Archway Health’s mission is to fix healthcare through payment reform. Archway is a national leader in developing and implementing value-based care programs in partnership with providers, employers and payers across the country. We do this through a mix of great people who are passionate about improving healthcare, sophisticated data analytics tools that drive our unique insights, and easy to use software designed to help patients get better as quickly and safely as possible.
Archway Health is currently seeking to augment its data science team. We are looking for 2 Health Actuaries (junior and mid-level) to join our growing firm. You will have the opportunity to work on new innovative actuarial and healthcare reform projects. As an Analyst, you will perform health analytics in support of actuarial, underwriting, and decision making as well as develop new pricing models and benchmarks for use in modeling and pricing specialized risk arrangements. These positions require an understanding of self-funded and fully insured products, underwriting, claims forecasting, risk analysis, specific and aggregate stop-loss pricing, aggregating specific deductibles, lasering, and captives.
This role will:
Research new pricing techniques and actively seek out novel methodologies and algorithms;
Analyze external and internal data sources to develop proprietary pricing factors and models;
Develop an understanding of data sources and availability, uses and limitations to build data sets for use in experience studies;
Develop diagnostic tools to be used by underwriters in pricing individual risks and managing a portfolio of business;
Run risk sharing simulation and model validations;
Support corporate initiatives/projects that require analysis of medical claims data;
Build and run SAS programs and queries to extract data from the database and review to ensure accuracy and validity of data;
Maintain existing and build new predictive models and analytic solutions using tools such as GLM, logistic regression and decision trees.
Desired Qualifications and Experience:
Bachelor’s Degree in Actuarial Science required. • Advanced degree preferred
Successful completion of at least 2 or more Actuarial exams preferred
Subject Matter Expertise
Underwriting Provider Excess/Employer Stop loss
Self-funded and Fully Insured Products
AI/Machine learning Models
Big data /Claims Data Analysis
Tools & Technologies
Advanced experience with Microsoft® Excel
Advanced experience with SAS
Working experience with SQL
Working knowledge with BI tools e.g. Tableau
Insurance/Actuarial Consulting Companies
Archway Health offers an open, collaborative work environment in Boston. We have regular team events, training programs and generous benefits that include medical, dental, vision coverage, a 401(k) with match and a generous vacation policy.
Archway Health is a diverse organization and an Equal Opportunity Employer.
Position requires the ability to travel up to 25% of the time as well as work under normal office conditions where the individual will walk, stand, stoop, sit, manipulate / adjust items, and keyboard on a regular basis. Must be able to analyze / synthesize data and communicate issues, findings, processes, solutions and ideas in a clear, concise, technically-proficient and consultative manner.