Actuarial Analyst

Posted 19 Hours Ago
Be an Early Applicant
Hiring Remotely in United States
Remote
Junior
Healthtech
The Role
As an Actuarial Analyst, you will analyze data, support financial reporting, conduct experience studies, and develop models for risk evaluation with health partners.
Summary Generated by Built In

Interwell Health is a kidney care management company that partners with physicians on its mission to reimagine healthcare—with the expertise, scale, compassion, and vision to set the standard for the industry and help patients live their best lives. We are on a mission to help people and we know the work we do changes their lives. If there is a better way, we will create it. So, if our mission speaks to you, join us!

Are you passionate about applying actuarial methodologies to solve complex problems?  We are hiring an Actuarial Analyst to join the Interwell Health team to contribute to structured projects, with a focus on supporting our model development team. Your responsibilities will include analyzing data to identify trends in medical care costs and supporting IBNR calculations. You will also be responsible for analyzing data, making informed assumptions, and effectively communicating insights to stakeholders. This is an exam track role, and selected candidates will be eligible for our robust Actuarial Student Program in a flexible, remote work environment where you can grow and develop your actuarial skills. 
What you'll do:

  • Ensures data integrity is maintained throughout the reporting lifecycle.  
  • Implements reporting and reconciliation workflows and document processes.  
  • Responsible for experience studies and medical trend studies.  
  • Responsible for running queries and providing required analysis in order to understand related drivers (such as medical cost and utilization), as well as providing insightful commentary and sensitivity modeling analysis. 
  • Reports production to support financial reporting and operations.  
  • Pulls ad-hoc reporting as needed.  
  • Performs research and collection of data, including data mining and reporting, which is -provided to various internal and external partners.  
  • Refer to senior level staff for assistance with high level problems that arise.  
  • Develops and test interim solutions, manages basic process changes, as needed, evaluates and monitors results making the appropriate changes/improvements as applicable.  
  • Automates manual reporting and analysis of business implication and trends.  
  • Drives efforts to continually improve data capabilities and quality of department analysis and reporting.  
  • Development of revenue and medical claims expense models for evaluating and projecting risk-based contracts with health plan clients, ACOs and government partners.  
  • In depth claims of baseline and ongoing contract monthly data.  
  • Profitability analysis and drill down analysis into actual expected variances.  


What you’ll need:

  • Bachelor's Degree in a relevant field.
  • 2+ years of related analytics or actuarial experience.
  • Completion of 2-3 SOA exams towards achieving ASA designation.
  • Proficiency with database administrative tools such as SQL, Azure, and SAS.
  • Experience with project management tools like Jira.
  • Experience with analytical skills with tools such as Databricks and Excel (including Power Query and Power Pivot).
  • Strong oral and written communication skills.


Our mission is to reinvent healthcare to help patients live their best lives, and we proudly live our mission-driven values: 

- We care deeply about the people we serve. 
- We are better when we work together. 
- Humility is a source of our strength.  
- We bring joy to our work.
- We deliver on our promises. 

We are committed to diversity, equity, and inclusion throughout our recruiting practices. Everyone is welcome and included. We value our differences and learn from each other. Our team members come in all shapes, colors, and sizes. No matter how you identify your lifestyle, creed, or fandom, we value everyone's unique journey.  

Oh, and one more thing … a recent study shows that men apply for a job or promotion when they meet only 60% of the qualifications, but women and other marginalized groups apply only if they meet 100% of them. So, if you think you’d be a great fit, but don’t necessarily meet every single requirement on one of our job openings, please still apply. We’d love to consider your application!   

Come join us and help our patients live their best lives. Learn more at www.interwellhealth.com.

It has come to our attention that some individuals or organizations are reaching out to job seekers and posing as potential employers presenting enticing employment offers. We want to emphasize that these offers are not associated with our company and may be fraudulent in nature. Please note that our organization will not extend a job offer without prior communication with our recruiting team, hiring managers and a formal interview process.

Top Skills

Azure
Databricks
Excel
JIRA
SAS
SQL
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The Company
HQ: Cambridge, MA
483 Employees
On-site Workplace
Year Founded: 2019

What We Do

Interwell Health is a kidney care management company that partners with physicians on their mission to reimagine healthcare – with the expertise, compassion, and vision to set the standard for the industry and help patients live their best lives.

For more information about Interwell Health, please visit interwellhealth.com.

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