Candidates must have passed at least 4 actuarial exams toward an ASA or ACAS certification to be considered.
Job Summary:
This individual contributor is primarily responsible for providing support for researching and determining the likelihood of financial risk to the organization, reviewing actuarial documentation for accuracy, supporting product line evaluation and actuarial modeling, and supporting financial risk and opportunity analyses.
Essential Responsibilities:
Pursues self-development and effective relationships with others by sharing resources, information, and knowledge with coworkers and customers; 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.
Completes work assignments by applying up-to-date knowledge in 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.
Supports 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.
Supports 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.
Assists with actuarial research by conducting literature reviews with limited direction on standards, assumptions, competition, and the legal and regulatory environment.
Analyzes financial risks and opportunities by applying basic actuarial methods; collecting data; and assisting with interpreting actuarial analyses.
Supports collaborations with peer-level business partners by translating actuarial constructs into non-technical explanations; and complying with the Actuarial Standards of Practice.
Supports 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.
Numbers & Facts
Location
Rockville, MD
Industry
Healthcare Services
Company Size
10,000 employees or more
Year Founded
1945
Website
http://www.kp.org/careers
About Company
At Kaiser Permanente, we are relentless in our pursuit of excellence. Driven by our mission to provide the highest quality preventive medicine, we are committed to eliminating health care disparities, and to making lives better through innovation, technology, and research.
Our desire to deliver the best possible care inspires us to promote wellness among our members, communities, and each other. It also fuels our belief that everyone — regardless of circumstance — deserves access to affordable care, which further drives our motivation to expand our reach.
Founded nearly 80 years ago, our unique business model sets us apart — positioning us to drive improvements across the industry and around the world.
Skills
Actuarial Skillsunmatched
Analysis Skillsunmatched
Cash Flow Projectionunmatched
Cross-Functionalunmatched
Data Collectionunmatched
Data Qualityunmatched
Documentationunmatched
Financial Analysisunmatched
Financial Modelingunmatched
Financial Reportingunmatched
Financial Riskunmatched
Insurance Regulationsunmatched
Pricingunmatched
Problem Solving Skillsunmatched
Product Developmentunmatched
Product Documentationunmatched
Product Supportunmatched
Product Testingunmatched
Riskunmatched
Risk Analysisunmatched
Support Documentationunmatched
Tax Returnsunmatched
Time Managementunmatched
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