Actuarial Analyst I

1 week ago


Oakland, California, United States Kaiser Permanente Full time
Job Summary:
This role is responsible for assisting in researching and determining the likelihood of financial risk to the organization, supporting actuarial documentation, product line evaluation, and actuarial modeling, and assisting in financial risk and opportunity analyses.

Key Responsibilities:

  1. Pursue self-development and effective relationships with others by sharing information with coworkers and customers; listening and responding to performance feedback; acknowledging strengths and weaknesses; and adapting to and learning from change, difficulties, and feedback.
  2. Complete work assignments by following procedures and policies and using data, and resources; collaborating with others to address business problems; adhering to established priorities, deadlines, and expectations; communicating progress and information; occasionally identifying and recommending ways to address improvement opportunities; and escalating issues or risks as appropriate.
  3. Support actuarial documentation by assisting with preparation of the actuarial portion of financial reports and tax returns, and responses to insurance regulations.
  4. Support product line evaluations by assisting with analysis of product line financials, valuation, cash flow analysis.
  5. Assist with actuarial research by conducting literature reviews on common standards, assumptions, competition and the legal and regulatory environment.
  6. Assist with analysis of financial risks and opportunities by applying actuarial methods; collecting data; and assisting with actuarial analyses.
  7. Support collaborations with peer-level business partners by translating basic actuarial constructs into non-technical explanations; and complying with the Actuarial Standards of Practice.
  8. Support actuarial modeling by learning and using actuarial models; and assisting with the application of alternative assumptions and forecasts using in-house models or actuarial software.
Requirements:

  1. Bachelor's degree in mathematics or related field. Additional equivalent work experience in a directly related field may be substituted for the degree requirement.
  2. Passed at least 1 actuarial exam toward an ASA or ACAS certification.
Preferred Qualifications:

  1. Two (2) years experience with databases and spreadsheets.
  2. Bachelor's degree in statistics, actuarial science, mathematics, engineering, or physics.

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