Requisition #: 284065
Location: Johns Hopkins Health Care, Hanover, MD 21076
Work Shift: Day Shift
Work Week: Full Time (40 hours)
Weekend Work Required: No
Date Posted: Nov. 14, 2020
Johns Hopkins HealthCare (JHHC) is the managed care and health services business of Johns Hopkins Medicine, one of the premier health delivery, academic, and research institutions in the United States. JHHC is a $2.5B business serving over 400,000 lives with lines of business in Medicaid, Medicare, commercial, military health, health solutions, and venture investments. JHHC has become a leader in provider-sponsored health plans and is poised for future growth.
Many organizations talk about transforming the future of healthcare, Johns Hopkins HealthCare is actually doing it. We develop innovative, analytics-driven health programs in collaboration with provider partners to drive improved quality and better health outcomes for the members and communities we serve. If you are interested in improving how healthcare is delivered, join the JHHC team.
This position is responsible for the establishment of financially sound and adequate premium rates at JHHC and for the evaluation of claim
liabilities and reserves to ensure payment for future benefits. The Chief Actuary also oversees all pricing activities including rate factors,
formulas and claim statistics for both community-rated and experience-rated insured customers. This position will also provide forecasting of
premium and claim expenses in support of forecasting, business planning and product development. This position will oversee the Health
Informatics team that is responsible for the development and reporting companywide for all lines of business and corporate initiatives /
programs as well as supporting provider contracting services. This position will work in close coordination with the Sr. VP Finance / CFO,
operations and information systems and with the senior management team in Finance to achieve corporate goals and complete priority
Education: Bachelor’s degree in mathematics, statistics or economics or related field. Master’s degree
Knowledge: Strategic orientation in actuarial and in the balance of pricing versus sales.
Skills: Technical Skills: SQL coding, Microsoft Office Suite: Access, Excel, Word, and PowerPoint.
Must demonstrate excellent oral, written, and presentation skills to effectively communicate
valuation and pricing strategy and corresponding operating procedures to all levels within the
Associate of the Society of Actuaries (ASA) and Member of the American Academy of
Actuaries (MAAA) designations required.
Seven plus years in a health plan/consulting actuarial environment.
Machines, Tools, Equipment:
Must operate general office equipment (telephone, fax, PC, etc.)
Budget Responsibility: Requires thorough knowledge of actuarial and risk management processes and a complete
understanding of the factors, especially risk factors that influence health insurance
Requires ability to process complex time sensitive data and information from multiple
sources, make decisions based on this data, and to effectively communicate the related
required actions to a broad audience. Proven track record of change management.
Manages staff and has responsibility for hiring, firing, and performance management and
results of the assigned areas. Trains staff in project management and respective
Uses research, inquiry, analysis and creative thinking to evaluate, create and analyze data,
business plans, and other financial models as are requested by executive decision makers.
Uses a variety of information as is required by the particular project. A project may call for
the use of financial data from the hospital, School of Medicine, other affiliates, and/or
outside companies. A project may also require research of outside journals, books, and
other documentations (e.g., Internet searches).
Works in normal office environment where there are no physical discomforts due to dust,
dirt, noise and the like. Work involves daily use of a computer and requires attention to
detail for long periods of time. Travel to off-site meetings and to other on-site departments
is required as needed.
Johns Hopkins Health System and its affiliates are Equal Opportunity/Affirmative Action employers. All qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, sex, age, national origin, disability, protected veteran status, and or any other status protected by federal, state, or local law.
Johns Hopkins Medicine.