Actuarial Analyst II

Kaiser Permanente; Reno (NV); On-site; USD 70,000 - 100,000; Full time

Job summary

Kaiser Permanente is seeking an actuarial-analyst contributor to support financial risk assessment, actuarial documentation review, and product line evaluations. You will engage in data-driven analyses and collaborate across teams to ensure accuracy and compliance.

The role involves assisting with actuarial modeling, literature reviews, and interpretation of results for stakeholders, while pursuing professional actuarial exams.

Qualifications

• Bachelor's degree in mathematics or related field and at least two years actuarial experience.
• Passed at least 4 actuarial exams toward an ASA or ACAS certification.
• Ability to translate actuarial concepts for non-technical audiences.

Responsibilities

• Pursues self-development and builds effective relationships by sharing resources and knowledge with colleagues and customers.
• Completes projects by applying up-to-date actuarial knowledge and collaborating cross-functionally to meet deadlines.
• Supports actuarial documentation by reviewing actuarial portions of financial reports and tax returns for accuracy.
• Assists with product line evaluations by analyzing financials, pricing, reserves, valuation, and cash flows.
• Conducts actuarial literature reviews to support research and standards.
• Analyzes financial risks and opportunities using actuarial methods and data.
• Translates actuarial concepts for non-technical partners and adheres to actuarial standards of practice.
• Learns and applies actuarial models and validates data in modeling efforts.

Skills

Actuarial analysis

Data analysis

Cross-functional collaboration

Communication skills

Education

Bachelor's degree in mathematics or related field

Actuarial exams toward ASA/ACAS (4+)

Tools

Actuarial software

Job description

Job Summary:

This individual contributor is primarily responsible for providing support for researching and determining the likelihood of financial risk to the organization, reviewing actuarial documentation for accuracy, supporting product line evaluation and actuarial modeling, and supporting financial risk and opportunity analyses.

Essential Responsibilities:

• Pursues self-development and effective relationships with others by sharing resources, information, and knowledge with coworkers and customers; listening, responding to, and seeking performance feedback; acknowledging strengths and weaknesses; assessing and responding to the needs of others; and adapting to and learning from change, difficulties, and feedback.
• Completes work assignments by applying up-to-date knowledge in subject area to meet deadlines; following procedures and policies and applying data, and resources to support projects or initiatives; collaborating with others, often cross-functionally, to solve business problems; supporting the completion of priorities, deadlines, and expectations; communicating progress and information; identifying and recommending ways to address improvement opportunities when possible; and escalating issues or risks as appropriate.
• Supports actuarial documentation by assisting with the preparation and review for accuracy of the actuarial portion of financial reports and tax returns; and responses to insurance regulations.
• Supports product line evaluations by assisting with analysis of product line financials, pricing, reserve, valuation , cash flow analysis; and documenting product line performance, risk, and assumptions used in product development.
• Assists with actuarial research by conducting literature reviews with limited direction on standards, assumptions, competition, and the legal and regulatory environment.
• Analyzes financial risks and opportunities by applying basic actuarial methods; collecting data; and assisting with interpreting actuarial analyses.
• Supports collaborations with peer-level business partners by translating actuarial constructs into non-technical explanations; and complying with the Actuarial Standards of Practice.
• Supports actuarial modeling by learning and using actuarial models; assisting with the application of alternative assumptions and forecasts using in-house models or actuarial software; and validating the data.

Minimum Qualifications:

• Bachelors degree in mathematics or related field AND Minimum two (2) years actuarial experience. Additional equivalent work experience in a directly related field may be substituted for the degree requirement.
• Passed at least 4 actuarial exams toward an ASA or ACAS certification.