Actuarial Analyst II (Forecasting)

Job Summary:

This individual contributor is primarily responsible for providing support for researching and determining the likelihood of financial risk to the organization.

This includes reviewing actuarial documentation for accuracy, supporting product line evaluation and actuarial modeling, and conducting financial risk and opportunity analyses.

Additionally, this role involves medical expense forecasting, trend development, budgeting, and analytics.

Location:

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.

Essential Responsibilities:

• Pursues self-development and effective relationships with others by sharing resources, information, and knowledge with coworkers and customers.
• Completes work assignments by applying up-to-date knowledge in the subject area to meet deadlines and following procedures and policies.
• Supports actuarial documentation by assisting with the preparation and review for accuracy of the actuarial portion of financial reports and tax returns.
• Supports product line evaluations by assisting with analysis of product line financials, pricing, reserve, valuation, and cash flow analysis.
• Assists with actuarial research by conducting literature reviews on standards, assumptions, competition, and the legal and regulatory environment.
• Analyzes financial risks and opportunities by applying basic actuarial methods and collecting data.
• Supports collaborations with peer-level business partners by translating actuarial constructs into non-technical explanations.
• Supports actuarial modeling by learning and using actuarial models and validating the data.

Minimum Qualifications:

• Bachelor's degree in mathematics or related field AND a minimum of two (2) years actuarial experience. Additional equivalent work experience in a directly related field may be substituted for the degree requirement.
• Passed at least 4 actuarial exams toward an ASA or ACAS certification.

Preferred Qualifications:

• Three (3) years experience with databases and spreadsheets.
• Bachelor's degree in statistics, actuarial science, mathematics, engineering, or physics.

Pay Range: $99,200 - $128,370 / year

Remote: Work location is the remote workplace (from home) within KP authorized states.