Kaiser Permanente
Actuarial Associate
Kaiser Permanente, Pasadena, California, United States, 91122
Job Summary:This position is remote; however, candidates must reside within the States that we operate in, which include California, Colorado, Georgia, Hawaii, Illinois, Maryland, Oregon, Washington, and Virginia.
This individual contributor is part of the Analytics Insights Team, sitting within KP’s Markets Outside California Health Plan Analytics Team (an 80-strong group covering a broad array of analytics from care continuum performance to network optimization). The Analytic Insights team is a small group of senior consultants tasked with connecting each market’s financial performance with its strategies (spanning care delivery operations, network management, product strategy). As a member of this team, this person will work closely with senior consultants to facilitate analyses, provide technical support, and assist in communicating insights, applying their understanding of healthcare economics and health plan functions, technical analytical skills, comfort pulling and analyzing large datasets, and a collaborative mindset with the desire to develop analytic and consultative skills.
We are a growing team delivering new analytical capabilities and engaging with senior leaders who are excited by the work. The Analytics Insights team is a diverse and high-performing group with experience from different parts of KP, and from non-KP health plans and delivery systems. This role provides an excellent opportunity for individuals who are passionate about analytics and seeking to develop their skills in a supportive and dynamic team environment. We welcome candidates who are eager to contribute to our mission of driving strategic insights to improve healthcare strategy.
Essential Responsibilities:Pursues self-development and effective relationships with others by proactively providing resources, information, advice, and expertise with coworkers and customers; influencing others through technical explanations and examples; providing occasional mentoring to team members; listening and responding to, seeking, and addressing performance feedback; creating plans to capitalize on strengths and develop weaknesses; anticipating 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 expertise in subject area to generate creative solutions; ensuring all procedures and policies are followed; leveraging an understanding of data, and resources to support projects or initiatives; collaborating cross-functionally to solve business problems; identifying and monitoring priorities, deadlines, and expectations; communicating progress and information; identifying, recommending, and implementing ways to address improvement opportunities; and escalating issues or risks as appropriate.Supports actuarial documentation by preparing and reviewing for accuracy and reasonability the actuarial portion of financial reports and tax returns; and responses to insurance regulations.Participates in product line evaluations by conducting analysis of product line financials, pricing, reserve, valuation, cash flow analysis; and analyzing product line performance, risk, and assumptions used in product development.Stays abreast of actuarial research by examining developments in standards, assumptions, competition, and the legal and regulatory environment.Assesses, analyzes, and interprets financial risks and opportunities by applying actuarial methods; and conducting actuarial analyses.Supports collaborations with business partners by understanding the business needs; translating actuarial constructs into non-technical recommendations; and complying with the Actuarial Standards of Practice.Supports actuarial modeling by developing and enhancing actuarial models; assisting with the development of alternative assumptions and forecasts using in-house models or actuarial software; and assisting with validating the data and results.Minimum Qualifications:Bachelor's degree in mathematics or related field AND Minimum four (4) years actuarial experience. Additional equivalent work experience in a directly related field may be substituted for the degree requirement.Associate of the Casualty Actuarial Society Certificate OR Associate of the Society of Actuaries Certificate.Additional Requirements:#J-18808-Ljbffr
This individual contributor is part of the Analytics Insights Team, sitting within KP’s Markets Outside California Health Plan Analytics Team (an 80-strong group covering a broad array of analytics from care continuum performance to network optimization). The Analytic Insights team is a small group of senior consultants tasked with connecting each market’s financial performance with its strategies (spanning care delivery operations, network management, product strategy). As a member of this team, this person will work closely with senior consultants to facilitate analyses, provide technical support, and assist in communicating insights, applying their understanding of healthcare economics and health plan functions, technical analytical skills, comfort pulling and analyzing large datasets, and a collaborative mindset with the desire to develop analytic and consultative skills.
We are a growing team delivering new analytical capabilities and engaging with senior leaders who are excited by the work. The Analytics Insights team is a diverse and high-performing group with experience from different parts of KP, and from non-KP health plans and delivery systems. This role provides an excellent opportunity for individuals who are passionate about analytics and seeking to develop their skills in a supportive and dynamic team environment. We welcome candidates who are eager to contribute to our mission of driving strategic insights to improve healthcare strategy.
Essential Responsibilities:Pursues self-development and effective relationships with others by proactively providing resources, information, advice, and expertise with coworkers and customers; influencing others through technical explanations and examples; providing occasional mentoring to team members; listening and responding to, seeking, and addressing performance feedback; creating plans to capitalize on strengths and develop weaknesses; anticipating 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 expertise in subject area to generate creative solutions; ensuring all procedures and policies are followed; leveraging an understanding of data, and resources to support projects or initiatives; collaborating cross-functionally to solve business problems; identifying and monitoring priorities, deadlines, and expectations; communicating progress and information; identifying, recommending, and implementing ways to address improvement opportunities; and escalating issues or risks as appropriate.Supports actuarial documentation by preparing and reviewing for accuracy and reasonability the actuarial portion of financial reports and tax returns; and responses to insurance regulations.Participates in product line evaluations by conducting analysis of product line financials, pricing, reserve, valuation, cash flow analysis; and analyzing product line performance, risk, and assumptions used in product development.Stays abreast of actuarial research by examining developments in standards, assumptions, competition, and the legal and regulatory environment.Assesses, analyzes, and interprets financial risks and opportunities by applying actuarial methods; and conducting actuarial analyses.Supports collaborations with business partners by understanding the business needs; translating actuarial constructs into non-technical recommendations; and complying with the Actuarial Standards of Practice.Supports actuarial modeling by developing and enhancing actuarial models; assisting with the development of alternative assumptions and forecasts using in-house models or actuarial software; and assisting with validating the data and results.Minimum Qualifications:Bachelor's degree in mathematics or related field AND Minimum four (4) years actuarial experience. Additional equivalent work experience in a directly related field may be substituted for the degree requirement.Associate of the Casualty Actuarial Society Certificate OR Associate of the Society of Actuaries Certificate.Additional Requirements:#J-18808-Ljbffr