Senior Actuarial Associate Product Development, Rate Filing

Kaiser Permanente; Oakland (CA); Remote; USD 90,000 - 130,000; Full time

Job summary

A leading healthcare organization is seeking a Senior Actuarial Associate to focus on product development and financial risk analysis. This remote position requires expertise in actuarial methods, strong analytical skills, and collaboration with cross-functional teams. Candidates should have a Bachelor's degree in mathematics and at least six years of actuarial experience.

Qualifications

• Minimum six (6) years actuarial experience.
• Equivalent work experience may substitute for degree requirement.

Responsibilities

• Responsible for researching financial risk and developing actuarial documentation.
• Conducts product line evaluations and actuarial modeling.
• Collaborates with business partners to translate mathematical constructs into recommendations.

Skills

Actuarial analysis

Financial risk assessment

Product development

Collaboration

Education

Bachelor's degree in mathematics or related field

Associate of the Society of Actuaries Certificate

Associate of the Casualty Actuarial Society Certificate

Job description

Job Summary:

This position is remote however candidates must be located in one of our authorized states, CA, OR, WA, or CO.

This role will focus on new Product Development, rate filing, CA rate filing regulations. This individual contributor is primarily responsible for researching and determining the likelihood of financial risk to the organization, developing and designing actuarial documentation, conducting product line evaluation and actuarial modeling, and assessing and interpreting financial risk and opportunity analyses.

Essential Responsibilities:

+ Practices self-development and promotes learning in others by proactively providing information, resources, advice, and expertise with coworkers and customers; building relationships with cross-functional stakeholders; influencing others through technical explanations and examples; adapting to competing demands and new responsibilities; listening and responding to, seeking, and addressing performance feedback; providing feedback to others; creating and executing plans to capitalize on strengths and develop weaknesses; supporting team collaboration; and adapting to and learning from change, difficulties, and feedback.

+ Completes work assignments and supports business-specific projects by applying expertise in subject area; supporting the development of work plans to meet business priorities and deadlines; ensuring team follows all procedures and policies; coordinating resources to accomplish priorities and deadlines; collaborating cross-functionally to make effective business decisions; solving complex problems; escalating high priority issues or risks as appropriate; and recognizing and capitalizing on improvement opportunities.

+ Develops and designs actuarial documentation by completing the actuarial portion of financial reports and tax returns; and responses to insurance regulations.

+ Participates in product line evaluations by conducting and interpreting analysis of product line financials, pricing, reserve, valuation , cash flow analysis; and analyzing and interpreting product line performance, risk, and assumptions used in product development.

+ Utilizes actuarial research by implementing non-complex developments standards, assumptions, and the legal and regulatory environment.

+ Assesses, analyzes and interprets financial risks and opportunities by applying advanced actuarial methods; and conducting actuarial analyses.

+ Collaborates with business partners by translating mathematical constructs into actionable recommendations; and complying with the Actuarial Standards of Practice.

+ Develops and designs advanced actuarial models; assists with the development of alternative assumptions and forecasts using in-house models or actuarial software; and validates the results.

Minimum Qualifications:

+ Bachelors degree in mathematics or related field AND Minimum six (6) years actuarial experience. Additional equivalent work experience in a directly related field may be substituted for the degree requirement.

+ Associate of the Society of Actuaries Certificate OR Associate of the Casualty Actuarial Society Certificate

Additional Requirements:

COMPANY: KAISER

TITLE: Senior Actuarial Associate Product Development, Rate Filing

LOCATION: Oakland, California

REQNUMBER: 1303900

External hires must pass a background check/drug screen. Qualified applicants with arrest and/or conviction records will be considered for employment in a manner consistent with Federal, state and local laws, including but not limited to the San Francisco Fair Chance Ordinance. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, protected veteran, or disability status.