Details: Your Standard is Excellence. You’ve been looking for an opportunity to work with people who share your commitment to a higher standard. You imagine building a career and even enjoying your work. Good News. We’ve been looking for you too. Coventry Health Care Inc. has been named to several prestigious lists in leading business publications over the last 3 years: Barron's 500 Fortune 500 Forbes' Platinum 400. We are currently searching for an Associate Actuarial Analyst in our Atanta, GA location. This role assists with the establishment of routine present value cost estimates of future contingent events regarding primarily the cost of delivering health care to a member population for areas served. ESSENTIAL RESPONSIBILITIES Assists with quantitative assessments of risk relating to market premium rate levels, new product development, provider contracts, and IBNR in accordance with regulatory and professional guidelines. Applies knowledge of mathematics, probability, statistics, principles of finance and business to risk and trend analyses. Analyzes, summarizes, and reconciles statistical data. Conducts special studies. Explains actuarial methodology to appropriate parties. Identifies and analyzes the internal and external factors which affect statistics for use in forecasting, trending, and rate models, etc.. Ensures the accuracy of work assigned through the development and use of reconciliation techniques. Designs specific actuarial studies and research projects as requested. Tests computer applications of new rating methods. Performs other duties as required.
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