Actuarial Analyst 1

About the role

The Actuarial Analyst 1, General provides entry-level actuarial and analytical support for Humana product lines and business areas. This role may support pricing, valuation, forecasting, risk analysis, compliance, operations, and reporting.

Responsibilities

• Compile, validate, and analyze claims, membership, premium, financial, and operational data.
• Support pricing, reserving, valuation, forecasting, risk, compliance, and operational analytics.
• Aid in actuarial models, spreadsheets, dashboards, reports, and recurring analyses.
• Perform reasonability checks, variance analysis, and actual-to-expected comparisons.
• Help prepare exhibits, summaries, and documentation for internal reviews, audits, regulatory filings, or business planning.
• Document data sources, assumptions, methods, calculations, and results.
• Communicate findings clearly to actuarial team members, leaders, and business partners.
• Follow actuarial standards, internal controls, confidentiality requirements, and documented procedures.
• Manage assigned work priorities, meet deadlines, seek guidance when needed, and escalate unusual results or issues.
• Participate in Humana’s Actuarial Professional Development Program and continue progress toward actuarial credentials.

Requirements

• Bachelor's degree in Actuarial Science, Mathematics, Data Analytics, or equivalent and less than 3 years of technical experience.
• Successful completion of at least 1 actuarial exam.
• Mets requirements for Humana's Actuarial Professional Development Program (APDP).
• Strong communication skills.
• Strong analytical, quantitative, and problem-solving skills.
• Passionate about contributing to an organization focused on continuously improving consumer experiences.

Preferred Qualifications

• Continued progress toward actuarial credentials.
• Actuarial internship, co-op, academic project, or related analytical experience.
• Experience with SQL, SAS, Python, R, VBA, Power BI, Tableau, or similar analytical tools.

Additional Information

Work at Home Requirements: To ensure Home or Hybrid Home/Office employees' ability to work effectively, the self-provided internet service of Home or Hybrid Home/Office employees must meet the following criteria: At minimum, a download speed of 25 Mbps and an upload speed of 10 Mbps is required; wireless, wired cable or DSL connection is suggested. In certain roles, the minimum recommended internet speed required by Humana may not be sufficient for business needs. Humana reserves the right to require associates to upgrade their internet service if necessary.

Scheduled Weekly Hours: 40

Pay Range: $66,800 - $91,100 per year

Description of Benefits

Humana, Inc. and its affiliated subsidiaries (collectively, “Humana”) offers competitive benefits that support whole-person well-being. Associate benefits are designed to encourage personal wellness and smart healthcare decisions for you and your family while also knowing your life extends outside of work. Among our benefits, Humana provides medical, dental and vision benefits, 401(k) retirement savings plan, time off (including paid time off, company and personal holidays, paid parental and caregiver leave), short-term and long-term disability, life insurance and many other opportunities.

About Us

About Humana: Humana Inc. (NYSE: HUM) is a leading U.S. healthcare company. Through our Humana insurance services and our CenterWell healthcare services, we make it easier for the millions of people we serve to achieve their best health – delivering the care and service they need, when they need it. These efforts are leading to a better quality of life for people with Medicare and Medicaid, families, individuals, military service personnel, and communities at large.

Equal Opportunity Employer

It is the policy of Humana not to discriminate against any employee or applicant for employment because of race, color, religion, sex, sexual orientation, gender identity, national origin, age, marital status, genetic information, disability or protected veteran status. It is also the policy of Humana to take affirmative action, in compliance with Section 503 of the Rehabilitation Act and VEVRAA, to employ and to advance in employment individuals with disability or protected veteran status, and to base all employment decisions only on valid job requirements. This policy shall apply to all employment actions, including but not limited to recruitment, hiring, upgrading, promotion, transfer, demotion, layoff, recall, termination, rates of pay or other forms of compensation and selection for training, including apprenticeship, at all levels of employment.