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Kaiser Permanente · 2 weeks ago

Actuarial Analyst IV Medicare Part D

California-Oakland-Ordway

Full-time

Onsite

Senior Level

6+ years exp

Kaiser Permanente is seeking an Actuarial Analyst IV for their Medicare Part D team. The role involves building and maintaining pricing models, developing bid assumptions, and conducting analyses to inform strategic decision-making while evaluating financial risks and opportunities.

Health CareHospitalMental HealthNon ProfitPersonal Health

Comp. & Benefits

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

Qualification

Actuarial modelingFinancial risk analysisActuarial documentationMathematics degreeActuarial certifications

Required

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