Kaiser Permanente Senior Actuarial Associate in Oakland, California
Provide actuarial services to develop best-practice actuarial models and promote implementation Program-wide. Maintain accountability for the development of the organization's rate structure, maintenance of adequate reserves, and development of new products. Provide data/analytic expertise to support actuarial services including financial reporting, trend analysis, utilization studies, rate development and claims liability estimates.
Essential Functions: - Evaluates product line performance and the risk and appropriateness of assumptions used in product development. - Initiates and designs high priority primary research activities on behalf of clients. - Addresses opportunities for process improvements and influencing change. - Works on projects that require more complex planning and direction setting with diverse and multiple stakeholders. - Analyzes the financial risks for various asset/liability matching scenarios and monitors the appropriateness of reserves. Serves as an expert on the current health care market. - Helps identify key gaps in knowledge and needed research for Program and Regions. - Guides clients away from redundant, non-strategic, cost-ineffective research. - Sets priorities for all ad-hoc projects and analyses with key clients. - Assists clients in strategic planning, marketplace analysis, estimating growth potential, product research, image and reputation analysis, brand building, and service performance and improvements. - Makes initial determinations on reserves, dividend allocations, and surplus forecasts.
Qualifications: Basic Qualifications: Experience - Five (5) years of actuarial experience. Education - Bachelor's degree in mathematics, statistics, computer science. License, Certification, Registration - Belongs to the Society of Actuaries with the designation of ASA (Associate).
Additional Requirements: - Ability to manage large, complex projects and oversee multiple projects at the same time. - Ability to apply advanced actuarial methodologies and their applications to solve business problems. - Ability to apply advanced principles, theories, and concepts and explain to clients. - Strong familiarity with the internal and external statistical plans and sources of data, and the use of spreadsheet applications. - Must be able to work in a Labor/Management Partnership environment.
Preferred Qualifications: - Experience in both actuarial and business operations preferred.
COMPANY Kaiser PermanenteTITLE Senior Actuarial AssociateLOCATION Oakland, CAREQNUMBER 624796
External hires must pass a background check/drug screen. Qualified applicants with arrest and/or conviction records will be considered for employment in a manner consistent with Federal, state and local laws, including but not limited to the San Francisco Fair Chance Ordinance. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, protected veteran, or disability status.