Principal Actuary
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Job Description
Principal Actuary shaping pricing, modeling, and consulting for Prime Therapeutics, a pharmacy benefit manager. Leading complex pharmacy analytics and mentoring actuarial teams.
Responsibilities:
- Support development of actuarial concepts and provide thought leadership for existing and potential owners and clients
- Collaborate with the Senior Principal Actuary to provide strategic consulting support
- Manage development of innovative actuarial modeling concepts
- Provide pricing support for all lines of business
- Lead complex, highly visible projects for executives and across the organization
- Collaborate with underwriters, Prime teams, and senior management on pricing initiatives, data analyses, and the RFP process
- Lead, manage, and review data analyses, reporting, and projections
- Lead, manage, and review complex pharmacy data mining and analyses
- Provide strategic pricing advice using market research, financial projections, and complex actuarial modeling
- Present results and analyses to stakeholders, senior management, and clients
- Lead and mentor Actuarial team members
- Monitor the Health Policy environment and implications of pricing policies, laws, and political changes
- Ensure work complies with federal regulations and actuarial standards
- Perform other duties as assigned
Requirements:
- Bachelor’s degree in Math, Actuarial Science, Economics or Finance
- 8 years of actuarial work experience, including 6 years in a healthcare organization or PBM
- Actuarial designation (ASA or FSA)
- Must be eligible to work in the United States without the need for work visa or residency sponsorship
- Advanced proficiency in Excel
- Intermediate proficiency in SAS, SQL, or VBA
- Excellent quantitative, problem-solving, and analytical skills
- Strong project management and organizational skills
- Excellent verbal and written communication skills
- Strong client consulting presence
- Excellent presentation and facilitation skills
Benefits:
- Benefits, incentives, and additional compensation are available; details provided on the employer’s Benefits Page
- Equal opportunity and affirmative action employer
- Reasonable accommodations for employees with disabilities
- Tobacco-Free Workplace
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