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Actuarial Analyst III
University of Pittsburgh Medical Center | Pittsburgh, Pennsylvania
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Job Description

Job Description

Job Title: Actuarial Analyst III

Job ID: 690819

Status: Full-Time

Regular/Temporary: Regular


Shift: Day Job

Facility: UPMC Health Plan

Department: General Acctg_Fin Report

Location: 600 Grant St, Pittsburgh PA 15219


This position applies knowledge of mathematics, probability and statistics in order to identify issues, gather and analyze data on a wide variety of topics affecting the financial performance of the health plan May represent the department on corporate projects. Receives assistance from either management or senior positions when necessary.


* Documents methods, procedures and results.
* May direct or supervise junior actuarial department personnel in the performance of duties.
* Preparation of State and Federal filings.
* Presents results of analyses and recommendations to management.
* Responsible for the development of mathematical models in connection with other departments to predict the impact of proposed changes.
* Responsible for the preparation of financial analyses in support of the following functions: Medical cost and utilization trend analysis; Forecasting; Development of claim reserves (IBNR) Completion factors using claim lag analysis models; Provide analytical support for rate development and filings; Provide ad hoc data analysis to all departments within the company.


* Bachelor's degree in mathematics, statistics, actuarial science, economics or related field and three to five years of experience in actuarial work in a health insurance, managed care or related consulting business.
* Excellent problem solving and analytical skills.
* Four actuarial examinations passed or appropriate experience.
* Pursuing S.O.A. certification.
* Good oral and written communication skills.
* Strong PC skills.
* Data retrieval skills and relational database experience.
* Works independently.

Licensure, Certifications, and Clearances:

UPMC is an equal opportunity employer. Minority/Females/Veterans/Individuals with Disabilities Salary Range: $33.94 to $57.47

Union Position: No

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About University of Pittsburgh Medical Center

The University of Pittsburgh Medical Center (UPMC) is the largest integrated health care enterprise in Pennsylvania and one of the leading nonprofit medical centers in the country. It is one of only 14 hospitals nationwide to earn "honor roll" status in U.S. News & World Report's 2006 "America's Best Hospitals" survey. Widely recognized for its innovations in patient care, research, technology and health care management, UPMC has transformed the economic landscape in western Pennsylvania. The region's largest employer, with 48,000 employees and nearly $7 billion in revenue, UPMC comprises 20 tertiary, specialty and community hospitals, 400 outpatient sites and doctors' offices, retirement and long-term care facilities, an insurance plan, and international ventures. Nearly 5,000 physicians are affiliated with UPMC, including more than 2,300 employed physicians.

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