Senior Actuarial Associate

Curative is reimagining health insurance - with $0 out of pocket costs and by reducing barriers to people seeking care. Help us create a better healthcare experience for our members by making it easy & intuitive for them to access the care they need. We believe in a clear, simple health plan that allows our members to get zero-cost in-network care anytime they need it. We want to put healthcare back in the hands of the patient and clinicians, with a focus on preventative care.

We are seeking a Senior Actuarial Associate to support Curative’s pricing and underwriting processes. This role will interact directly with other actuaries, data scientists, sales team members, and insurance professionals and will be a key contributor as Curative expands and grows.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Calculate new business and renewal rates for complex group cases based on the analysis of a group’s experience, industry, location, and demographics.

• Establish a new business tracker and conduct competitive analysis on rates and plan design.

• Collaborate with data scientists to enhance reporting and monitor health plan performance to inform future pricing assumptions.

• Present changes to pricing assumptions to internal stakeholders; update underwriting guidelines and models with said changes.

• Update monthly IBNP analysis and coordinate with the finance team to support month end reporting.

• Support budget and forecast process.

• Build and maintain cutting edge models and methodologies to support core actuarial functions: pricing, IBNP, forecasting, health plan initiatives, and provider negotiations.

• Develop and manage actuarial peer review process to ensure accuracy and appropriateness of all modeling.

• Maintain strong relationships and lines of communication with internal and external stakeholders.

• Work adhering to US regulatory and Quality System requirements (21 CFR 820, etc).

• This position assumes and performs other duties as assigned.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions:

• Advanced analytical skills and creative problem-solving abilities with attention to detail.

• Sound knowledge of actuarial techniques and standards.

• Able to translate and effectively communicate financial models and the results of actuarial analyses.

• Capable of working on multiple projects under tight deadlines.

• Excellent organizational and time management skills.

• Commercial awareness with an understanding of broader business issues

EDUCATION and/or EXPERIENCE

• 3 or more years of healthcare actuarial experience, with preferred experience with large group commercial health products, including fully insured, level funded, and self-insured products.

• Bachelor’s degree in mathematics, statistics, economics, actuarial science, business, computer science or related degree

• 2 or more actuarial exams, ASA designation preferred.

• Experience with excel-based pricing model maintenance including VBA capabilities, SQL query development and data management, and predictive analytics.

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• While performing the duties of this Job, the employee is regularly required to sit; use hands to handle or feel; talk; and hear.

• The employee is frequently required to reach with hands and arms.

• The employee is occasionally required to stand; walk and stoop, kneel, crouch, or crawl.

• Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus.

• The noise level in the work environment is usually: □ Mild

• This position is in Austin/Dallas