Kaiser Permanente
Actuarial Analyst IV Medicare Part D
Kaiser Permanente, Oakland, California, United States, 94616
Actuarial Analyst IV Medicare Part D
Location : San Francisco, CA (Salary: $268,000.00–$340,000.00)
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. The 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
Conduct product line evaluations by analyzing financials, pricing, reserve, valuation, cash flow, performance, risk, and assumptions.
Develop and design actuarial documentation, completing actuarial portions of financial reports, tax returns, and responding to insurance regulations.
Build and design advanced actuarial models, assist with development of alternative assumptions and forecasts using in‑house models or actuarial software, and validate results.
Use actuarial research to implement non‑complex development standards, assumptions, and the legal and regulatory environment.
Assess, analyze and interpret financial risks and opportunities using advanced actuarial methods.
Collaborate with business partners, translating mathematical constructs into actionable recommendations and complying with the Actuarial Standards of Practice.
Provide self‑development and learning support to others, fostering relationships, influencing, and adapting to changing demands.
Complete work assignments and support business‑specific projects, applying expertise, coordinating resources, solving complex problems, and capitalizing on improvement opportunities.
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
Bachelor’s degree in mathematics or related field AND minimum six (6) years actuarial experience (or equivalent work experience).
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.
Seniority Level Mid‑Senior level
Employment Type Full‑time
Job Function Finance and Sales
Industry Hospitals and Health Care
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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. The 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
Conduct product line evaluations by analyzing financials, pricing, reserve, valuation, cash flow, performance, risk, and assumptions.
Develop and design actuarial documentation, completing actuarial portions of financial reports, tax returns, and responding to insurance regulations.
Build and design advanced actuarial models, assist with development of alternative assumptions and forecasts using in‑house models or actuarial software, and validate results.
Use actuarial research to implement non‑complex development standards, assumptions, and the legal and regulatory environment.
Assess, analyze and interpret financial risks and opportunities using advanced actuarial methods.
Collaborate with business partners, translating mathematical constructs into actionable recommendations and complying with the Actuarial Standards of Practice.
Provide self‑development and learning support to others, fostering relationships, influencing, and adapting to changing demands.
Complete work assignments and support business‑specific projects, applying expertise, coordinating resources, solving complex problems, and capitalizing on improvement opportunities.
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
Bachelor’s degree in mathematics or related field AND minimum six (6) years actuarial experience (or equivalent work experience).
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.
Seniority Level Mid‑Senior level
Employment Type Full‑time
Job Function Finance and Sales
Industry Hospitals and Health Care
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