Jared Hoyer

Senior Actuarial Analyst; Health Insurance, Research & Development, and Consulting; Data Analysis, Medicare, and Trend Analysis

Role
Actuarial Analyst Iii at Blue Cross Blue Shield of Arizona
Location
Minneapolis, MN, US
LinkedIn followers
500 followers
Finance & AccountingView LinkedIn profile

About Jared Hoyer

After graduating from the Wisconsin School of Business with a degree in actuarial science and risk management, I was fortunate enough to be offered a role as an Associate Actuarial Analyst at Optum. I first trained primarily to price Medicare Advantage bids. I obtained a wealth of knowledge along this journey. I learned how to effectively manage my time. I learned how to delegate. I learned how to ask questions. Some days I was a mentee, other days I was a mentor. Each and every day, I was a friend to those around me. I laughed, I cried, I helped produce quality products, and most importantly I failed numerous times. All of these experiences helped me grow both as a professional and a human. While temporarily lending aid to another team at Optum, I made a connection which led to an exciting new opportunity. I moved to the corporate sector of UnitedHealth Group as a Data Analyst for their Research and Development department. This role introduced me to a lot of innovative projects targeting all manner of populations. I was involved with pulling and analyzing all data necessary for research initiatives. Most notably, I worked on a study which looked at the rates of breakthrough COVID-19 among members who were fully vaccinated (particularly immunocompromised members). Conducting this study in the middle of a global pandemic was extremely rewarding. I gained new skills while learning how to handle such complex data. I became very knowledgeable in a subject which up until then had been shrouded in mystery. Most importantly, I was fueled by an incredible passion to find answers for our members.While I loved my work as a Data Analyst, that department took a very sudden and interesting turn. A lot of restructuring and reorganizing caused my initial attraction to the role to fade. I started to explore options that would allow me to continue my data analysis work, but in a more traditional actuarial role.That led me to my current role as an Actuarial Analyst for OptumHealth. I am part of the Critical Care Management team within Health Care Economics. My team specializes in Dual Special Needs Plans. I currently conduct data analyses for them, and help them examine trends in this space.Ultimately, I want to continue to prosper as a leader in all aspects of my life. Former UCLA men\'s basketball coach John Wooden once said:\"in order to be a great leader, you must be a great teacher, and in order to be a great teacher, you must always remain a student who keeps on learning.\" Wherever life takes me, I will always strive to learn more and more every single day.

Experience

  1. Actuarial Analyst Iii

    Blue Cross Blue Shield of Arizona

    Jan 2024 — Present

    Calculate monthly reserves for Incurred But Not Reported claims• Produce forecasts throughout the year to track how actual expenses are compared to budgeted expenses • Contribute to Statements of Actuarial Opinion which are used to inform senior leadership of latest trends

Education

  • Wisconsin School of Business

    Bachelor’s Degree, Actuarial Science, Risk Management and Insurance

    2015 — 2018

  • University of Wisconsin-Madison

    Bachelor’s Degree, Actuarial Science

    2014 — 2018

Skills

  • Customer Service
  • Microsoft Office
  • Microsoft Excel
  • Microsoft Word
  • Powerpoint
  • Leadership
  • Public Speaking
  • Social Media
  • Facebook
  • Communication
  • Team Building

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Jared Hoyer — Actuarial Analyst Iii at Blue Cross Blue Shield of Arizona in Minneapolis, MN, US | Unifers