Actuarial Analyst
Innovaccer
About the Role
The Actuarial Analyst will provide analytical support to Humbi.AI's actuarial consulting team, contributing to healthcare cost analysis, data preparation, model maintenance, and report production. This is an excellent opportunity for an actuarial professional to develop deep expertise in Medicare, Medicaid, and commercial healthcare markets while gaining exposure to innovative value-based care analytics in a collaborative, learning-focused environment.Exam study support and mentorship are core commitments of our program.
A Day in the Life
- Compile, clean, and validate healthcare claims and enrollment data for use in actuarial analyses.
- Assist with medical cost and utilization analyses, including trend calculations, PMPM reporting, and benchmark comparisons.
- Support rate development and rate review work by preparing data exhibits, trend summaries, and documentation under the direction of senior staff.
- Maintain and update actuarial models and exhibits under the direction of senior staff.
- Write and maintain SQL queries and data scripts to extract and manipulate data from healthcare claims databases.
- Prepare exhibits, tables, and supporting documentation for client deliverables and internal reports.
- Research CMS program guidelines, rate notices, and policy updates to support team knowledge.
- Participate in internal training sessions and support knowledge sharing across the actuarial team.
- Actively pursue actuarial exam progress with support from the company's study program.
What You Need
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, or a related quantitative field.
- Minimum 2 years of relevant work experience in healthcare, insurance, or financial analytics.
- Completion of at least 1–2 SOA actuarial exams required.
- Basic proficiency in SQL and Microsoft Excel for data analysis.
- Strong attention to detail and quantitative reasoning skills.
- Ability to learn quickly and thrive in a fast-paced, collaborative environment.
- Clear written and verbal communication skills.
Preferred Qualifications
- Completion of 3+ SOA actuarial exams.
- Experience with SAS, R, or Python for data analysis.
- Familiarity with healthcare claims data structures, enrollment files, or HEDIS measures.
- Exposure to CCW VRDC or other CMS Medicare data platforms.
- Prior experience in an actuarial or healthcare analytics role, including internships.
We offer competitive benefits to set you up for success in and outside of work.
Here’s What We Offer
- Generous Paid Time Off: Recharge and relax with 22 days of fixed time off per year, in addition to company holidays—because we believe work-life balance fuels performance.
- Best-in-Class Parental Leave: Spend quality time with your growing family. We offer one of the industry’s most generous parental leave policies to support you during life’s most important moments.
- Recognition & Rewards: We celebrate wins—big and small. Get rewarded with monetary incentives and company-wide recognition for your impact and dedication. Your hard work won’t go unnoticed.
- Comprehensive Insurance Coverage: Stay covered with medical, dental, and vision insurance, plus 100% company-paid short- and long-term disability and basic life insurance. Optional perks include discounted legal aid and pet insurance.
Innovaccer Inc. is an equal opportunity employer. We celebrate diversity and are committed to fostering an inclusive workplace where all employees feel valued and empowered regardless of any characteristic protected by federal, state or local law including, without limitation, race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, medical condition, disability, age, marital status, or veteran status. Innovaccer Inc. participates in the E-Verify program to confirm employment eligibility of all newly hired employees based out of the U.S. and employed by Innovaccer Inc.
For any additional information, please visit the below websites:
Disclaimer:
Innovaccer does not charge fees or require payment from individuals or agencies for securing employment with us. We do not guarantee job spots or engage in any financial transactions related to employment. If you encounter any posts or requests asking for payment or personal information, we strongly advise you to report them immediately to our HR department at px@innovaccer.com. Additionally, please exercise caution and verify the authenticity of any requests before disclosing personal and confidential information, including bank account details.