Forecasting Actuary

    • Kaiser Permanente
  • Rockville, MD
  • Posted 30 days ago | Updated 2 hours ago

Overview

On Site
Compensation information provided in the description
Full Time

Skills

Relationship building
Cash flow
Product development
Health care
Collaboration
Forecasting
Pharmacy
Budget
Analytics
Leadership
Mentorship
Policies
Delegation
Actuarial Science
Documentation
Finance
Taxes
Insurance
Presentations
Valuation
Research
Legal
Regulatory Compliance
Mathematics
Management
Database
Administration
Preventive maintenance
PO
HP
AIM

Job Details

Description:
Job Summary:

This position is remote, however candidates must reside within the States that we operate in, which include California, Colorado, Georgia, Hawaii, Illinois, Maryland, Oregon, Washington and Virginia.

This individual contributor is primarily responsible for medical and pharmacy expense forecasting, trend development, budgeting, and analytics.

Essential Responsibilities:

  • Practices self-leadership and promotes learning in others by building relationships with cross-functional stakeholders; communicating information and providing advice to drive projects forward; influencing team members within assigned unit; listening and responding to, seeking, and addressing performance feedback; adapting to competing demands and new responsibilities; providing feedback to others, including upward feedback to leadership and mentoring junior team members; creating and executing plans to capitalize on strengths and develop weaknesses; and adapting to and learning from change, difficulties, and feedback.

  • Conducts or oversees business-specific projects by applying deep expertise in subject area; promoting adherence to all procedures and policies; developing work plans to meet business priorities and deadlines; determining and carrying out processes and methodologies; coordinating and delegating resources to accomplish organizational goals; partnering internally and externally to make effective business decisions; solving complex problems; escalating issues or risks as appropriate; monitoring progress and results; recognizing and capitalizing on improvement opportunities; and evaluating recommendations made by others.

  • Completes actuarial documentation by reviewing and coordinating the actuarial portion of financial reports and tax returns, and responses to insurance regulations; and presenting results internally to mid-level leadership.

  • Develops and designs product line evaluations by interpreting and communicating findings of analysis of product line financials, reserve, valuation , cash flow analysis; and interpreting product line performance, risk, and assumptions used in product development.

  • Designs and develops actuarial research by designing complex methods to advance standards, assumptions, and the legal and regulatory environment.

  • Assesses, analyzes and interprets financial risks and opportunities by using non-traditional actuarial methods and actuarial judgment when conducting actuarial analyses.

  • Leads collaboration with business partners by translating complex actuarial constructs into actionable recommendations; and developing and formulating accurate actuarial and financial advice in compliance with the Actuarial Standards of Practice.

  • Creates framework and assumptions for new, existing, and non-traditional actuarial models to meet business needs.


Minimum Qualifications:

  • Bachelors degree in mathematics or related field AND Minimum eight (8) years actuarial experience. Additional equivalent work experience in a directly related field may be substituted for the degree requirement.

  • Associate of the Casualty Actuarial Society Certificate OR Associate of the Society of Actuaries Certificate

Additional Requirements:

Preferred Qualifications:
  • Two (2) years experience in a leadership role with or without direct reports.
  • Six (6) years experience with databases and spreadsheets.


Primary Location: Maryland,Rockville,Rockville Regional Offices Additional Locations:

East Annex - Parsons, 75 N. Fair Oaks Ave., Pasadena,California, 91103
Kaiser Center, 300 Lakeside Dr., Oakland,California, 94612
Kaiser Permanente Building, 500 NE Multnomah St., Portland,Oregon, 97232
Regional Admin Low Rise, 711 Kapiolani Blvd., Honolulu,Hawaii, 96813
Regional Office - 9 Piedmont, 9 Piedmont Center 3495 Piedmont Rd. NE, Atlanta,Georgia, 30305
Waterpark II, 2530 S. Parker Rd., Aurora,Colorado, 80014
California Service Center - Rio S.D., 8954 Rio San Diego Dr., San Diego,California, 92108
Riverway-1, 6133 North River Rd., Rosemont,Illinois, 60018
Alexandria Medical Center, 3000 Potomac Ave., Alexandria,Virginia, 22305
Renton Administration - Adams, 2921 Naches Ave. SW, Renton,Washington, 98057 Scheduled Weekly Hours: 40 Shift: Day Workdays: Mon, Tue, Wed, Thu, Fri Working Hours Start: 08:00 AM Working Hours End: 05:00 PM Job Schedule: Full-time Job Type: Standard Worker Location: Remote Employee Status: Regular Employee Group/Union Affiliation: NUE-PO-01|NUE|Non Union Employee Job Level: Individual Contributor Specialty: Actuarial Services Department: Po/Ho Corp - HP PROD MGMT-Actuarial SVCS - 0308 Pay Range: $162900 - $210760 / year The ranges posted above reflect the location in the job posting. The salary range may vary if you reside in a different location or state than the location posted. Travel: No Remote: Work location is the remote workplace (from home) within KP authorized states. Worker location must align with Kaiser Permanente's Authorized States policy. At Kaiser Permanente, equity, inclusion and diversity are inextricably linked to our mission, and we aim to make it a part of everything we do. We know that having a diverse and inclusive workforce makes Kaiser Permanente a better place to receive health care, a more supportive partner in our communities we serve, and a more fulfilling place to work. Working at Kaiser Permanente means that you agree to and abide by our commitment to equity and our expectation that we all work together to create an inclusive work environment focused on a sense of belonging and wellbeing.

Kaiser Permanente is an equal opportunity employer committed to a diverse and inclusive workforce. Applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy), age, sexual orientation, national origin, marital status, parental status, ancestry, disability, gender identity, veteran status, genetic information, other distinguishing characteristics of diversity and inclusion, or any other protected status.