Senior Actuarial Associate

Description:Job Summary:

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

They will develop and design actuarial documentation, conduct product line evaluation and actuarial modeling, and assess and interpret financial risk and opportunity analyses.

Essential Responsibilities:

• Practices self-development and promotes learning in others by proactively providing information, resources, advice, and expertise with coworkers and customers.
• Builds relationships with cross-functional stakeholders and influences others through technical explanations and examples.
• Adapts to competing demands and new responsibilities while listening and responding to performance feedback.
• Completes work assignments and supports business-specific projects by applying expertise in subject area.
• Supports the development of work plans to meet business priorities and deadlines.
• Ensures team follows all procedures and policies while coordinating resources to accomplish priorities and deadlines.
• Collaborates cross-functionally to make effective business decisions and solves complex problems.
• Recognizes and capitalizes on improvement opportunities.
• Develops and designs actuarial documentation by completing the actuarial portion of financial reports and tax returns.
• Participates in product line evaluations by conducting and interpreting analysis of product line financials, pricing, reserve, valuation, and cash flow analysis.
• Analyzes and interprets product line performance, risk, and assumptions used in product development.
• Utilizes actuarial research by implementing non-complex developments standards, assumptions, and the legal and regulatory environment.
• Assesses, analyzes, and interprets financial risks and opportunities by applying advanced actuarial methods.
• Collaborates with business partners by translating mathematical constructs into actionable recommendations.
• Complies with the Actuarial Standards of Practice.
• Develops and designs advanced actuarial models and assists with the development of alternative assumptions and forecasts.
• Validates the results using in-house models or actuarial software.

Minimum Qualifications:

• Bachelor's degree in mathematics or related field AND a minimum of six (6) years actuarial experience. Additional equivalent work experience in a directly related field may be substituted for the degree requirement.
• 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.

Primary Location: California, Oakland, Kaiser Center 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: $150,700 - $194,920 / year 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.