Health Actuary / Healthcare Consultant
Full Time
Syracuse, NY 13204
Posted
Job description
Overview:
Compensation: Commensurate with experience plus potential for annual merit increase. In addition to your competitive salary, you will be rewarded benefits including: 11 paid holidays, paid vacation, Medical, Vision & Dental insurance, 401K with generous match, Pension, Tuition Reimbursement, Banking discounts and the list goes on!
Physical Requirements:
BPAS is a national provider of retirement plans, benefit plans, fund administration, and collective investment trusts. We support 4,200 retirement plans, $110 billion in trust assets, $1.3 trillion in fund administration, and more than 510,000 participants. With our breadth of services, depth of creative talent, and financial resources, we are well-positioned to help our clients solve all their benefit plan challenges without the need to engage multiple providers. One company. One call.
Responsibilities:
The candidate will work with senior actuaries and consultants within our Healthcare Consulting Services practice on the health and benefit programs of mid-size clients.
Essential Skills:
- Perform actuarial valuations, including development of retiree-specific claims costs, following applicable accounting standards and actuarial standards of practice, including ASC 715-60, GASB 75, and Statutory accounting
- Analyze financial implications associated with active and retiree health benefits programs, including actuarial cost projections for alternative plan designs, contribution strategies, and plan administration
- Develop active and retiree-specific premium equivalent rates for budgeting and COBRA administration
- Develop claims reserves for self-insured plans
- Utilize valuation software and programming as well as Microsoft Office suite
- Utilize standardized spreadsheet tools and develop customized models for special projects
- Interface with clients and communicate resulting analysis both verbally and via written reports
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- Minimum of a Bachelor’s degree from an accredited college or university with a major in Mathematics, Statistics, Actuarial Science, Economics or other related field
- Significant progress towards completion of Society of Actuaries designation; ASA/FSA preferred
- Minimum 5 years experience with retiree health valuation experience preferred
- Knowledge of Health & Welfare plan design, pricing strategies, and competitive market practices
- Strong analytical, technical, and problem solving skills
- Excellent communication skills and client service mentality
- Attention to detail, organization, and ability to prioritize in a rapidly changing environment
- Ability to manage multiple projects simultaneously and produce high-quality deliverables in a timely manner
- Conscientious, self-motivated, and able to work independently as well as collaboratively with a team
- Project management experience and aptitude to train, mentor, and review work of entry level actuarial analysts
Our firm encourages and rewards innovation, creativity and ambition. We believe in open communication across all staff levels and a focus on work/life balance.
To learn more about BPAS please visit our website at www.bpas.com.
Compensation: Commensurate with experience plus potential for annual merit increase. In addition to your competitive salary, you will be rewarded benefits including: 11 paid holidays, paid vacation, Medical, Vision & Dental insurance, 401K with generous match, Pension, Tuition Reimbursement, Banking discounts and the list goes on!
Physical Requirements:
The physical demands described here are representative of those that must be met by an employee to successfully perform 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 may be required to stand, walk or sit. Use hands and fingers, handle or feel, reach with hands or arms, and speak and hear. The employee may occasionally be required to lift and or move up to 25 pounds. Specific vision abilities required by this job include close vision, and the ability to focus.
An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.
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