Actuarial Analyst V Network Pricing
This role will work with actuaries on the broader team that are accountable for budgeting, forecasting and rate setting to be an expert in our contracted rate changes and what that would mean to our overall unit cost trends, work closely with contracting and finance leadership within each of our four markets to provide a strategic view of the unit cost and network pricing of our various products. Application of expertise and knowledge of network strategy, contracting strategies and how they impact overall unit cost trends, value-based contracting.
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.
- 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
-
Network Pricing Experience. - Value Based Contracting Experience.
- Knowledge of Network structure impact on costs and how to optimize the network.
- Experience with contract specific modeling experience or modeling around value based care.
East Annex - Parsons, 75 N. Fair Oaks Ave., Pasadena,California, 91103
Kaiser Permanente Building, 500 NE Multnomah St., Portland,Oregon, 97232
Ordway, One Kaiser Plaza, Oakland,California, 94612
Regional Office - 9 Piedmont, 9 Piedmont Center 3495 Piedmont Rd. NE, Atlanta,Georgia, 30305
Rockville Regional Offices, 2101 E. Jefferson St., Rockville,Maryland, 20852
Waterpark II, 2530 S. Parker Rd., Aurora,Colorado, 80014
Riverway-1, 6133 North River Rd., Rosemont,Illinois, 60018
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 Department: Po/Ho Corp - MOC HealthPlan Analytics - 0308 Pay Range: $144500 - $186890 / year Kaiser Permanente is committed to pay equity and transparency. The posted pay range is based on possible base salaries for the role and does not include the value of our total rewards package. Actual pay determined at offer will be based on years of relevant work experience, education, certifications, skills and geographic location along with a review of current employees in similar roles to ensure that pay equity is achieved and maintained across Kaiser Permanente. Travel: No
Kaiser Permanente is an equal opportunity employer committed to fair, respectful, and inclusive workplaces. Applicants will be considered for employment without regard to race, religion, sex, age, national origin, disability, veteran status, or any other protected characteristic or status.
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