Actuary – Waukesha

Humana Inc., headquartered in Louisville, Kentucky, is one of the nation's largest publicly traded health benefits companies. Humana offers a diversified portfolio of health insurance products and related services - through traditional and consumer-choice plans - to employer groups, government-sponsored plans, and individuals.

Today, Humana is a leader in consumer engagement. Throughout its diversified customer portfolio, the company provides guidance that can both help lower costs and lead to a better health plan experience.




Role: Actuary
Assignment: HumanaOne
Location: Waukesha, WI

Are you a fit?
Are you an analytical thinker and a self-starter? Would you enjoy using you mathematical knowledge to quantify risk and uncertainty?

Assignment Capsule
As an actuary you will: quantify risk and uncertainty, determining price levels and product portfolios consistent with business-wide objectives, performing proper valuations of liabilities, and ensuring actuarial compliance as required by federal law and standards of practice.

• Create, evaluate, test and support statistical, actuarial and data model designs for root cause analyses that can be used to increase business intelligence and domain expertise
  
• Conduct root cause analyses, using your results to create recommendations for trend mitigation
  
• Develop a library of metrics, methods, reports, results and recommendations
  
• Act as a key resource and liaison to other functional areas of Humana's business, building productive cross-functional relationships

• Acts Strategically: You foster a consistent understanding of strategy, translate it into defined plans, and "stay the course" to implement it, while anticipating and identifying where change is needed.
  
• Leadership: You inspire extraordinary results by: engaging associates, valuing diversity and shaping culture to support a high performance environment.
  
• Communication: You actively listen to others to understand their perspective and ensure continuous understanding regardless of communication channel or audience.
  
• Innovate: You introduce new ideas and processes which improve performance and productivity.

• Bachelor's Degree in Applied Mathematics, Statistics, or a related field
  
• Credit for Society of Actuary exams in the area of Actuarial Modeling
  
• Experience in the health solution industry, with demonstrated experience in the areas of pricing, product development, pharmacy management and benefits design, risk adjustment, disease/condition management, outcomes analysis, financial recoveries, and fraud and abuse
  
• Proficiency in SAS-based programming
  
• Working knowledge of relational databases, including Oracle, Access and My SQL, and SQL/PL programming skills

• Master's Degree in Applied Mathematics, Statistics, or a related field
  
• Experience with SPSS, Matlab, C/C++, Java and Visual Basic

• You will report to an Actuarial Process Manager. This area is under the leadership of the SVP & Chief Financial Officer.