Kaiser Permanente
Actuarial Associate(Job Number: 319924)
No matter what your job title, the work you do at Kaiser Permanente supports
the health and well-being of the millions of men, women, and children who
turn to us for care. That�s because all of us�from our
talented corporate and business professionals to our care delivery experts
who meet the needs of our members every day�are committed to
providing the best possible care experience. With locations across the
United States, we offer the opportunity to build a rewarding career in an
environment that supports your success. Join us and put your beliefs into
practice.
Description
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
• Develops insurance rates, rating systems, and rating structures for
groups.
• Acts as Project lead on actuarial studies, pricing strategies and
policies. Projects require complex planning and direction setting with
actuarial team members.
• Provides guidance and support to in answering questions about the
marketplace.
• Utilizes advanced actuarial concepts to develop procedures, conduct
research, and make recommendations to management.
• Defines scope, coordinates, and assures completion of major projects.
• Initiates contact with management and alerts them to critical issues.
• Communicates, interprets, and presents key findings and implications
/recommendations to Actuarial leadership.
• Reviews work of others for actuarial soundness.
• Provides actuarial information to produce revenue forecasts and
financial reports.
• Stays aware of emerging issues affecting product lines.
Qualifications
Basic Qualifications:
Experience
• Minimum four (4) years of 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:
• Advanced knowledge of actuarial statistics assumptions used for
ratemaking, loss reserving and forecasting, as well as company operations.
• Ability to manage large projects and to oversee multiple projects at
the same time.
• Thorough knowledge of actuarial methodologies and their applications
to business problems.
• Regularly contributes to the development of new actuarial techniques
and work standards.
• Strong understanding of and ability to think through causal
relationships.
• Very familiar 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:
• N/A
Primary Location: Maryland-Rockville-Rockville Regional Offices 2101 E.
Jefferson St.