Actuary

Posted on Oct 3, 2024 by AssuredPartners
Torrance, CA
Insurance
Immediate Start
Annual Salary
Full-Time
Overview:

Provide actuarial, underwriting and analytical work for medical, dental, life, and other coverages essential to supporting the account and consulting teams. Manage underwriting team by providing training and supervision.

Keenan, an Accretive company, is an insurance brokerage and consulting firm meeting the insurance needs of hospitals, public entities and California school districts. Keenan specializes in providing consulting services in the areas of: employee benefits, workers' compensation, loss control, financial, and property & liability.

What You'll Do:

Prepare self-funded analysis and cost projections for medical, dental and vision programs.

Price and evaluate various plan designs using Claros and other actuarial pricing models.

Work with Account Executives in evaluating plan design alternatives to assist clients achieve their cost-sharing goals.

Identify cost drivers by comparing client’s utilization data against other clients in the same industry.

Analyze fully insured renewals to ensure carriers’ proposed increases are reasonable and negotiate reductions as appropriate.

Review and provide actuarial certifications on Incurred But Not Reported (IBNR) reserves.

Perform actuarial determination if client’s prescription drug plan is Creditable or qualifies for federal subsidy under the RDS program.

Use dashboard programming to develop interactive reports with tables and graphs that can easily be visualized and understood by clients.

Assist Practice Leader with Stop-Loss and MERP (CompleteCare) programs.

Develop project schedules, manage quality and timeliness of client deliverables.

Develop tools and processes that can increase efficiencies and minimize errors.

Train junior analysts in underwriting and actuarial skills.

Mentor summer interns and junior staff.

Review underwriting and actuarial practices of Benefits Underwriting and Actuarial Department (BUAD) staff.

Maintain compliance with the Society of Actuaries practices and standards, including continuing education requirements.

Perform all other duties as necessary or assigned.

What You'll Need:

Minimum ASA or FSA level.

Bachelor’s degree preferred, or a combination of education and minimum 7 years of experience underwriting with indemnity, PPO, HMO, self-funded, and alternative funding options.

Minimum of three (3) years of direct experience in Group insurance, Administration/ Management, and in servicing clients.

Excellent organization, and oral and written communication skills and proficient in conducting virtual conference calls.

Ability to prioritize and process multiple projects simultaneously.

Strong sense of urgency and research and reporting skills.

Departmental, organization and management skills.

Proficiency in budgets, forecasts, mathematics and advanced accounting.

What's in it For You?:

To help you make the best decision for your personal growth, it’s important to us to share a glimpse of what we offer our top asset, our people:   

Competitive base salary.   

Generous 30+ Days Comprehensive Paid Time Off Package inclusive of Paid Time Off, 10 Company Holidays, 2 Floating Holidays, 5 Sick Days, and 2 Volunteer Days.

Health benefit options with you in mind; 5 affordable medical plan options with rates based on your salary, company paid HSA contribution with eligible HSA plan selection, 2 dental plan options offering orthodontia coverage and 3 cleanings per year, and 2 vision plan options.    

Company match 401(k) plan – 50% up to 6%!   

Support of your fitness wellness goals! We offer up to 75% off at over 11,000 gyms and fitness centers.    

Opportunity to prioritize your mental health with 24/7 access to licensed therapists.   

Pet benefits & discounts.    

Access to our Employee-led Resource Groups (ERGs) that lend a voice to the variety of demographics represented throughout our company.

Compensation:

The target salary range for this position is $(phone number removed) to $(phone number removed) (US Dollar) annually. The actual salary will vary based on applicant’s education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant’s geographic location. Hybrid work environment flexibility. It is preferred this role be located in California.

Grow, with us:

Accretive is a collection of elite specialty and wholesale agencies supported by experienced industry leaders. Our expertise is broad, and our innovative culture runs deep. We value relationships above all else and consistently deliver best in class customized solutions and service you can trust.

Accretive is passionate about fueling our clients’ innovation and growth. That makes us the perfect place for creative, dynamic people who want to grow their career while helping businesses, families and people thrive.  We are proud to be one of the largest brokers in the country, but we’re even prouder of the honest, caring relationships that our employees build with our clients every day.

Working with us will give you the opportunity to do work that matters while you learn with us, advance with us, and most importantly, grow with us. Accretive is committed to embracing diversity, equity and inclusion to create a workplace that welcomes and thrives on the unique experiences, perspectives and contributions of all team members. Accretive is bringing the best people and most diverse talent forward to drive growth, innovate and think bigger! 

Reference: 203215948

https://jobs.careeraddict.com/post/95775768

Actuary

Posted on Oct 3, 2024 by AssuredPartners

Torrance, CA
Insurance
Immediate Start
Annual Salary
Full-Time
Overview:

Provide actuarial, underwriting and analytical work for medical, dental, life, and other coverages essential to supporting the account and consulting teams. Manage underwriting team by providing training and supervision.

