Actuarial Outpost
 
Go Back   Actuarial Outpost > Actuarial Discussion Forum > Careers - Employment
FlashChat Actuarial Discussion Preliminary Exams CAS/SOA Exams Cyberchat Around the World Suggestions



Reply
 
Thread Tools Search this Thread Display Modes
  #1  
Old 06-22-2005, 02:40 PM
Double A Double A is offline
Member
 
Join Date: Jul 2004
Posts: 49
Default opportunities for Health actuaries

I'm currently working in a health insurance company. My company does only medical products. We have a rotation program, and eventually I can decide if I want to stay in Pricing or Reserve after the rotation. I like pricing, and hope to do pricing after the rotation. However I'd like to keep my options open for working in a consulting company in the future.

What are the typical consulting opportunities for Health pricing and reserve actuaries? Do Health reserve actuaries have a better chance to get into consulting than pricing actuaries?
Thanks.
Reply With Quote
  #2  
Old 06-22-2005, 07:09 PM
L. Mo's Avatar
L. Mo L. Mo is offline
Muppet Queen
Site Supporter
CAS AAA
 
Join Date: Jan 2002
Location: 123 Sesame Street
Studying for my yearly physical
Favorite beer: battered onion rings
Posts: 8,722
Default

http://www.actuarialoutpost.com/actu...70&postcount=2
__________________

Life sucks like a hoover. Grab the handle or get in the bag. fun king ded
http://www.actuarialoutpost.com/actu...82&postcount=5 Maine-iac thinks I'm smart
http://www.actuarialoutpost.com/actu...0&postcount=10 So does Westley!
Reply With Quote
  #3  
Old 06-23-2005, 02:55 PM
Double A Double A is offline
Member
 
Join Date: Jul 2004
Posts: 49
Default

Thank you for the info. I acutally did some research before and all I have read was about choosing a field (Health,Life...) or insurance vs. consulting. My question was more specific. I'd like to find out what consulting options(long term disability, reserve auditing....) are out there for an health actuary who's been with a HMO insurance company for a few years. And is it easier for a health actuary that specializes in reserving to get into consulting than a pricing health actuary? From the posts I read, I kind of piece-mealed together a couple of options for an health actuary, but I'd like to find out in what consulting areas that an Health actuary can go to?

Thanks!
Reply With Quote
  #4  
Old 06-23-2005, 03:10 PM
DW Simpson DW Simpson is offline
Site Sponsor
Site Sponsor
 
Join Date: Sep 2001
College: Yes
Posts: 18,626
Default

Double A, I've been meaning to get to your question, and I will shortly.
Reply With Quote
  #5  
Old 06-25-2005, 09:16 PM
DW Simpson DW Simpson is offline
Site Sponsor
Site Sponsor
 
Join Date: Sep 2001
College: Yes
Posts: 18,626
Default

Quote:
Originally Posted by D.W. Simpson Webmaster
Health consultants look for both pricing and reserving backgrounds, as sometimes you'll be doing valuations of plans, or ratemaking, or work on plan design & strategy. Some of the consultants work primarily with companies to design plans and finance them; some others do provider-side consulting, where you're consulting on a health company's rates and possibly business strategy. And these aren't the only opportunities for health actuaries outside a traditional insurance environment: we've seen a rapid increase in health data management and analysis companies who will hire actuaries with strong statistical skills.
Quote:
Originally Posted by A D.W. Simpson Recruiter
That's a good overview of what one might do, and you could direct them to, for example, Milliman's website at http://www.milliman.com/services/hea...e/default.aspx
.
Reply With Quote
  #6  
Old 06-27-2005, 11:00 AM
Double A Double A is offline
Member
 
Join Date: Jul 2004
Posts: 49
Default

The link to the Milliman website was very helpful. Thank you for the message!!
Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -4. The time now is 02:26 AM.


Powered by vBulletin®
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
*PLEASE NOTE: Posts are not checked for accuracy, and do not
represent the views of the Actuarial Outpost or its sponsors.
Page generated in 0.16997 seconds with 7 queries