Senior Actuary - Pharmacy
Hybrid role (3 days/week in office) at our Salt Lake City, Boise, Fargo, Portland, Vancouver, Renton, Medford, Burlington, Lewiston, Springdale and Little Rock offices. Preference will be given to current employees and candidates who reside within a commutable distance from our Salt Lake City, Boise, Fargo, Lewiston, Springdale and Little Rock offices or who are willing to relocate.
Who We Are Looking For:
Every day, Cambia's dedicated team of Senior Actuary - Pharmacy is living our mission to make health care easier and lives better. As a member of the Actuarial team, our Senior Actuary manages 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 Senior Actuary would have a bachelor's degree in mathematics, actuarial science, statistics, economics, computer science or related discipline, with at least eight years of increasingly responsible actuarial job experience, or an equivalent combination of education and experience.
Required Licenses, Certifications, Registration, Etc.
• Associate, Society of Actuaries (ASA) or Fellow, Society of Actuaries (FSA)
Skills and Attributes:
• Achieved Associateship in the Society of Actuaries (ASA) with Fellowship (FSA) preferred.
• Demonstrated actuarial experience in health insurance pricing, valuation, financial reporting, cost analysis and/or provider analytics.
• Demonstrated expert knowledge of insurance company functions, operations, and data.
• Applies sound professional judgment in ambiguous situations.
• Ability to represent the Division as a leadership presence in external meetings with vendors, business partners, or regulators, and internal, cross-functional meetings.
• Ability to work independently and in teams, as appropriate, on complex projects with significant risk and financial impacts; demonstrated project management experience.
• Demonstrated technology expertise with Microsoft Office Suite and coding (e.g, SQL, SAS, Alteryx).
• Experience with AI tools and technologies to enhance productivity and decision-making in professional settings highly desired
What You Will Do at Cambia:
• Ability to drive strategic projects in the company and influence on cross-functional workgroups and key initiatives as actuarial representative.
• Contributes to knowledge-sharing and team development; develops new methodologies; recommends methodology, assumptions, or process improvements to team management; performs actuarial certification duties.
• Delivers complex messages to all organizational levels and customers; effectively develops and reviews written responses to complex regulator or customer questions.
• Manages complex team projects and coaches; develops workplans; ensures documentation is developed and maintained; mentors junior staff and interns.
• 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.
Work Environment
• Travel may be required, either locally or out of state
• May be required to work outside of normal business hours
Pay ranges vary based on the candidate's work location. The expected hiring range depends on skills, experience, education, and training; relevant licensure / certifications; and performance history.
National pay structure - applies to the Boise and Lewiston, ID; Salt Lake City, UT, Oregon and Washington. The expected salary range is $164,900.00 - $223,100.00. The full salary range is $155,000.00 - $253,000.00 and the bonus target is 18%.
Regional pay structure - applies to North Dakota and Arkansas, as well as Idaho and Utah locations outside the metro areas listed above: The expected salary range is $148,410.00 - $200,790.00. The full salary range is $139,000.00 - $227,000.00 and the bonus target is 18%.