Actuarial Analyst

Job Summary

Provides actuarial support by:

• Developing and communicating accurate analyses that inform actuarially sound pricing, financial forecasts, IBNR estimates, provider risk arrangement targets, and strategic decision-making for business partners as required by the role.
• Attending meetings to discuss business impact of assumptions, participate in informing decision-making process by evaluating multiple scenarios and providing impact assessments. Helping to establish targets for pricing, budgeting, risk arrangements or other third-party contracts.
• Assist in advising other departments (Underwriting, Data & Analytics, Provider, Pharmacy, Product and Finance, etc.) on the pricing and profitability of products, contracts and/or risk arrangements.

Essential Functions

• Completes work and updates models with the support of a more senior actuary.
• Open to feedback and asks questions. Shadows higher level Actuaries regularly.
• Learning core analytic concepts and multiple business/functional areas.
• Able to use Microsoft Office (e.g., Excel), Business Intelligence tools (e.g., Copilot) and other relevant tools to summarize results. Provides descriptive analytics.
• Focuses on professionalism and learning and is curious on work tasks assigned. Reaches out to teammates for support and clearly communicates when support is needed.

Qualifications

Required

• Bachelor's Degree Actuarial Science or related discipline such as business, economics, statistics, or math
• Proficiency in spreadsheet software (preferably Excel) and database software (such as Access) or programming languages (SQL and/or SAS)
• Successful completion of 1 or more SOA Actuarial Exams (not including VEE)

About Corewell Health

As a team member at Corewell Health, you will play an essential role in delivering personalized health care to our patients, members and our communities. We are committed to cultivating and investing in YOU. Our top-notch teams are comprised of collaborators, leaders and innovators that continue to build on one shared mission statement - to improve health, instill humanity and inspire hope. Join a nationally recognized health system with an ambitious vision of continued advancement and excellence.

How Corewell Health cares for you

• Comprehensive benefits package to meet your financial, health, and work/life balance goals. Learn more here.
• On-demand pay program powered by Payactiv
• Discounts directory with deals on the things that matter to you, like restaurants, phone plans, spas, and more!
• Optional identity theft protection, home and auto insurance
• Traditional and Roth retirement options with service contribution and match savings
• Eligibility for benefits is determined by employment type and status

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Corewell Health is committed to providing a safe environment for our team members, patients, visitors, and community. We require a drug-free workplace and require team members to comply with the MMR, Varicella, Tdap, and Influenza vaccine requirement if in an on-site or hybrid workplace category. We are committed to supporting prospective team members who require reasonable accommodations to participate in the job application process, to perform the essential functions of a job, or to enjoy equal benefits and privileges of employment due to a disability, pregnancy, or sincerely held religious belief.

Corewell Health grants equal employment opportunity to all qualified persons without regard to race, color, national origin, sex, disability, age, religion, genetic information, marital status, height, weight, gender, pregnancy, sexual orientation, gender identity or expression, veteran status, or any other legally protected category.

An interconnected, collaborative culture where all are encouraged to bring their whole selves to work, is vital to the health of our organization. As a health system, we advocate for equity as we care for our patients, our communities, and each other. From workshops that develop cultural intelligence, to our inclusion resource groups for people to find community and empowerment at work, we are dedicated to ongoing resources that advance our values of diversity, equity, and inclusion in all that we do. We invite those that share in our commitment to join our team.

You may request assistance in completing the application process by calling 616.486.7447.

About Us

People are at the heart of everything we do, and the inspiration for our legacy of outstanding outcomes, innovation, strong community partnerships, philanthropy and transparency. Corewell Health is a not-for-profit health system that provides health care and coverage with an exceptional team of 60,000+ dedicated people—including more than 11,500 physicians and advanced practice providers and more than 15,000 nurses providing care and services in 22 hospitals, 300+ outpatient locations and several post-acute facilities—and Priority Health, a provider-sponsored health plan serving more than 1.2 million members. Through experience and collaboration, we are reimagining a better, more equitable model of health and wellness.