Manager, Actuarial Services

Kaiser Permanente; Oakland (CA); Hybrid; USD 166,100 - 214,940; Full time

Job summary

Kaiser Permanente is seeking a Managing Level Employee in Oakland, California, primarily responsible for developing financial risk recommendations and managing actuarial documentation. Candidates should have 7+ years of actuarial experience and leadership skills.

This full-time position offers a salary range of $166,100 - $214,940, with a flexible work arrangement at KP locations. A Bachelor's degree in mathematics or a related field is required, along with necessary actuarial certifications.

Qualifications

• Minimum seven years actuarial experience.
• Proven educational background in mathematics or related field.
• Strong analytical and leadership skills.

Responsibilities

• Develop and provide recommendations on avoiding financial risk.
• Complete actuarial documentation and financial reports.
• Lead collaboration with business partners and ensure compliance.

Skills

Actuarial experience

Financial analysis

Leadership

Collaboration

Education

Bachelor's degree in mathematics or related field

Associate of the Casualty Actuarial Society Certificate

Associate of the Society of Actuaries Certificate

Tools

Databases

Spreadsheets

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.

Minimum Qualifications

• Bachelor's 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.

Location

• Primary: California, Oakland, Ordway
• Additional: Pasadena, Portland, Atlanta, Rockville, Aurora, San Diego, Rosemont, Renton

Other Details

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: $166,100 - $214,940 per year (Kaiser Permanente is committed to pay equity and transparency. Actual pay determined at offer will be based on years of relevant work experience, education, certifications, skills and geographic location along with a review of current employees in similar roles to ensure that pay equity is achieved and maintained across Kaiser Permanente.)
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.

Kaiser Permanente is an equal opportunity employer committed to fair, respectful, and inclusive workplaces. Applicants will be considered for employment without regard to race, religion, sex, age, national origin, disability, veteran status, or any other protected characteristic or status.