Cambia Health Solutions

Associate Actuary

Cambia Health Solutions$104K — $110K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in mathematics, actuarial science, statistics, economics, computer science, or related discipline.
  • At least four years of actuarial experience, or equivalent education and experience.
  • Completed or in-process requirements for Associateship in the Society of Actuaries (ASA).
  • Demonstrated analytical and problem-solving skills with a curiosity-driven approach.
  • Effective verbal and written communication abilities.
  • Proficiency in Microsoft Office Suite and coding languages (e.g., SQL, SAS, Alteryx).
  • Familiarity with relational databases and client-server concepts.

Responsibilities

  • Develop new methodologies and recommend process improvements to team management.
  • Present results to customers and review complex questions from regulators or clients.
  • Manage personal and team projects, creating workplans and documentation.
  • Conduct peer reviews of work products, ensuring quality and compliance with actuarial standards.
  • Interpret business requirements and develop detailed design specifications.
  • Write code or configuration to meet business requirements using approved technologies.
  • Create tests to validate proper implementation of business requirements.

Benefits

  • Hybrid work model (3 days/week in office).
  • Collaborative and supportive team environment.
  • Opportunity to engage in personal development planning.
  • Exposure to advanced AI tools and technologies for professional enhancement.
Full Job Description
Associate Actuary

Hybrid role (3 days/week in office) at our Renton office.

Every day, Cambia's dedicated team of Associate Actuary is living our mission to make health care easier and lives better. As a member of the Actuarial Analytics team, our The Associate Actuary leads and performs technical, analytical, reporting and support functions, collaborating with peers, management, and customers, to help the Cambia Actuarial and Healthcare Informatics departments and the company meet market and financial goals - all in service of creating a person-focused health care experience.

Do you have a passion for serving others and learning new things? Do you thrive as part of a collaborative, caring team? Then this role may be the perfect fit.

What You Bring to Cambia:

Qualifications: The Associate Actuary would have a bachelor's degree in mathematics, actuarial science, statistics, economics, computer science or related discipline, and at least four years of increasingly responsible actuarial job experience, or an equivalent combination of education and experience.

Skills and Attributes:
  • Completed requirements for Associateship in the Society of Actuaries (ASA), or in process with equivalent actuarial experience.
  • Demonstrated analytical and problem-solving skills; displays curiosity.
  • Demonstrated knowledge of insurance company functions, operations, and data.
  • Effective verbal and written communications.
  • Ability to work independently and in teams, as appropriate, for complex projects with significant risk and financial impacts.
  • Demonstrated technology expertise with Microsoft Office Suite and coding (e.g, SQL, SAS, Alteryx).
  • Familiarity with relational databases and client-server concepts.
  • Demonstrated computer skills using ETL, SQL coding and report tools.
  • Must be able to develop efficient and effective program and system solutions in solving business problems.
  • Ability to review, analyze, and enhance configuration/programming systems including coding, testing, and debugging.
  • Experience with AI tools and technologies to enhance productivity and decision-making in professional settings highly desired


What You Will Do at Cambia:
  • Develops new methodologies; recommends methodology, assumptions, or process improvements to team management; may perform actuarial certification duties.
  • Presents results to customers; effectively develops and reviews written responses to complex regulator or customer questions.
  • Demonstrated success with personal and team project management; develops workplans and documentation.
  • Performs peer review of regular and ad hoc work products, following department and team quality assurance standards; understands risk level of work products; ensures compliance with applicable Actuarial Standards of Practice.
  • Interprets business requirements and develops design specifications.
  • Writes code or configuration to implement business requirements using approved technologies.
  • Develops tests to validate correct implementation of the business requirements.
  • Effectively manages work and study time; actively manages own development plan.


Work Environment
  • Travel may be required, either locally or out of state
  • May be required to work outside of normal business hour


Washington: The expected hiring range is $104,000 - $110,000, the full salary range is $104,000.00 - $171,000.00 and the bonus target is 15%.

About Cambia Health Solutions

Cambia Health Solutions is a nonprofit healthcare company that provides health insurance, healthcare services, and technology solutions to individuals and organizations. The company was founded in 1917 and is headquartered in Portland, Oregon. Cambia Health Solutions operates in several states, including Oregon, Washington, Idaho, and Utah. The company's subsidiaries include Regence BlueCross BlueShield, BridgeSpan Health, and Asuris Northwest Health. Cambia Health Solutions is committed to improving the health and well-being of its members, and has received numerous awards for its innovative solutions.
Learn more about Cambia Health Solutions
Size
5,000 employees
Industry
Founded
1996

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