Medicaid Actuarial Analyst
2 months ago
This is a remote position, but candidates must reside in states where Kaiser Permanente operates, including California, Colorado, Georgia, Hawaii, Illinois, Maryland, Oregon, Washington, and Virginia. As a key contributor to our team, you will be responsible for Medicaid capitation rate analyses, financial forecasting and budgeting, and data analytics.
Key Responsibilities:- Pursue self-development and effective relationships with colleagues and customers by sharing resources, information, and knowledge; 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.
- Complete work assignments by applying up-to-date knowledge in the 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.
- Support 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.
- Support 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.
- Assist with actuarial research by conducting literature reviews with limited direction on standards, assumptions, competition, and the legal and regulatory environment.
- Analyze financial risks and opportunities by applying basic actuarial methods; collecting data; and assisting with interpreting actuarial analyses.
- Support collaborations with peer-level business partners by translating actuarial constructs into non-technical explanations; and complying with the Actuarial Standards of Practice.
- Support 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.
- Bachelor's degree in mathematics or a 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.
- Three (3) years experience with databases and spreadsheets.
- Bachelor's degree in statistics, actuarial science, mathematics, engineering, or physics.
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