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Actuarial Director, Medicaid Trend Analytics

Humana
Remote US, United States, United StatesRemotefull_timeVerifiedPosted 2 Jan 2025
💰 $260,500/yr($189,400/yr$260,500/yr)

About the role

Become a part of our caring community and help us put health first
 

The Actuarial Director, Analytics/Forecasting analyzes and forecasts financial, economic, and other data to provide accurate and timely information for strategic and operational decisions. Establishes metrics, provides data analyses, and works directly to support business intelligence. Evaluates industry, economic, financial, and market trends to forecast the organization's short, medium and long-term financial and competitive position. The Director, Actuarial Analytics/Forecasting requires an in-depth understanding of how organization capabilities interrelate across the function or segment.

The Actuarial Director, Analytics/Forecasting ensures data integrity by developing and executing necessary processes and controls around the flow of data. Collaborates with stakeholders to understand business needs/issues, troubleshoots problems, conducts root cause analysis, and develops cost effective resolutions for data anomalies. Decisions are typically related to the implementation of new/updated programs or large-scale projects for the function and supporting technical/operational procedures and processes, and implements strategic plans, drives goals and objectives, and improves performance. Provides input into functions strategy.

  • Oversees Medicaid Trend Analytics team responsible for detecting unfavorable claims trends
  • Leads monthly meetings to review trends with Medicaid markets and guides market leadership on emerging opportunities
  • Partners with clinical teams to find root causes of emerging issues
  • Provides significant analytic support to market leaders (e.g. data for state meetings)
  • Supports pricing actuarial team on rate advocacy conversations related to inadequate trends
  • Anticipates analytic needs of the organization to proactively explain emerging trends and opportunities
  • Anticipates data infrastructure needs and works across the enterprise to proactively implement and budget for necessary enhancements
  • Stays up-to-speed on emerging technologies, how those impact our processes, and how we can create efficiencies in our tools
  • Oversees team peer review, documentation, and statement of actuarial opinion policies and guidelines
  • Facilitates better coordination between data sources across the Medicaid segment


    Use your skills to make an impact
     

    Required Qualifications

    • Bachelor's Degree
    • ASA or FSA
    • MAAA
    • Demonstrated leadership capability, has led sizable staff before
    • Experience in leading other human capital leaders
    • Strong Communication Skills
    • Experience in more than three functions (e.g., modeling, pricing, rate filing, reporting & analysis, reserving or trending) and more than one product.
    • Must be passionate about contributing to an organization focused on continuously improving consumer experiences

    Preferred Qualifications

    • 8 or more years of technical experience
    • 5 or more years of management experience
    • Visionary - embraces the big picture and translates into strategy; anticipates longer term business needs and prepares team to take on challenges
    • Effective Influencer
    • Talent mindset - integrates organization effectiveness, winning culture and human capital
    • Emotional intelligence
    • Presence - comfortable with senior leaders and other functional areas
    • Persuasive - effectively communicates trade-offs of business decisions and can sway an audience towards a course of action inclusive of external audiences and sharing business rationale

    Scheduled Weekly Hours

    40

    Pay Range

    The compensation range below reflects a good faith estimate of starting base pay for full time (40 hours per week) employment at the time of posting. The pay range may be higher or lower based on geographic location and individual pay will vary based on demonstrated job related skills, knowledge, experience, education, certifications, etc.


     

    $189,400 - $260,500 per year


     

    This job is eligible for a bonus incentive plan. This incentive opportunity is based upon company and/or individual performance.

    Description of Benefits

    Humana, Inc. and its affiliated subsidiaries (collectively, “Humana”) offers competitive benefits that support whole-person well-being. Associate benefits are designed to encourage personal wellness and smart healthcare decisions for you and your family while also knowing your life extends outside of work. Among our benefits, Humana provides medical, dental and vision benefits, 401(k) retirement savings plan, time off (including paid time off, company

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    Company

    Humana

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