Actuarial Analyst

Job Summary This role will build and maintain the Part D pricing model, develop Part D bid assumptions, and support analyses to drive strategic decision making. Individual contributor is primarily responsible for researching and determining the likelihood of financial risk to the organization, preparing and reviewing actuarial documentation for accuracy, and conducting product line evaluation, actuarial modeling, and financial risk and opportunity analyses. Essential Responsibilities Practices self-development and promotes learning in others by proactively providing information, resources, advice, and expertise with coworkers and customers; building relationships with cross-functional stakeholders; influencing others through technical explanations and examples; adapting to competing demands and new responsibilities; listening and responding to, seeking, and addressing performance feedback; providing feedback to others; creating and executing plans to capitalize on strengths and develop weaknesses; supporting team collaboration; and adapting to and learning from change, difficulties, and feedback. Completes work assignments and supports business-specific projects by applying expertise in subject area; supporting the development of work plans to meet business priorities and deadlines; ensuring team follows all procedures and policies; coordinating resources to accomplish priorities and deadlines; collaborating cross-functionally to make effective business decisions; solving complex problems; escalating high priority issues or risks as appropriate; and recognizing and capitalizing on improvement opportunities. Develops and designs actuarial documentation by completing the actuarial portion of financial reports and tax returns; and responding to insurance regulations. Participates in product line evaluations by conducting and interpreting analysis of product line financials, pricing, reserve, valuation, cash flow analysis; and analyzing and interpreting product line performance, risk, and assumptions used in product development. Utilizes actuarial research by implementing non-complex development standards, assumptions, and the legal and regulatory environment. Assesses, analyzes and interprets financial risks and opportunities by applying advanced actuarial methods; and conducting actuarial analyses. Collaborates with business partners by translating mathematical constructs into actionable recommendations; and complying with the Actuarial Standards of Practice. Develops and designs advanced actuarial models; assists with the development of alternative assumptions and forecasts using in-house models or actuarial software; and validates the results. Knowledge, Skills and Abilities (Core) Ambiguity/Uncertainty Management Attention to Detail Business Knowledge Communication Critical Thinking Cross-Group Collaboration Decision Making Dependability Diversity, Equity, and Inclusion Support Drives Results Facilitation Skills Health Care Industry Influencing Others Integrity Learning Agility Organizational Savvy Problem Solving Short- and Long-term Learning & Recall Teamwork Topic-Specific Communication Knowledge, Skills and Abilities (Functional) Analytical Skills Client Focus Debugging and Troubleshooting Demonstrating Personal Flexibility Economics Getting Work Done Through Others Initiative Maintain Files and Records Managing Diverse Relationships Mathematics Organizational Skills Project Management Statistical Programming Language Stress Tolerance Trust Minimum Qualifications Bachelors degree in mathematics or related field AND Minimum six (6) years actuarial experience. Additional equivalent work experience in a directly related field may be substituted for the degree requirement. Associate of the Society of Actuaries Certificate OR Associate of the Casualty Actuarial Society Certificate Preferred Qualifications One (1) year experience in a leadership role with or without direct reports. Five (5) years experience with databases and spreadsheets. Primary Location California, Oakland, Ordway Additional Locations Portland Atlanta Rockville Pasadena Aurora San Diego Rosemont Renton Work Schedule 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: Flexible Employee Status: Regular Employee Group/Union Affiliation: NUE-PO-01|NUE|Non Union Employee Job Level: Individual Contributor Department: Po/Ho Corp - HP PROD MGMT-Actuarial SVCS - 0308 Pay Range $154000 - $199210 / year Kaiser Permanente is committed to pay equity and transparency. The posted pay range is based on possible base salaries for the role and does not include the value of our total rewards package. Actual pay determined at offer will be based on years of relevant work experience, education, certifications, skills and geographic location along with a review of current employees in similar roles to ensure that pay equity is achieved and maintained across Kaiser Permanente. Travel No Flexible Work Location Work location is on-site at a KP location, with the flexibility to work from home. Worker location must align with Kaiser Permanente's Authorized States policy. Equal Opportunity Statement 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. #J-18808-Ljbffr