Senior Consulting Actuary
Location
United States
Posted
39 days ago
Salary
$200K - $275K / year
Professional Certificate15 yrs expEnglish
Job Description
• Lead actuarial engagements for state Medicaid agencies and other public health clients.
• Design and oversee encounter data analytics, validating completeness and accuracy, producing utilization trend analyses, and reconciling encounter to financial data for managed care oversight.
• Develop and certify Medicaid managed care capitation rates that are actuarially sound, including risk adjustment methodologies.
• Develop and apply risk scoring methodologies to support capitation rate rebalancing, including calculation of individual risk scores and risk-adjusted settlements.
• Conduct financial analyses and modeling for HCBS, LTSS, and PACE programs.
• Provide strategic guidance on program design, waiver development and submission support, and value-based payment models.
• Support federal authority activities, including cost-effectiveness and budget-neutrality analyses for 1915(b)/(c) and 1115 waivers, state plan amendments, directed payments, and provider tax programs.
• Conduct ad hoc fiscal and policy impact analyses, including rate modifications, hospital rebasing, UPL/GME payments, and pay-for-performance calculations.
• Collaborate with multidisciplinary teams including underwriters, policy experts, data analysts, health economists, and clinical consultants.
• Present complex actuarial findings to clients, stakeholders, and regulatory bodies in a clear and actionable manner.
• Mentor junior actuarial staff and contribute to professional development initiatives.
• Stay current with federal and state regulations, CMS guidance, and emerging trends in commercial and public health programs.
Job Requirements
- FSA or ASA with active membership in the AAA (required).
- 15+ years of health actuarial experience, including at least 5 years supporting or employed by a state Medicaid agency.
- Demonstrated ability to lead a team of actuaries.
- Proven experience developing actuarially sound managed care capitation rates, risk adjustment methodologies, and waiver cost-effectiveness models.
- Deep familiarity with CMS review processes, federal regulatory standards, and ASOP compliance.
- Expertise with Medicaid and commercial claims/encounter data, including All-Payer Claims Databases (APCDs) and Medicaid Management Information Systems (MMIS).
- Excellent communication skills and a strong record of producing defensible actuarial documentation for CMS, state agencies, and legislative oversight entities.
- An executive presence and strong client relation skills.
- Experience providing expert testimony or support in rate hearings and rate negotiations preferred.
- Ability to work in a collaborative environment.
- A desire to generate new business strongly preferred.
- Advanced skills in Microsoft Excel, Word, PowerPoint.
Benefits
- Eligible employees have access to benefits that go beyond what’s expected to support their physical, mental, career, social, and financial well-being. Visit our website for a complete list of benefits and a look into our culture: Experience BerryDunn.
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