Shire Jobs

• Applies knowledge of mathematics, probability and statistics to complete tasks and demonstrates sound financial acumen during the process.• Compile statistical data for a variety of projects such as monitoring monthly variance analysis reports, revenue forecasting, identifying medical trends and performing premium and membership trend analysis.• Gathers and prepares actuarial analysis based on information from internal and external sources.• Model, quantify, and value insurable risks faced by our company.• Draft reports documenting the methods, assumptions and results of our work with direct supervision of senior actuaries within the company.• Extracts and validates data as needed for applications and modeling reports.• Performs both routine and ad hoc actuarial and statistical analyses to estimate financial outcomes. • Calculate premiums for large new and renewing groups, individual products, and new products, • Estimate claims reserves and prepare reserve analysis and trend analysis. Develop rating factors and formulas for community, merit, and experience groups. • Assist with rate development for Medicare Advantage and HMO capitation. Determine rating factors for merit and experience group rating. • Analyze incurred claims and trend by coverage and line of business.• Collaborate with programmers, underwriters, Product Development, and senior management to help develop plans for acquiring new business or improving existing business.• Estimate the cost impact of proposed changes. • Provide reporting and analytical support to Finance Division, Sales and Marketing Division and Underwriting Department.• Other related task required by supervisor.Bachelor’s degree in Mathematics, Statistics, Finance or related discipline degree level with strong Mathematical background.Must have approved at least one actuarial test sponsored by the Society of Actuaries.