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Kaiser Permanente

Kaiser Permanente

Actuarial Services Director - Medicare Advantage

Actuarial Services Director - Medicare Advantage

Job Details
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Uploaded On
November 10, 2024
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Location
Oakland, United States
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Remote?
No
Company Overview
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Headquarters
Oakland, CA
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Number of Employees
218000
Estimated Number of Actuaries
124
Salary
$
198
k-$
256
k
Glassdoor Ratings
""
Recommend to a Friend
72%
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Overall Score
3.9 / 5

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Description: Job Summary:

This managing level employee is primarily responsible for providing guidance and recommendations on researching and determining financial risk to the organization, leading the completion of actuarial documentation and reporting efforts, leading product line evaluations, identifying and implementing complex actuarial models and methods, and monitoring, analyzing, and interpreting financial risk and opportunity to influence senior business partners and stakeholders.

Essential Responsibilities:

  • Demonstrates continuous learning and maintains a highly skilled and engaged workforce by aligning resource plans with business objectives; overseeing the recruitment, selection, and development of talent; motivating teams; preparing individuals for growth opportunities and advancement; staying current with industry trends, benchmarks, and best practices; providing guidance when difficult decisions need to be made; and ensuring performance management guidelines and expectations drive business needs.
  • Oversees the operation of multiple units and/or departments by identifying customer and operational needs; analyzing resources, costs, and forecasts and incorporating them into business plans; gaining cross-functional support for business plans and priorities; translating business strategy into actionable business requirements; obtaining and distributing resources; setting standards and measuring progress; removing obstacles that impact performance; guiding performance and developing contingency plans accordingly; and ensuring products and/or services meet customer requirements and expectations while aligning with organizational strategies.
  • Leads actuarial documentation and reporting by coordinating the completion of the actuarial portion of financial reports and tax returns, and responses to insurance regulations; determining report needs; and presenting results internally and externally to senior leadership.
  • Leads product line evaluations by coordinating analysis of product line financials, pricing, reserve, valuation, cash flow analysis, and product investment strategy; and making recommendations based on product line performance, risk, and assumptions used in product development; and coaches and develops staff while ensuring business needs or requirements are met.
  • Furthers actuarial research by identifying the needs and implementing complex methods to advance the actuarial techniques, standards, assumptions, and the legal and regulatory environment; and ensuring staff completes activities.
  • Monitors financial risks and opportunities by developing advanced and non-traditional actuarial methods; and leveraging industry knowledge to conduct and determine actuarial analyses; and coaches and develops staff while ensuring business needs or requirements are met.
  • Influences senior business partners by translating complex actuarial constructs into actionable recommendations; and initiating actuarial and financial advice in compliance with the Actuarial Standards of Practice; and coaches and develops staff while ensuring business needs or requirements are met.
  • Identifies needs and provides guidance on how to build framework and assumptions for new, existing, and non-traditional actuarial models to meet business needs; and coaches and develops staff while ensuring business needs or requirements are met.
Minimum Qualifications:

  • Minimum three (3) years supervisory experience
  • Bachelors degree in mathematics or related field AND Minimum ten (10) 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

Additional Requirements:

  • N/A


Preferred Qualifications:
  • Six (6) years experience with databases and spreadsheets.
  • Bachelor's degree in statistics, actuarial science, mathematics , engineering, or physics.


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: Director/Senior Director
Specialty: Actuarial Services
Department: Po/Ho Corp - HP PROD MGMT-Actuarial SVCS - 0308
Pay Range: $197900 - $256080 / 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. Submit Interest
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Working at 

Kaiser Permanente

Kaiser Permanente, a distinguished healthcare organization, offers exceptional actuarial career opportunities for talented professionals in the field. With a strong commitment to delivering high-quality care and innovative solutions, Kaiser Permanente is at the forefront of the industry. Actuaries at Kaiser Permanente play a vital role in analyzing complex data, assessing risks, and making informed financial decisions. By utilizing their expertise, actuaries contribute to the organization's long-term sustainability and help shape the future of healthcare. Kaiser Permanente provides a collaborative and supportive environment for actuaries to thrive. The organization recognizes the value of continuous professional development and offers ample opportunities for growth and advancement. Actuaries at Kaiser Permanente have access to cutting-edge tools, technologies, and resources to enhance their analytical capabilities and make data-driven decisions. Joining the team at Kaiser Permanente means becoming part of a renowned institution that values excellence and innovation. Actuaries have the chance to work alongside industry experts and make a meaningful impact on the healthcare landscape. If you are a talented actuary seeking a rewarding and impactful career in healthcare, Kaiser Permanente offers a dynamic and fulfilling environment where your skills and expertise can flourish. Take the next step in your actuarial journey with Kaiser Permanente and be part of a team that is revolutionizing healthcare through actuarial science.

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