Kaiser Permanente

Manager, Actuarial Services

Kaiser Permanente$169K — $219K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in mathematics or related field; equivalent experience may substitute for degree
  • Minimum seven (7) years actuarial experience
  • Associate of the Casualty Actuarial Society or Society of Actuaries certificate
  • Two (2) years supervisory experience preferred
  • Six (6) years experience with databases and spreadsheets preferred

Responsibilities

  • Develop recommendations for mitigating financial risk
  • Lead actuarial documentation and ensure fiscal compliance
  • Design product line evaluations based on financial analysis
  • Create frameworks for new actuarial models
  • Manage team performance and foster talent development
  • Collaborate with business partners to translate actuarial insights

Benefits

  • Flexible work location with a mix of onsite and remote options
  • Collaborative work environment focused on professional growth
  • Commitment to diversity, equity, and inclusion
  • Opportunities for training and development
  • Support for achieving performance improvement goals
Full Job Description
Job Summary:

This managing level employee is primarily responsible for developing and providing recommendations on avoiding financial risk to the organization, leading the completion of actuarial documentation, developing and designing product line evaluations and new or advanced actuarial models, and assessing, analyzing, and interpreting financial risk and opportunity for presentation to mid-level stakeholders.

Essential Responsibilities:

  • Pursues professional growth and provides developmental opportunities for others by soliciting and acting on performance feedback; building collaborative, cross-functional relationships; training and developing talent for growth opportunities; delegating tasks and decisions; fostering open dialogue amongst team members; executing performance management guidelines and expectations; and working closely with employees to set goals and provide open feedback and coaching to drive performance improvement.
  • Manages designated work unit by translating business plans into tactical action items; ensuring all policies and procedures are followed; delegating tasks to meet goals and objectives; overseeing the completion of work assignments; aligning team efforts; building accountability for and measuring progress in achieving results; identifying and addressing improvement opportunities; removing obstacles that impact performance; and guiding performance and developing contingency plans accordingly.
  • Completes actuarial documentation by reviewing and coordinating the actuarial portion of financial reports and tax returns, and responses to insurance regulations; recommending report needs; and presenting results internally to mid-level leadership.
  • Develops and designs product line evaluations by interpreting and communicating findings of analysis of product line financials, pricing, reserve, valuation , cash flow analysis; interpreting product line performance, risk, and assumptions used in product development; and coaches and develops staff while ensuring business needs or requirements are met.
  • Designs and develops actuarial research by designing complex methods to advance standards, assumptions, and the legal and regulatory environment; and ensuring staff completes activities.
  • Assesses, analyzes and interprets financial risks and opportunities by using non-traditional actuarial methods and actuarial judgment when conducting actuarial analyses; and coaches and develops staff while ensuring business needs or requirements are met.
  • Leads collaboration with business partners by translating complex actuarial constructs into actionable recommendations; and developing and formulating accurate actuarial and financial advice in compliance with the Actuarial Standards of Practice; and coaches and develops staff while ensuring business needs or requirements are met.
  • Creates framework and assumptions for new, existing, and non-traditional actuarial models to meet business needs; and coaches and develops staff while ensuring business needs or requirements are met.
Knowledge, Skills and Abilities: (Core)
  • Ambiguity/Uncertainty Management
  • Attention to Detail
  • Business Knowledge
  • Communication
  • Constructive Feedback
  • Critical Thinking
  • Cross-Group Collaboration
  • Decision Making
  • Dependability
  • Diversity, Equity, and Inclusion Support
  • Drives Results
  • Facilitation Skills
  • Health Care Industry
  • Influencing Others
  • Integrity
  • Leadership
  • Learning Agility
  • Organizational Savvy
  • Problem Solving
  • Short- and Long-term Learning & Recall
  • Strategic Thinking
  • Team Building
  • Teamwork
  • Topic-Specific Communication

Knowledge, Skills and Abilities: (Functional)
  • Analytical Skills
  • Client Focus
  • Debugging and Troubleshooting
  • Demonstrating Personal Flexibility
  • Economics
  • Getting Work Done Through Others
  • Initiative
  • Maintain Files and Records
  • Managing Diverse Relationships
  • Mathematics
  • Negotiation
  • Organizational Skills
  • Project Management
  • Statistical Programming Language
  • Stress Tolerance
  • Technical Communication
  • Trust

Minimum Qualifications:

  • Bachelors degree in mathematics or related field AND Minimum seven (7) years actuarial experience. Additional equivalent work experience in a directly related field may be substituted for the degree requirement.

  • Associate of the Casualty Actuarial Society Certificate OR Associate of the Society of Actuaries Certificate
Preferred Qualifications:
  • Two (2) years supervisory experience.
  • Six (6) years experience with databases and spreadsheets.


Primary Location: California,Oakland,Ordway Additional Locations:
  • Portland, OR
  • Pasadena, CA
  • San Diego, 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: Manager with Direct Reports
Department: Po/Ho Corp - HP PROD MGMT-Actuarial SVCS - 0308
Pay Range: $169800 - $219670 / 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.

About Kaiser Permanente

Kaiser Permanente is a healthcare organization that provides health insurance and medical care to members in several states across the United States. The organization was founded in 1945 and is headquartered in Oakland, California. Kaiser Permanente operates hospitals, medical centers, and clinics, and offers a range of services including primary care, specialty care, and emergency care. The organization is known for its integrated healthcare model, which combines health insurance and medical care in a single system. Kaiser Permanente is also committed to promoting health equity and addressing social determinants of health, such as housing and food insecurity.
Learn more about Kaiser Permanente
Size
217,000 employees
Industry
Founded
1945

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