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Kaiser Permanente · 2 months ago

Actuarial Analyst III Medicare

California-Oakland-Ordway

Full-time

Onsite

Mid Level

4+ years exp

Kaiser Permanente is seeking an Actuarial Analyst III Medicare to research and determine the likelihood of financial risk to the organization. The role involves preparing and reviewing actuarial documentation, conducting product line evaluations, and performing financial risk analyses.

Health CareHospitalMental HealthNon ProfitPersonal Health

Comp. & Benefits

Responsibilities

Pursues self-development and effective relationships with others by proactively providing resources, information, advice, and expertise with coworkers and customers; influencing others through technical explanations and examples; providing occasional mentoring to team members; listening and responding to, seeking, and addressing performance feedback; creating plans to capitalize on strengths and develop weaknesses; anticipating 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 expertise in subject area to generate creative solutions; ensuring all procedures and policies are followed; leveraging an understanding of data, and resources to support projects or initiatives; collaborating cross-functionally to solve business problems; identifying and monitoring priorities, deadlines, and expectations; communicating progress and information; identifying, recommending, and implementing ways to address improvement opportunities; and escalating issues or risks as appropriate

Supports actuarial documentation by preparing and reviewing for accuracy and reasonability the actuarial portion of financial reports and tax returns; and responses to insurance regulations

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

Stays abreast of actuarial research by examining developments in standards, assumptions, competition, and the legal and regulatory environment

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

Supports collaborations with business partners by understanding the business needs; translating actuarial constructs into non-technical recommendations; and complying with the Actuarial Standards of Practice

Supports actuarial modeling by developing and enhancing actuarial models; assisting with the development of alternative assumptions and forecasts using in-house models or actuarial software; and assisting with validating the data and results

Qualification

Actuarial modelingFinancial risk analysisActuarial documentationMathematics degreeActuarial certifications

Required

Bachelors degree in mathematics or related field AND Minimum four (4) 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