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Fallon Health

Actuarial Analyst- Growing Healthcare Organization

Fallon Health, Worcester, Massachusetts, us, 01609

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Actuarial Analyst - Growing Healthcare Organization Join to apply for the Actuarial Analyst role at Fallon Health.

About us Fallon Health delivers equitable, high-quality, coordinated care and is among the nation’s top health plans for member experience, service, and clinical quality. Founded in 1977 in Worcester, Massachusetts, Fallon Health provides government-sponsored health insurance programs—including Medicare, Medicaid, and PACE—in the region.

Overview Seeking a motivated and detail-oriented analyst with at least two Society of Actuaries exam passes to support key business functions such as pricing, reserving, forecasting, and risk analysis.

Responsibilities

Assist in the development and maintenance of actuarial models for valuation, forecasting, pricing, and/or risk analysis

Perform data analysis and experience studies using large datasets from internal and external sources

Support the preparation of actuarial components of financial reports, regulatory submissions, and risk adjustment analyses

Collaborate with cross-functional teams including finance, claims, sales, and product development to evaluate the impact of benefit changes, provider contracts, and regulatory updates

Document assumptions, methodologies, and results in compliance with ASOPs, CMS guidance, and state/federal requirements

Contribute to the automation and streamlining of actuarial processes

Stay current with industry trends, regulatory changes, and professional standards

Qualifications Education:

BS or BA in Actuarial Science, Mathematics, Statistics, Finance, Economics or related field.

License/Certifications:

Passage of at least two Society of Actuaries exams required.

Experience

Excellent quantitative, problem-solving, and analytical skills

Attention to detail and ability to learn quickly

Well-developed oral and written communication skills

Ability to work independently and as part of a team

Proficiency in Excel; experience with actuarial software (e.g., SAS, SQL, Python, VBA) is a plus

Familiarity with insurance products and regulatory environments

Commitment to pursuing actuarial credentials with the Society of Actuaries and professional development

Fallon Health provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

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