Actuarial Analyst IV

Kaiser Permanente

$150K — $194K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in mathematics or related field
  • Minimum six years actuarial experience, with potential for degree substitution
  • Associate of the Society of Actuaries Certificate or Associate of the Casualty Actuarial Society Certificate
  • Experience in health care actuarial work is preferred

Responsibilities

  • Facilitate self-development and promote learning among team members and stakeholders
  • Complete specific assignments supporting business projects through expertise application
  • Develop actuarial documentation for financial reports, tax returns, and regulatory responses
  • Participate in product line evaluations by analyzing financial aspects including pricing and valuations
  • Implement actuarial research within established standards and legal frameworks
  • Analyze financial risks and opportunities using advanced actuarial methods
  • Collaborate to translate complex mathematical concepts into practical business recommendations
  • Design and validate advanced actuarial models, including forecasting alternatives

Benefits

  • Flexible work location, allowing some telecommuting
  • Market competitive total rewards package with a focus on pay equity
  • Opportunity for professional development and learning
Full Job Description
Job Summary:
This individual contributor is primarily responsible for researching and determining the likelihood of financial risk to the organization, developing and designing actuarial documentation, conducting product line evaluation and actuarial modeling, and assessing and interpreting financial risk and opportunity analyses.

Essential Responsibilities:
  • Practices self-development and promotes learning in others by proactively providing information, resources, advice, and expertise with coworkers and customers; building relationships with cross-functional stakeholders; influencing others through technical explanations and examples; adapting to competing demands and new responsibilities; listening and responding to, seeking, and addressing performance feedback; providing feedback to others; creating and executing plans to capitalize on strengths and develop weaknesses; supporting team collaboration; and adapting to and learning from change, difficulties, and feedback.
  • Completes work assignments and supports business-specific projects by applying expertise in subject area; supporting the development of work plans to meet business priorities and deadlines; ensuring team follows all procedures and policies; coordinating resources to accomplish priorities and deadlines; collaborating cross-functionally to make effective business decisions; solving complex problems; escalating high priority issues or risks as appropriate; and recognizing and capitalizing on improvement opportunities.
  • Develops and designs actuarial documentation by completing the actuarial portion of financial reports and tax returns; and responses to insurance regulations.
  • Participates in product line evaluations by conducting and interpreting analysis of product line financials, pricing, reserve, valuation , cash flow analysis; and analyzing and interpreting product line performance, risk, and assumptions used in product development.
  • Utilizes actuarial research by implementing non-complex developments standards, assumptions, and the legal and regulatory environment.
  • Assesses, analyzes and interprets financial risks and opportunities by applying advanced actuarial methods; and conducting actuarial analyses.
  • Collaborates with business partners by translating mathematical constructs into actionable recommendations; and complying with the Actuarial Standards of Practice.
  • Develops and designs advanced actuarial models; assists with the development of alternative assumptions and forecasts using in-house models or actuarial software; and validates the results.
Minimum Qualifications:
  • Bachelors degree in mathematics or related field AND Minimum six (6) years actuarial experience. Additional equivalent work experience in a directly related field may be substituted for the degree requirement.
  • Associate of the Society of Actuaries Certificate OR Associate of the Casualty Actuarial Society Certificate
Additional Requirements:
Preferred Qualifications:
  • Health Care Actuary Experience


Primary Location: California,Oakland,Ordway Additional Locations:
  • Pasadena, CA
  • Portland, OR
  • Atlanta, GA
  • Rockville, MD
  • Aurora, CO
  • San Diego, CA
  • Rosemont, CA
  • Renton, WA


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: $150700 - $194920 / year 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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