Market Risk Partner

Highmark Health • Santa Fe, NM • 1d ago

Company :

Highmark Inc.

Job Description :

JOB SUMMARY

This job supports the Underwriting department and applies actuarial techniques and statistical analysis to several functions, including insurance premium and pricing development, claim trend analysis, experience studies, medical economics, profitability analysis, wellness studies, predictive modeling, benefit benchmarking, claim reserving and strategic client support that is both client facing and supportive to Sales leadership, Client Management, Underwriting leadership and market underwriters. This role is a critical component in fulfilling the Trusted Advisor role the Underwriting department provides to our clients and Sales.

ESSENTIAL RESPONSIBILITIES

Initiate and lead the development of strategic client studies, analyses, and presentation materials needed to appropriately inform decision makers.Make appropriate recommendations to senior management across teams both within the underwriting department and across other departments.

Prepare client presentations and analyses (internal and external) that apply actuarial techniques and statistical analysis to several functions, including insurance premium and pricing development, claim trend analysis, experience studies, medical economics, profitability analysis, wellness studies, predictive modeling, benefit benchmarking, claim reserving and strategic client support.

Provide actuarial support to market underwriters in the form of a deeper understanding of the client's trend drivers, changing risk composition, emerging trends, client profitability, rating method, industry changes, etc.

Manage own time and resources across many projects, focusing on quality, time, scope, usefulness, and appropriateness of work.Routinely plan and organize work.Keep manager informed.

Use effective communication to present information and provide decision support to team members and executive management.Appropriately balance the need for clarity and brevity with the need to fully inform customers of all aspects of a situation which may be material to a decision.

Other duties as assigned or requested.

EDUCATION

Required

Bachelor's degree in Actuarial Science, Mathematics or related field, or relevant experience and/or education as determined by the company in lieu of bachelor's degree.

Preferred

None

EXPERIENCE

Required

5 years in Healthcare Underwriting or Actuarial

To Include

1 year of Eternal Client interaction

Preferred

None

LICENSES or CERTIFICATIONS

Required

Associate of the Society of Actuaries (ASA)

Preferred

Fellow of the Society of Actuaries (FSA)

SKILLS

Written and Oral communications

Self motivated, good anticipation of client/management's needs

Languages (Other than English)

None

Travel Required

0% - 25%

PHYSICAL, MENTAL AND WORKING CONDITIONS

Position Type

Office Based

Teaches / trains others regularly

Occasionally

Travel regularly from the office to various work sites or from site-to-site

Occasionally

Works primarily out-of-the office selling products/services (sales employees)

Occasionally

Physical work site required

Yes

Lifting: up to 10 pounds

Constantly

Lifting: 10 to 25 pounds

Rarely

Lifting: 25 to 50 pounds

Never

Disclaimer: The job description has been designed to indicate the general nature and essential duties and responsibilities of work performed by employees within this job title. It may not contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees to do this job.

Compliance Requirement: This position adheres to the ethical and legal standards and behavioral expectations as set forth in the code of business conduct and company policies.

As a component of job responsibilities, employees may have access to covered information, cardholder data, or other confidential customer information that must be protected at all times. In connection with this, all employees must comply with both the Health Insurance Portability Accountability Act of 1996 (HIPAA) as described in the Notice of Privacy Practices and Privacy Policies and Procedures as well as all data security guidelines established within the Company's Handbook of Privacy Policies and Practices and Information Security Policy.

Furthermore, it is every employee's responsibility to comply with the company's Code of Business Conduct. This includes but is not limited to adherence to applicable federal and state laws, rules, and regulations as well as company policies and training requirements.

Pay Range Minimum:

$78,900.00

Pay Range Maximum:

$147,500.00

Base pay is determined by a variety of factors including a candidate's qualifications, experience, and expected contributions, as well as internal peer equity, market, and business considerations. The displayed salary range does not reflect any geographic differential Highmark may apply for certain locations based upon comparative markets.

Highmark Health and its affiliates prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities and prohibit discrimination against all individuals based on any category protected by applicable federal, state, or local law.

We endeavor to make this site accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact the email below.

For accommodation requests, please contact HR Services Online at HRServices@highmarkhealth.org

California Consumer Privacy Act Employees, Contractors, and Applicants Notice

Req ID: J271614

Similar Jobs

Manufacturing Manager 4

Los Alamos National Laboratory • Los Alamos, NM • 2h ago

Management & Administrative

What You Will Do Come join the best and brightest minds in the world, at one of the most innovative and creative multi-disciplinary production institutions, engaged in strategic science on behalf of national security. As...

2h ago

Go to Apply

Principal Data Scientist

Humana • Santa Fe, NM • 3h ago

IT & Engineering

Become a part of our caring community and help us put health first The Enterprise AI organization at Humana is a pioneering force, driving AI innovation across our Insurance and CenterWell business segments. By collabora...

3h ago

Go to Apply

Senior Data Scientist

General Motors • Santa Fe, NM • 3h ago

IT & Engineering

Job Description This role is based remotely but if you live within a 50-mile radius of an office [Atlanta, Austin, Detroit, Warren, or Mountain View], you are expected to report to that location three times a week, at mi...

3h ago

Go to Apply

Data Scientist Manager, Central Product Platform

Meta • Santa Fe, NM • 3h ago

Management & Administrative

Summary: As a Data Science Manager at Meta, you will play a key role in shaping the future of experiences for billions of people and hundreds of millions of businesses worldwide. You will apply your leadership, project m...

3h ago

Go to Apply

Data Scientist Manager, Central Product Platform

Meta • Santa Fe, NM • 4h ago

Management & Administrative

4h ago

Go to Apply

General Laborer - Qayaq Construction

UIC Government Services and the Bowhead Family of Companies • Santa Fe, NM • 4h ago

Trucking & Construction

Overview Qaqaq Construction is seeking a General Laborer to support various physical tasks on construction sites. Responsibilities include site preparation and cleanup, trench digging, scaffolding setup, demolition, and...

4h ago

Go to Apply

Consumer Services Specialist

UMB Bank • Santa Fe, NM • 8h ago

Management & Administrative

The Consumer Services Specialist is responsible for delivering the Unparalleled Customer Experience and build relationships with UMB customers through the handling of inbound service center calls. How you will spend your...

8h ago

Go to Apply

Agency Management Representative

Humana • Santa Fe, NM • 14h ago

Management & Administrative

Become a part of our caring community and help us put health first The Agency Management Representative 3 analyzes transactions posted to the general ledger, 1099 reporting, and cash reporting from the agency management...

14h ago

Go to Apply

Advisor, Network and Payor Relations (MAC Support)

Cardinal Health • Santa Fe, NM • 14h ago

Job Description What Network and Payor Relations contributes to Cardinal Health At Cardinal Health, the marketing organization is the central hub of business driving activity. Marketing takes the lead on all aspects of t...

14h ago

Go to Apply

Senior Construction, Data Center Infrastructure Construction

Oracle • Santa Fe, NM • 17h ago

Trucking & Construction

Job Description We are seeking an experienced Onsite Construction Manager to oversee the onsite construction of data centers performed by colocation providers. This role is critical in ensuring that projects are managed...

17h ago

Go to Apply

Subscribe to get new jobs sent directly to you
(no charge, cancel anytime)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.