
 The Associate Actuary, Analytics/Forecasting applies statistical/actuarial methods to advise senior leadership and other business stakeholders on matters of Medicare payments. Work involves developing deep subject matter around Medicare Advantage payments, with a focus on risk adjustment. The role examines public policy, including quantifying the impact of potential regulatory changes to support strategy around advocacy, bid development and financial planning. Applies statistical methods for modeling and comparison studies

The Associate Actuary, Analytics/Forecasting analyzes emerging trends on Medicare payment policy to quantify financial impacts, identify methodological concerns in external research. Supports strategic response to policy proposals through effective reporting to senior leadership, drafting comments and methodology critiques.

Analysis of MA Risk adjustment, including analyzing/forecasting trends in risk adjustment within MA industry and Traditional Medicare. Developing deep subject matter expertise in risk adjustment, leveraging Medicare data to support operations and strategic planning.
Statistical modeling is used to complete population-comparison studies, analyze trends, and estimate the effect of various interventions in health care delivery.

The role leverages SAS for statistical modeling and data manipulation. Creation of, and periodic update to, data sets. Managing reference documents related to risk adjustment

Begins to influence department’s strategy. Makes decisions on moderately complex to complex issues regarding technical approach for project components, and work is performed without direction. Exercises considerable latitude in determining objectives and approaches to assignments.

Opportunities to develop leadership/management skills through managing an intern.

Use your skills to make an impact
 

Required Qualifications

• Bachelor's Degree in quantitative domain (e.g. mathematics, computer sciences, economics) or equivalent professional designation in mathematical/statistical domain (e.g. Associate of Society of Actuaries)

• Proficiency in at least one programming language (e.g. SAS, R, Python, SQL, VB, C++)

• Proficiency in MS Excel

• Minimum 4 years' experience with modeling, forecasting or other applied statistical methods

• Strong communication/presentation skills

Preferred Qualifications

    - Medicare Advantage risk adjustment experience
    - Medicare bid pricing, consulting, or other Medicare-specific experience, including part D
    - Proficiency in SAS statistical software

    - Experience with MS PowerPoint
    - Experience with MS Power BI
    - Experience with data visualization
    - Business writing experience (e.g. drafting memoranda, whitepapers)
- Experience with formal research and published studies

Additional Information

Scheduled Weekly Hours

40

Pay Range

The compensation range below reflects a good faith estimate of starting base pay for full time (40 hours per week) employment at the time of posting. The pay range may be higher or lower based on geographic location and individual pay will vary based on demonstrated job related skills, knowledge, experience, education, certifications, etc.

$106,900 - $147,000 per year

This job is eligible for a bonus incentive plan. This incentive opportunity is based upon company and/or individual performance.

Description of Benefits

Humana, Inc. and its affiliated subsidiaries (collectively, “Humana”) offers competitive benefits that support whole-person well-being. Associate benefits are designed to encourage personal wellness and smart healthcare decisions for you and your family while also knowing your life extends outside of work. Among our benefits, Humana provides medical, dental and vision benefits, 401(k) retirement savings plan, time off (including paid time off, company and personal holidays, volunteer time off, paid parental and caregiver leave), short-term and long-term disability, life insurance and many other opportunities.Application Deadline: 04-29-2025
About us
 Humana Inc. (NYSE: HUM) is committed to putting health first – for our teammates, our customers and our company. Through our Humana insurance services and CenterWell healthcare services, we make it easier for the millions of people we serve to achieve their best health – delivering the care and service they need, when they need it. These efforts are leading to a better quality of life for people with Medicare, Medicaid, families, individuals, military service personnel, and communities at large.

Equal Opportunity Employer

It is the policy of Humana not to discriminate against any employee or applicant for employment because of race, color, religion, sex, sexual orientation, gender identity, national origin, age, marital status, genetic information, disability or veteran status. It is also the policy of Humana to take affirmative action to employ and to advance in employment, all persons regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, age, marital status, genetic information, disability or protected veteran status, and to base all employment decisions only on valid job requirements. This policy shall apply to all employment actions, including but not limited to recruitment, hiring, upgrading, promotion, transfer, demotion, layoff, recall, termination, rates of pay or other forms of compensation and selection for training, including apprenticeship, at all levels of employment.