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Senior Actuarial Analyst

Quartz Health Solutions, Madison, WI, United States


Overview
We are seeking a

Senior Actuarial Analyst

to drive Medicare Advantage risk adjustment initiatives and financial outcomes at Quartz. This role offers the opportunity to directly influence Medicare Advantage risk score optimization, revenue forecasting, and bid risk score development within a multi-provider-owned health plan.

This role is focused on

Medicare Advantage Risk Adjustment

and will be instrumental in implementing and understanding the details of CMS Medicare risk score models, conducting analytical studies, and performing trend analysis and reporting. You will apply your actuarial expertise to support pricing, forecasting, and reserving activities, while also contributing to key corporate initiatives. As a senior member of the team, you will lead analytical work efforts, ensure accuracy in bid development and filings, and provide guidance that supports sustainable growth and financial stability.

Benefits

Direct exposure and engagement with department leadership, offering visibility and influence on strategic initiatives

Supportive, collaborative team environment with a clear path for career growth and advancement

Comprehensive Actuarial Study Program to support continued credentialing and professional development

Opportunity to work on high-impact Medicare Advantage risk adjustment initiatives within a multi-provider owned health plan, gaining insight into diverse provider coding practices

Autonomy to lead and own analyses, including modeling and evaluating impacts for CMS Medicare Advantage Part C (HCC) and Part D (RxHCC) risk adjustment programs

Starting salary is based upon skills and experience:

$98,900 - $123,700

plus robust benefits package

Responsibilities

Medicare Advantage Risk Adjustment:

Drive insights that directly impact Medicare Advantage revenue, bid development, and financial performance

Lead development of monthly Medicare Advantage risk adjustment analytics, including open opportunities, suspecting insights, and risk score performance tracking

Analyze Part C (HCC) and Part D (RxHCC) diagnosis data to inform bid pricing assumptions, including modeling impacts of risk model changes and coding improvement initiatives

Refine and enhance risk score projections throughout the bid cycle using emerging diagnosis data and claims runout

Develop and maintain estimates for risk adjustment revenue, including initial, mid-year, and final payment projections to support financial reporting and forecasting

Partner closely with Risk Adjustment, Compliance, and Analytics teams to drive strategy and optimize program performance

Actuarial Modeling & Analytics:

Build, enhance, and maintain actuarial models supporting pricing, forecasting, and financial planning processes

Perform advanced data analysis, trend evaluation, and scenario testing to quantify risk and inform strategic decision-making

Identify opportunities to improve methodologies, automate processes, and increase model accuracy and efficiency

Translate complex data into actionable insights and recommendations for business leaders

Cross-Functional Collaboration & Communication:

Collaborate with Product, Finance, Sales, and Provider Services to align actuarial insights with business strategy

Clearly communicate technical findings to non-technical stakeholders, including senior leadership

Develop dashboards, reports, and visualizations to monitor key performance indicators and support decision-making

Pricing, Forecasting & Financial Support:

Contribute to and influence Medicare Advantage pricing strategies through risk score analytics and revenue cycle deep-dives

Contribute to financial planning, forecasting, and budgeting processes by delivering accurate and timely actuarial analyses

Conduct ad hoc analyses to evaluate emerging risks, financial performance, and strategic opportunities

Regulatory & Professional Excellence:

Support bid filings, risk adjustment accrual analyses, and regulatory reporting requirements where applicable

Ensure alignment with CMS and other regulatory guidelines impacting Medicare Advantage programs

Stay current on industry trends, risk adjustment methodologies, and actuarial best practices

Continue progression toward actuarial credentials (ASA/FSA) and contribute to ongoing development of actuarial capabilities

Qualifications

Bachelor's Degree with 4 years of relevant experience

Successful completion of 3 Associate of the Society of Actuaries (ASA) exams & continued commitment to finish ASA credentials

Experience with Medicare Advantage Risk Adjustment (HCC/RxHCC) or diagnosis-based modeling

Actuarial experience in pricing, reserving, and/or other financial analysis

Ability to file rates in compliance with state and federal regulations

Ability to troubleshoot coding syntax and program processing issues

Advanced Excel skills and intermediate programming skills (SQL, SAS, R, Python, etc.)

Experience in Microsoft PowerPoint to create storylines

We offer an excellent benefit and compensation package, opportunity for career advancement and a professional culture built on the foundations of Respect, Responsibility, Resourcefulness and Relationships. To support a safe work environment, all employment offers are contingent upon successful completion of a pre-employment criminal background check.

Quartz values and embraces diversity and is proud to be an Equal Employment Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, gender identity or expression, sexual orientation, age, status as a protected veteran, among other things, or status as a qualified person with disability.

Note
Role status: active as described; no explicit expiration notice indicated in the description.

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