Principal Actuary - REMOTE
Prime Therapeutics
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About this role
At Prime Therapeutics (Prime), we are a different kind of PBM, with a purpose beyond profits and a unique ability to connect care for those we serve. Looking for a purpose-driven career? Come build the future of pharmacy with us.
Job Posting Title Principal Actuary
- REMOTE
Job Description The Principal Actuary is responsible for supporting the development of actuarial concepts and providing thought leadership for Prime's existing and potential owners and clients. This position will collaborate with the Senior Principal Actuary to provide strategic consulting support, manage the development of innovative actuarial modeling concepts, and provide pricing support for all lines of business. This position will also lead complex projects that are highly visible to executives and across the organization.
Responsibilities
+ Collaborate as a subject matter expert (SME) with underwriters, other areas of Prime, and senior management on pricing initiatives, data analyses, and the Request For Proposal (RFP) process
+ Lead, manage, and review data analyses, reporting, and projections
+ Lead, manage, and review ad hoc complex pharmacy data mining and analyses to help investigate and answer challenging questions regarding actuarial data and concepts
+ Provide strategic pricing advice on structures and methodology using market research, financial projections, and complex actuarial modeling
+ Present results and analyses to key stakeholders, senior management, and clients; answer detailed and challenging questions regarding actuarial data
+ Lead and mentor Actuarial team members to enhance actuarial knowledge
+ Monitor the Health Policy environment considering the implication of organization pricing policies, law, and political changes that may impact client programs
+ Ensure all work is consistent with federal regulations and actuarial standards, as applicable
+ Other duties as assigned
Minimum Qualifications?
+ Bachelor's degree in Math, Actuarial Science, Economics or Finance
+ 8 years of actuarial work experience to include 6 years in a healthcare organization or PBM
+ Actuarial designation (ASA or FSA)
+ Must be eligible to work in the United States without need for work visa or residency sponsorship
Additional Qualifications
+ Advanced level of proficiency in Excel; intermediate level of proficiency in SAS, SQL, or VBA
+ Excellent quantitative, problem solving, and analytical skills
+ Strong project management and organizational skills
+ Excellent verbal and written communication skills
+ Strong client consulting presence
+ Excellent presentation and facilitation skills
Preferred Qualifications
+ 8 years of actuarial work experience in a healthcare organization or PBM
+ Previous experience pricing Commercial, Medicare or Medicaid lines of businesses
+ 5 years of experience in SAS, SQL, or VBA
+ Previous experience in model building and underwriting or risk adjusted rate setting, or model development
+ Previous experience in identifying, designing, recommending, and implementing efficient, innovative business solutions to clients' complex pharmacy benefit challenges
Minimum Physical Job Requirements
+ Constantly required to sit, use hands to handle or feel, talk and hear
+ Frequently required to reach with hands and arms
+ Occasionally required to stand, walk and stoop, kneel, and crouch
+ Occasionally required to lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds
+ Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus
Reporting Structure
+ Reports to Senior Principal or Senior Director in the Finance department Potential pay for this position ranges from $124,000.00
- $211,000.00 based on experience and skills. To review our Benefits, Incentives and Additional Compensation, visit our Benefits Page (https://www.primetherapeutics.com/benefits) and click on the "Benefits at a glance" button for more detail (https://www.primetherapeutics.com/benefits). _Prime Therapeutics LLC?is proud to be an equal opportunity and affirmative action employer. We encourage diverse candidates to apply, and all qualified applicants will receive consideration for employment without regard to_ _race, color, religion, gender, sex (including pregnancy), national origin, disability, age, veteran status, or any other legally protected class under federal, state, or local law._ _?_ _We welcome people of different backgrounds, experiences, abilities, and perspectives including qualified applicants with arrest and conviction records and any qualified applicants requiring reasonable accommodations in accordance with the law._ _Prime Therapeutics LLC is a Tobacco-Free Workplace employer._ Positions will be posted for a minimum of five consecutive workdays. At Prime Therapeutics (Prime), we are a different kind of PBM. We're reimagining pharmacy solutions to provide the care we would want for our loved ones. That purpose energizes our team and creates limitless opportunities to make a difference. We know that people make all the difference. If you're ready for a purpose-driven career and are passionate about simplifying health care, let's build the future of pharmacy together. Prime Therapeutics LLC?is proud to be an equal opportunity and affirmative action employer. We encourage diverse candidates to apply, and all qualified applicants will receive consideration for employment without regard to?race, color, religion, gender, sex (including pregnancy), national origin, disability, age, veteran status, or any other legally protected class under federal, state, or local law. ?? ? We welcome people of different backgrounds, experiences, abilities, and perspectives including qualified applicants with arrest and conviction records and any qualified applicants requiring reasonable accommodations in accordance with the law. Prime Therapeutics LLC is a Tobacco-Free Workplace employer. If you are an applicant with a disability and need a reasonable accommodation for any part of the employment process, please contact Human Resources at 1.866.469.1257 or email Careers@primetherapeutics.com.
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