This individual contributor is primarily responsible for providing support for researching and determining the likelihood of financial risk to the organization, reviewing actuarial documentation for accuracy, supporting product line evaluation and actuarial modeling, and supporting financial risk and opportunity analyses.
Essential 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.
- 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.
Additional Requirements:
Preferred Qualifications:
- Three (3) years experience with databases and spreadsheets.
- Bachelor's degree in statistics, actuarial science, mathematics , engineering, or physics.
Primary Location: California,Oakland,Ordway
Scheduled Weekly Hours: 40
Shift: Day
Workdays: Mon, Tue, Wed, Thu, Fri
Working Hours Start: 08:00 AM
Working Hours End: 05:00 PM
Job Schedule: Full-time
Job Type: Standard
Worker Location: Remote
Employee Status: Regular
Employee Group/Union Affiliation: NUE-PO-01|NUE|Non Union Employee
Job Level: Individual Contributor
Department: Actuarial SVCS
Pay Range: $101200 - $130900 / year
Travel: No Kaiser Permanente is an equal opportunity employer committed to fair, respectful, and inclusive workplaces. Applicants will be considered for employment without regard to race, religion, sex, age, national origin, disability, veteran status, or any other protected characteristic or status.
Working at
Kaiser Permanente
Kaiser Permanente, a distinguished healthcare organization, offers exceptional actuarial career opportunities for talented professionals in the field. With a strong commitment to delivering high-quality care and innovative solutions, Kaiser Permanente is at the forefront of the industry. Actuaries at Kaiser Permanente play a vital role in analyzing complex data, assessing risks, and making informed financial decisions. By utilizing their expertise, actuaries contribute to the organization's long-term sustainability and help shape the future of healthcare. Kaiser Permanente provides a collaborative and supportive environment for actuaries to thrive. The organization recognizes the value of continuous professional development and offers ample opportunities for growth and advancement. Actuaries at Kaiser Permanente have access to cutting-edge tools, technologies, and resources to enhance their analytical capabilities and make data-driven decisions. Joining the team at Kaiser Permanente means becoming part of a renowned institution that values excellence and innovation. Actuaries have the chance to work alongside industry experts and make a meaningful impact on the healthcare landscape. If you are a talented actuary seeking a rewarding and impactful career in healthcare, Kaiser Permanente offers a dynamic and fulfilling environment where your skills and expertise can flourish. Take the next step in your actuarial journey with Kaiser Permanente and be part of a team that is revolutionizing healthcare through actuarial science.