Good health care is key to a good life. At Banner Health, we understand that, and that's why we work hard every day to make a difference in people's lives. Do you like the idea of making a positive change in people's lives - and your own? If so, this could be the perfect opportunity for you.
Innovation and highly trained staff. Banner Health leaders can access the staff and resources they need to bring their vision to life. If you're looking to leverage your abilities - you belong at Banner Health.
In the highly visible role of you will have the opportunity to be a part of healthcare transformation as Banner continues to expand our health plan services, working directly with leadership to build relationships and be part of the strategic growth plan. Banner Health is known nationally as a trailblazer in new health care models, where insurance plans and physicians come together to work collaboratively to make things easier for our members.
Your pay and benefits are important components of your journey at Banner Health. Banner Health offers a variety of benefits to help you and your family. We provide health and financial security options so you can focus on being the best at what you do and enjoying your life.
Your pay and benefits are important components of your journey at Banner Health. This opportunity includes the option to participate in a variety of health, financial, and security benefits. In addition, this position may be eligible for our Management Incentive Program as part of your Total Rewards package. Banner Health Network (BHN) is an accountable care organization that joins Arizona's largest health care provider, Banner Health, and an extensive network of primary care and specialty physicians to provide the most comprehensive healthcare solutions for Maricopa County and parts of Pinal County. Through BHN, known nationally as an innovative leader in new health care models, insurance plans and physicians are coming together to work collaboratively to keep members in optimal health, while reducing costs.
This position will lead healthcare actuarial analyses under minimal supervision of senior actuarial staff. The position will either have knowledge of, or will become knowledgeable in, Medicare Shared Savings Program (MSSP) Accountable Care Organizations (ACOs), Commercial ACOs, Employer Plans, Medicare Advantage Prescription Drug (MA-PD) plans, Medicaid, Medical Economics, and other healthcare data analytics. The actuary will be encouraged to progress in their career development under the Banner Actuarial Professional Development Program.
1. Lead healthcare actuarial analyses under minimal supervision of senior actuarial staff.
2. Lead projections, pricing, reserving, and other analyses using tools developed in Excel, SAS, Teradata, Tableau, and other software, with the oversight and feedback from senior actuarial staff.
3. Develop/present results of the performed analyses to senior actuarial staff and/or insurance division executives.
4. Participate in the development of actuarial models and reports for the continued growth of the actuarial team.
5. Provide support to actuarial staff in performing IBNR estimates, financial reporting, and rate adequacy studies.
6. Research and compile information about healthcare regulations.
Performs all functions according to established policies, procedures, regulatory and accreditation requirements, as well as applicable professional standards. Provides all customers of Banner Health with an excellent service experience by consistently demonstrating our core and leader behaviors each and every day.
Bachelor's Degree in Statistics, Mathematics, Actuarial Science, Business, Finance, or Healthcare Administration.
License/Certification: Associate of the Society of Actuaries (ASA) designation within 12 months of being hired.
Seven plus years of actuarial experience in healthcare; specifically in Medicare, Medicaid, and/or Commercial.
Knowledge of software for data analysis; specifically spreadsheets (e.g. MS Excel, VBA), data extraction and manipulation (e.g. SAS, Teradata, R) and data visualization (e.g. Tableau).
What might draw you to Banner Health? A great health care career, of course—and a great place to live, no matter what stage of life you’re in. With facilities across the West, there is a health care career for everyone, from big city living in the Phoenix area to friendly small towns in the mountains and plains. As one of the largest nonprofit health systems in the country, Banner Health offers both the stability that comes with success and the possibility of exploring new areas of the country. If you’re looking to be a key contributor to a forward-looking organization, you’ll experience a wide variety of professional advantages:
Our expansive system offers you an unmatched variety of clinical settings – from large urban trauma center to small rural hospital, ambulatory to home health.
Our commitment to healthcare innovation means you always have the latest technologies at your fingertips to help you provide the finest care possible.
The size, success and growth of our system provide you with the stability and options to pursue your desired career path.
Competitive compensation and comprehensive benefits offer you options to complement your unique needs.