L.A. Care Health Plan · 4 hours ago
Actuary III
Los Angeles, CA
Full-time
Onsite
Senior Level
$146K/yr - $241K/yr
7+ years expL.A. Care Health Plan is the nation’s largest publicly operated health plan, dedicated to providing health coverage to low-income residents of Los Angeles County. The Actuary III plays a crucial role in driving financial accuracy and analytical rigor by leading complex actuarial analyses and modeling efforts to support the company's financial reporting and rate development processes.
FitnessGovernmentHealth Care
Responsibilities
Assist in monthly financial reporting by preparing, reviewing, and validating actuarial inputs
Perform data-intensive and complex actuarial analyses to inform business decisions and identify emerging trends
Lead critical actuarial modeling projects across all LOBs, ensuring accuracy and innovation in methodologies
Identify, design, and implement key actuarial reports that require routine updates to support ongoing business needs
Train and mentor actuarial staff, fostering professional growth and ensuring consistency in actuarial practices
Provide expert actuarial input into rate development, supporting competitive and financially sound pricing strategies
Contribute to other actuarial and cross-functional projects as needed, offering analytical expertise and business acumen
Apply subject matter expertise in evaluating business operations and processes
Identify areas where technical solutions would improve business performance
Consult across business operations, provide mentorship, and contribute specialized knowledge
Ensure that the facts and details are correct so that the program's deliverable meets the needs of the department, organization and legislation's policies, standards, and best practices
Provide training and recommend process improvements as needed
Perform other duties as needed
Qualification
Required
Bachelor's Degree in Statistics or Related Field
At least 7 years of experience in the Actuarial Department of a health insurance, Health Maintenance Organization (HMO), health plan, or government health company
Advanced actuarial modeling skills with expertise in forecasting, risk adjustment, rate setting, and financial projection methodologies
Ability to interpret large, complex data sets and translate findings into actionable insights for executive decision-making
Skilled at developing and improving actuarial methodologies, models, and documentation to enhance accuracy, efficiency, and audit readiness
Strong ability to translate complex actuarial concepts into clear, concise narratives for non-actuarial stakeholders
Ability to manage multiple priorities in a fast-paced environment while ensuring accuracy and timeliness of deliverables
Advanced analytical skills
Advanced knowledge and skills in Excel
Proficient in software and programming tools such as SQL, Python, R, and SAS
Excellent verbal, written and interpersonal communication skills
Attainment of Associateship in the Society of Actuaries (ASA) and Membership in the American Academy of Actuaries (MAAA) or at least 4 Associate exams passed
Benefits
Paid Time Off (PTO)
Tuition Reimbursement
Retirement Plans
Medical, Dental and Vision
Wellness Program
Volunteer Time Off (VTO)
Company
L.A. Care Health Plan
L.A. Care’s mission is to provide access to quality health care for L.A.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Melanie Rainer
Chief Strategy and Transformation Officer
Recent News
2026-01-17
MarketScreener
2025-08-27
Company data provided by crunchbase