Actuarial Health, Senior Associate

KPMG

$95K — $115K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3+ years of recent actuarial experience in a professional services environment with actuarial software
  • Bachelor's degree in actuarial science, applied statistics, financial analysis, insurance or mathematics
  • Minimum 2 actuarial exams completed
  • Ability to manage multiple projects with minimal supervision
  • Strong understanding of health and group insurance products; proficient in Excel and R
  • Must be authorized to work in the U.S. without sponsorship
  • Experience with Medicaid, Medicare, ACA, and long-term care financial reporting

Responsibilities

  • Support actuarial management with group and health insurance clients
  • Calculate reserves, risk adjustments, and actuarial values for plans
  • Assist with project planning and technical documentation
  • Develop actuarial models using software tools
  • Manage and analyze databases for experience studies
  • Mentor associates and interns on projects
  • Act as a liaison between clients and senior management

Benefits

  • Comprehensive medical and dental plans
  • Vision coverage and life insurance
  • Disability insurance options
  • 401(k) plans with company match
  • Personal Time Off according to service years
  • Paid holidays and additional breaks during the year
  • Robust mental health support and well-being resources
Full Job Description
KPMG is currently seeking an Actuarial Health Senior Associate to join our Audit practice. Responsibilities: • Provide technical support to the actuarial management group in support of group and health insurance clients • Perform the calculation of group and health insurance reserves, risk adjustment factors, and actuarial values for a given plan design • Assist with project planning, development of deliverables, and other technical writing exercises • Develop and project actuarial models using actuarial software • Program and manipulate database applications used in support of experience studies and other data management functions • Supervise and serve as a mentor to associate, new hires, and interns on engagements • Act as a liaison between clients and upper management • Identify and communicate technical matters to both clients and upper management Qualifications: • Minimum three years of recent actuarial work experience in a professional services environment working with an actuarial software package; minimum one year of experience with U.S. GAAP statutory financial reporting • Bachelor's degree from an accredited college/university with a strong academic background in actuarial science, applied statistics, financial analysis, insurance, and mathematics • Passed two actuarial exams • Ability to work on multiple projects and prioritize work without intensive direction from supervisors • Strong understanding of group and health insurance products; excellent working knowledge of spreadsheet software such as Microsoft Excel and data analytic software such as R • Must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. KPMG LLP will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa); ability to travel as necessary • Experience with financial reporting or modeling Medicaid, Medicare, ACA, group health, long term care, and/or supplemental health products KPMG LLP and its affiliates and subsidiaries ("KPMG") complies with all local/state regulations regarding displaying salary ranges. If required, the ranges displayed below or via the URL below are specifically for those potential hires who will work in the location(s) listed. Any offered salary is determined based on relevant factors such as applicant's skills, job responsibilities, prior relevant experience, certain degrees and certifications and market considerations. In addition, KPMG is proud to offer a comprehensive, competitive benefits package, with options designed to help you make the best decisions for yourself, your family, and your lifestyle. Available benefits are based on eligibility. Our Total Rewards package includes a variety of medical and dental plans, vision coverage, disability and life insurance, 401(k) plans, and a robust suite of personal well-being benefits to support your mental health. Depending on job classification, standard work hours, and years of service, KPMG provides Personal Time Off per fiscal year. Additionally, each year KPMG publishes a calendar of holidays to be observed during the year and provides eligible employees two breaks each year where employees will not be required to use Personal Time Off; one is at year end and the other is around the July 4th holiday. Additional details about our benefits can be found towards the bottom of our KPMG US Careers site at Benefits & How We Work . Follow this link to obtain salary ranges by city outside of CA: https://kpmg.com/us/en/how-we-work/pay-transparency.html/?id=CASM112_4_26 KPMG offers a comprehensive compensation and benefits package.

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