Apply on Employer Site

Kaiser Permanente · 2 weeks ago

Actuarial Analyst II Medicare Part D

Oakland, CA

Full-time

Onsite

Entry, Mid Level

2+ years exp

Kaiser Permanente is seeking an Actuarial Analyst II for their Medicare Part D program. The role involves building and maintaining the Part D pricing model, developing bid assumptions, and conducting analyses to support strategic decision-making regarding financial risks and opportunities.

Health CareHospitalMental HealthNon ProfitPersonal Health

Comp. & Benefits

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

Qualification

Actuarial ModelingStatistical Programming LanguageMathematicsActuarial ExamsHealth Care IndustryAnalytical SkillsProject ManagementCommunicationProblem SolvingTeamwork

Required

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