Humana is hiring a Valuation Actuary responsible for estimates of short-term and long-term reserves required for unpaid claim liability, active life reserves, and other actuarial items for financial reporting. This role partners with Finance, handles reserve-related examinations, and advises executives on significant matters.
What You'll Do
- Produce estimates of short-term and long-term reserves for unpaid claim liability, active life reserves, and other actuarial items.
- Establish appropriate margins and premium deficiency reserves for monthly, quarterly, and annual financial statement reporting.
- Partner with Finance for internal and statutory reporting.
- Complete asset adequacy testing in support of Actuarial Opinions and Actuarial Memorandums for the Appointed Actuary.
- Handle actuarial reserves and risk control aspects of state Department of Insurance examinations, external audits, and internal audits of reserves.
- Advise executives to develop functional strategies on matters of significance.
- Exercise independent judgment and decision-making on complex issues.
What We're Looking For
- Bachelor's Degree.
- ASA or FSA designation and membership in the American Academy of Actuaries.
- Meets the basic education requirements for issuing Statements of Actuarial Opinion.
- 3 or more years of actuarial work experience.
- Passion for contributing to an organization focused on continuously improving consumer experiences.
- Strong communication skills.
- Ability to translate technical issues for non-Actuarial audiences.
Nice to Have
- 5 or more years of relevant health-related actuarial work experience.
- 1 or more years of experience with health insurance valuation topics.
- Independent consulting ability.
- Ability to think holistically through a project.
Team & Environment
This position will report to an Associate VP in Actuarial Valuation.
Benefits & Compensation
- Salary range: $129,300 - $177,800 per year.
- Medical, dental, and vision benefits.
- 401(k) retirement savings plan.
- Comprehensive time off, including paid time off, holidays, volunteer time off, and paid parental and caregiver leave.
- Short-term and long-term disability insurance.
- Life insurance.
Work Mode
This is a remote position.
Humana is committed to putting health first for our teammates, customers, and company. It is the policy of Humana not to discriminate against any employee or applicant because of race, color, religion, sex, sexual orientation, gender identity, national origin, age, marital status, genetic information, disability, or protected veteran status.


