Actuarial Analyst I

Kaiser Permanente

$88K — $114K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in mathematics or related field, or equivalent work experience.
  • Passed at least 1 actuarial exam toward ASA or ACAS certification.
  • Two years experience with databases and spreadsheets (preferred).
  • One year experience in an Actuary department (preferred).
  • Bachelor's degree in statistics, actuarial science, engineering, or physics (preferred).

Responsibilities

  • Assist in researching financial risk likelihood to the organization.
  • Support actuarial documentation for financial reports and insurance regulations.
  • Conduct product line financial evaluations, including cash flow analysis.
  • Perform literature reviews for actuarial research on standards and regulations.
  • Apply actuarial methods in financial risk and opportunity analyses.
  • Translate technical actuarial concepts for non-technical stakeholders.
  • Learn and utilize actuarial modeling software and techniques.

Benefits

  • Flexible work location with options for remote working.
  • Commitment to diversity, equity, and inclusion.
  • Focus on professional growth and self-development.
  • Opportunities for collaboration across teams and departments.
Full Job Description
Job Summary:
This individual contributor is primarily responsible for assisting in researching and determining the likelihood of financial risk to the organization, supporting actuarial documentation, product line evaluation, and actuarial modeling, and assisting in financial risk and opportunity analyses.
Essential Responsibilities:
  • Pursues self-development and effective relationships with others by sharing information with coworkers and customers; listening and responding to performance feedback; acknowledging strengths and weaknesses; and adapting to and learning from change, difficulties, and feedback.
  • Completes work assignments by following procedures and policies and using data, and resources; collaborating with others to address business problems; adhering to established priorities, deadlines, and expectations; communicating progress and information; occasionally identifying and recommending ways to address improvement opportunities; and escalating issues or risks as appropriate.
  • Supports actuarial documentation by assisting with preparation of the actuarial portion of financial reports and tax returns, and responses to insurance regulations.
  • Supports product line evaluations by assisting with analysis of product line financials, valuation, cash flow analysis.
  • Assists with actuarial research by conducting literature reviews on common standards, assumptions, competition and the legal and regulatory environment.
  • Assists with analysis of financial risks and opportunities by applying actuarial methods; collecting data; and assisting with actuarial analyses.
  • Supports collaborations with peer-level business partners by translating basic actuarial constructs into non-technical explanations; and complying with the Actuarial Standards of Practice.
  • Supports actuarial modeling by learning and using actuarial models; and assisting with the application of alternative assumptions and forecasts using in-house models or actuarial software.
Knowledge, Skills and Abilities: (Core)
  • Ambiguity/Uncertainty Management
  • Attention to Detail
  • Business Knowledge
  • Communication
  • Critical Thinking
  • Cross-Group Collaboration
  • Decision Making
  • Dependability
  • Diversity, Equity, and Inclusion Support
  • Drives Results
  • Facilitation Skills
  • Health Care Industry
  • Influencing Others
  • Integrity
  • Learning Agility
  • Organizational Savvy
  • Problem Solving
  • Short- and Long-term Learning & Recall
  • Teamwork
  • Topic-Specific Communication

Knowledge, Skills and Abilities: (Functional)
  • Analytical Skills
  • Client Focus
  • Economics
  • Initiative
  • Managing Diverse Relationships
  • Mathematics
  • Organizational Skills
  • Statistical Programming Language
  • Stress Tolerance
  • Trust

Minimum Qualifications:
  • Bachelors degree in mathematics or related field. Additional equivalent work experience in a directly related field may be substituted for the degree requirement.
  • Passed at least 1 actuarial exam toward an ASA or ACAS certification.
Preferred Qualifications:
  • Two (2) years experience with databases and spreadsheets.
  • One (1) year experience in Actuary department
  • Bachelor's degree in statistics, actuarial science, mathematics , engineering, or physics.


Primary Location: Georgia,Atlanta,Regional Office - 9 Piedmont Additional Locations:
  • Oakland, CA
  • Alpharetta, GA


Scheduled Weekly Hours: 40
Shift: Day
Workdays: Mon, Tue, Wed, Thu, Fri
Working Hours Start: 08:00 AM
Working Hours End: 05:00 PM
Job Schedule: Full-time
Job Type: Standard
Worker Location: Flexible
Employee Status: Regular
Employee Group/Union Affiliation: NUE-PO-01|NUE|Non Union Employee
Job Level: Individual Contributor
Department: Po/Ho Corp - HP PROD MGMT-Actuarial SVCS - 0308
Pay Range: $42.64 - $55.15 / hour Kaiser Permanente strives to offer a market competitive total rewards package and is committed to pay equity and transparency. The posted pay range is based on possible base salaries for the role and does not reflect the full value of our total rewards package. Actual base pay determined at offer will be based on labor market data, internal alignment, and a candidate's years of relevant work experience, education, certifications, skills, and geographic location.
Travel: No
Flexible: Work location is on-site at a KP location, with the flexibility to work from home. Worker location must align with Kaiser Permanente's Authorized States policy.

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