Career Opportunities: Actuarial Analyst I (24276) Requisition ID 24276 - Posted 05/28/2024 - CareOregon - Full Time - Permanent - Portland - Multi Location (17) Job Description Print Preview Candidates hired for remote positions must reside in Oregon, Washington, Utah, Idaho, Arizona, Nevada, Texas, Montana, or Wisconsin. Position Title: Actuarial Analyst I Department: Finance Title of Manager: Actuarial Services Manager Supervises: Non-supervisory position Exemption Status: Exempt Requsition #: 24276 Pay and Benefits: Pay and Benefits: Estimated hiring range $63,200 - $76,470 / year, 5% bonus target, full benefits. www.careoregon.org/about-us/careers/benefits. Posting Notes: This is a fully remote position, but you must reside in one of the listed 9 states. General Statement of Duties This position is responsible for participating in a variety of financial and actuarial analyses in support of strategic decision making and the company's financial sustainability efforts. Areas of analysis may include cost and utilization trend analysis, return on investment evaluations, Medicare bid development, forecasting support, benchmarking, provider payment evaluation and review of actuarial estimates, such as IBNR. Essential Position Functions Financial and Actuarial Analyses Drill down into cost and utilization trends to identify key drivers. Use statistical analysis packages to measure the effectiveness of programs and payment models. Utilize cost savings calculators for use in goal setting, budgeting and forecasting Identify any actuarial unsound adjustments to the rates. Provide medical cost and utilization trend recommendations for forecasting purposes. Evaluate provider payment models, including risk share arrangements, to ensure they achieve the desired outcome. Prepare regular risk share reporting for sharing with providers and supporting accounting estimates. Calculate actuarial estimates of IBNR. Financial Analytical Capacity and Capability Suggest methodologies for new projects. Create documentation for new models and projects. Identify actionable recommendations in analyses. Essential Department and Organizational Functions Propose and implement process improvements. Meet deadlines for completion of workload. Maintain agreed upon work schedule. Demonstrate cooperation and teamwork. Provide cross-training on specific job responsibilities. Meet identified business goals that contribute to departmental goals. Perform other duties as needed. Knowledge, Skills and Abilities Required Technical: Working knowledge of data management techniques Exposure to SAS, SQL, R or similar database querying tools Proficiency in MS Excel Working knowledge of other MS tools, including MS Office products Understanding of data systems and sources and how it impacts the data available Communication: Effective communication skills, including listening, verbal, and written Other: Quality and Accuracy - Attention to detail and accuracy; ability to produce high quality output, ability to effectively review others' work Problem Solving and Critical Thinking - Ability to identify problem, inconsistencies, unexpected results, relevant information and uncertainties; ability to interpret and analyze information and implement conclusions/solutions Organization and Time Management - Ability to complete tasks on time Teamwork - Ability to effectively collaborate with coworkers Feedback - Ability to learn from feedback and embrace change; willingness to acquire new skills Professionalism - Possess a high degree of initiative, motivation, and professionalism Positive Atti