Large privately held insurance brokerage firm looking to add entry level actuarial talent to work within the health line of business. Ideally looking for college graduates or career changers looking to break into the actuarial space. Would ideally also like to see candidates with at least 1-2 actuarial exams passed. Candidates already residing in Texas will have best chance to be considered. Work will entail:
work on self funded health plans of varying size from 300 employees on the small end to 10,000 employees on the large end.
assist in strategy development and costing of scenarios related to strategy discussions.
Assist in benchmarking discussions with clients, including strategy development.
Price alternative plan designs and define product strategy.
Project savings/costs related to plan design or provider network changes.
Set budget rates for self-insured plans.
Employee contribution rate development.
Perform IBNR reserve development.
Develop and deploy models to evaluate cost-saving scenarios.
Develop general consulting skills, knowledge, and exposure.
Budget and forecasting assistance.
Projection and other financial modeling related to health care reform.
Benefit expense estimates for proposed benefit designs.
Medical reserve estimates and year-end actuarial certifications.