Actuarial Analyst II

Overview

Premera total rewards

Workforce Classification Hybrid

Join Our Team:
Do Meaningful Work and Improve People's Lives

Our purpose, to improve customers' lives by making healthcare work better, is far from ordinary. And so are our employees. Working at Premera means you have the opportunity to drive real change by transforming healthcare. Premera is committed to being a workplace where people feel empowered to grow, innovate, and lead with purpose. By investing in our employees and fostering a culture of collaboration and continuous development, we re able to better serve our customers.

It s this commitment that has earned us recognition as one of the best companies to work for. Learn more about our recent awards and recognitions as a greatest workplace. Learn how Premera supports our members, customers and the communities that we serve through our Healthsource blog:

This is a hybrid role, located on our campus in Mountlake Terrace, Washington.

• Independently provide data and perform actuarial calculations related to product development, benefits, provider reimbursement, stop loss, health management, disease management, pharmacy programs, premium rates, reserves, and administrative costs.
• Monitor data from internal departments, review it for content and accuracy, and identify associated problems.
• Produce various analytical reports that monitor utilization and cost trends, revenue, claims liability, membership, administrative costs, and provider reimbursement and performance as requested by internal and external customers.
• Develop and maintain computer programs to support analyses, processes, and reports, considering reproducibility and potential improvements.
• Consult with internal and external customers to assess scope and complexity of projects; complete projects accurately and efficiently within timelines; regularly report status and outcomes.
• Prepare written documentation on all projects to provide a peer review trail and ensure continuity and integrity of responsibilities, including project work plans and outputs.
• Present findings to multiple levels of internal and client leadership as needed.
• May assist in the training of entry level analysts.

• Bachelor s Degree in Mathematics, Actuarial Science, Statistics, Computer Science, or related field, or 4 years of work experience.
• 2 years of actuarial analysis experience.
• Intermediate knowledge of SQL or other data querying tools.
• Knowledge of Python or another computer language.

• Knowledge of health insurance concepts and terms.
• Experience in health insurance and/or an actuarial department.
• Proficient in Tableau and visual storytelling.
• Experienced in automation of codes and procedures.
• Participation in an actuarial student program.

• Strong project management, time management, and multi-tasking abilities.
• Proficiency in a programming language and ability to learn from others; proficient with Microsoft Office products.
• Strong analytic, problem solving, and troubleshooting skills.
• Effective oral and written communication; ability to explain trends to non-technical stakeholders.
• Strong attention to detail and organizational skills; able to conduct self and peer-reviews to ensure accuracy.
• Ability to take direction well and adapt to a fast-paced environment.

The following are essential physical requirements and must be performed with or without accommodation:

• This is primarily a sedentary role; ability to exert up to 10 lbs of force occasionally and/or a negligible amount of force frequently or constantly to move objects, including the human body.
• Ability to keyboard and communicate clearly in person and over the telephone.

Our comprehensive total rewards package provides support, resources, and opportunities to help employees thrive and grow. Benefits include:

• Medical, vision, and dental coverage with low employee premiums.
• Voluntary benefits, including pet insurance.
• Life and disability insurance.
• Retirement programs, including a 401K match and a pension plan vested after 3 years.
• Wellness incentives and mental well-being resources for employees and dependents.
• Generous paid time off.
• Tuition assistance for undergraduate and graduate degrees.
• Employee recognition program.

For hybrid employees, on-campus resources, networking opportunities, and team engagement are available. Benefits also include commuter perks, on-site parking, on-site cafes, health and wellness events, and fitness/nutrition programs.

Premera is an equal opportunity/affirmative action employer. We do not discriminate on race, color, religion, sex, national origin, age, disability, marital status, veteran status, gender identity, sexual orientation, genetic information, or any other protected characteristic. If you need an accommodation to apply, please contact Premera Human Resources at  or .

The pay for this role varies based on location, market conditions, and skills/experience.…