Government Programs Actuarial Analyst II

About the role

Mass General Brigham Health Plan is seeking a Government Programs Actuarial Analyst II to support key actuarial functions such as valuation, pricing, and forecasting. This role will lead the monthly reserving process, support quarterly forecasting, and collaborate with leadership and cross-functional teams.

Responsibilities

• Lead monthly reserving process (IBNR and other actuarial accruals) and communication of financial results and variances to senior leadership.
• Support quarterly forecasting of Medicare and D-SNP for Premium Deficiency Reserve calculation, Budget, and Forecast, including analysis of trends, assumptions, and key drivers.
• Contribute to the development and successful completion of Medicare and D-SNP Bid, including data preparation, pricing support, and documentation.
• Develop and enhance actuarial analyses and reporting, including pricing studies, dashboards, and presentations that provide insights into financial performance, risk factors, and profitability.
• Monitor and evaluate emerging risks to financial performance, including claims trends and changes in regulations.
• Collaborate with leadership and cross-functional teams to apply actuarial concepts, deliver high-quality work, and ensure accountability to deadlines and commitments.

Requirements

Minimum of 2+ years of full-time actuarial experience in a healthcare or insurance setting, with at least 1–2 years of healthcare actuarial experience required, ideally supporting Medicare Advantage, DSNP, or government programs.

Qualifications

• Bachelor’s degree in Mathematics, Statistics, or another quantitative discipline (Physics, Engineering, Quantitative Finance, Mathematical Economics, etc.).
• Proficiency in Microsoft Office, VBA, SQL, and SAS.
• Strong written and oral communication skills, with the ability to convey actuarial concepts to non-technical stakeholders.
• Demonstrated knowledge of actuarial concepts, techniques, and methodologies.
• Strong understanding of insurance principles, products, and pricing concepts.
• Strong analytical and problem-solving skills, with the ability to interpret complex data and perform quantitative analyses.
• Excellent mathematical and statistical skills, with a keen attention to detail.
• Strong organizational and time management skills, with the ability to manage multiple projects and meet deadlines.

Skills and Abilities

• Proficiency in Microsoft Office, VBA, SQL, and SAS.
• Strong written and oral communication skills, with the ability to convey actuarial concepts to non-technical stakeholders.
• Demonstrated knowledge of actuarial concepts, techniques, and methodologies.
• Strong understanding of insurance principles, products, and pricing concepts.
• Strong analytical and problem-solving skills, with the ability to interpret complex data and perform quantitative analyses.
• Excellent mathematical and statistical skills, with a keen attention to detail.
• Strong organizational and time management skills, with the ability to manage multiple projects and meet deadlines.

Benefits

We offer a comprehensive actuarial development program designed to support continued exam progression, including paid study time, exam reimbursement, and structured salary increases tied to exam achievement.

Pay

$63,648.00 - $90,750.40/Annual

Schedule

Full-time, Monday through Friday role with five 8-hour days.