Keenan, an Accretive company, is an insurance brokerage and consulting firm meeting the insurance needs of hospitals, public entities and California school districts. Keenan specializes in providing consulting services in the areas of: employee benefits, workers' compensation, loss control, financial, and property & liability.

What You'll Do:

Prepare self-funded analysis and cost projections for medical, dental and vision programs.

Price and evaluate various plan designs using Claros and other actuarial pricing models.

Work with Account Executives in evaluating plan design alternatives to assist clients achieve their cost-sharing goals.

Identify cost drivers by comparing client’s utilization data against other clients in the same industry.

Analyze fully insured renewals to ensure carriers’ proposed increases are reasonable and negotiate reductions as appropriate.

Review and provide actuarial certifications on Incurred But Not Reported (IBNR) reserves.

Perform actuarial determination if client’s prescription drug plan is Creditable or qualifies for federal subsidy under the RDS program.

Use dashboard programming to develop interactive reports with tables and graphs that can easily be visualized and understood by clients.

Assist Practice Leader with Stop-Loss and MERP (CompleteCare) programs.

Develop project schedules, manage quality and timeliness of client deliverables.

Develop tools and processes that can increase efficiencies and minimize errors.

Train junior analysts in underwriting and actuarial skills.

Mentor summer interns and junior staff.

Review underwriting and actuarial practices of Benefits Underwriting and Actuarial Department (BUAD) staff.

Maintain compliance with the Society of Actuaries practices and standards, including continuing education requirements.

Perform all other duties as necessary or assigned.

What You'll Need:

Minimum ASA or FSA level.

Bachelor’s degree preferred, or a combination of education and minimum 7 years of experience underwriting with indemnity, PPO, HMO, self-funded, and alternative funding options.

Minimum of three (3) years of direct experience in Group insurance, Administration/ Management, and in servicing clients.

Excellent organization, and oral and written communication skills and proficient in conducting virtual conference calls.

Ability to prioritize and process multiple projects simultaneously.

Strong sense of urgency and research and reporting skills.

Departmental, organization and management skills.

Proficiency in budgets, forecasts, mathematics and advanced accounting.

What's in it For You?:

To help you make the best decision for your personal growth, it’s important to us to share a glimpse of what we offer our top asset, our people:   

Competitive base salary.   

Generous 30+ Days Comprehensive Paid Time Off Package inclusive of Paid Time Off, 10 Company Holidays, 2 Floating Holidays, 5 Sick Days, and 2 Volunteer Days.

Health benefit options with you in mind; 5 affordable medical plan options with rates based on your salary, company paid HSA contribution with eligible HSA plan selection, 2 dental plan options offering orthodontia coverage and 3 cleanings per year, and 2 vision plan options.    

Company match 401(k) plan – 50% up to 6%!   

Support of your fitness wellness goals! We offer up to 75% off at over 11,000 gyms and fitness centers.    

Opportunity to prioritize your mental health with 24/7 access to licensed therapists.   

Pet benefits & discounts.    

Access to our Employee-led Resource Groups (ERGs) that lend a voice to the variety of demographics represented throughout our company.

Compensation:

The target salary range for this position is $(phone number removed) to $(phone number removed) (US Dollar) annually. The actual salary will vary based on applicant’s education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant’s geographic location. Hybrid work environment flexibility. It is preferred this role be located in California.

Grow, with us:

Accretive is a collection of elite specialty and wholesale agencies supported by experienced industry leaders. Our expertise is broad, and our innovative culture runs deep. We value relationships above all else and consistently deliver best in class customized solutions and service you can trust.

Accretive is passionate about fueling our clients’ innovation and growth. That makes us the perfect place for creative, dynamic people who want to grow their career while helping businesses, families and people thrive.  We are proud to be one of the largest brokers in the country, but we’re even prouder of the honest, caring relationships that our employees build with our clients every day.

Working with us will give you the opportunity to do work that matters while you learn with us, advance with us, and most importantly, grow with us. Accretive is committed to embracing diversity, equity and inclusion to create a workplace that welcomes and thrives on the unique experiences, perspectives and contributions of all team members. Accretive is bringing the best people and most diverse talent forward to drive growth, innovate and think bigger! 

Reference: 203215948

Share this job:
CareerAddict

Alert me to jobs like this:

Amplify your job search:

CV/résumé help

Increase interview chances with our downloads and specialist services.

CV Help

Expert career advice

Increase interview chances with our downloads and specialist services.

Visit Blog

Job compatibility

Increase interview chances with our downloads and specialist services.

Start Test