Job Information
Cambia Health Solutions Actuary in Alger, Washington
Actuary Work Remotely from Oregon, Washington, Idaho or Utah Primary Job Purpose The Actuary leads and performs technical, analytical, reporting and support functions, collaborating with peers, management, and customers, to help the Cambia Actuarial and Healthcare Informatics departments and the company meet market and financial goals. The Cost of Care Analytics team, within Healthcare Informatics, supports Cambia\'s Healthcare Services and Health Plan Operations departments in controlling costs and improving the quality of care by evaluating the impact of different policies & programs. The team provides consulting for key business decisions, focusing on cost containment opportunity assessment and reporting to support cost stewardship decisions and actuarial assumption development. Cambia Actuarial and Healthcare Informatics includes over 100 actuaries, consultants, data analysts and statisticians who provide pricing, financial and statistical projections and analysis, risk evaluation, research and custom reporting for Cambia\'s health plans and customers in Idaho, Oregon, Utah, and Washington. We ensure our products are appropriately priced, our financial positions are appropriately stated and projected, and our leaders and customers are appropriately informed to make strategic decisions, reflecting the expected risk. General Functions and Outcomes Provides guidance, contributions, and influence on cross-functional workgroups and key initiatives as actuarial representative. Develops new methodologies; recommends methodology, assumptions, or process improvements to team management; performs actuarial certification duties. Presents results to customers; effectively develops and reviews written responses to complex regulator or customer questions. Demonstrated success with personal and team project management; develops workplans; ensures documentation is developed and maintained. Coaches and mentors junior staff and interns. Performs peer review of regular and ad hoc work products, following department and team quality assurance standards; understands risk level of work products; ensures compliance with applicable Actuarial Standards of Practice. Minimum Requirements Competencies and Knowledge: Achieved Associateship in the Society of Actuaries (ASA) with progress towards Fellowship (FSA) preferred. Demonstrated actuarial experience in insurance pricing, valuation, financial reporting, cost analysis and/or provider analytics; health insurance experience preferred. Demonstrated knowledge of insurance company functions, operations, and data. Ability to represent the Division in internal, cross-functional meetings as a leadership presence. Ability to work independently and in teams, as appropriate, for complex projects with significant risk and financial impacts. Demonstrated technology expertise with Microsoft Office Suite and coding (e.g., SQL, SAS, Alteryx). Normally to be proficient in the competencies listed above: The Actuary would have a bachelor\'s degree in mathematics, actuarial science, statistics, economics, computer science or related discipline, with at least six years of increasingly responsible actuarial job experience, or an equivalent combination of education and experience. Required Licenses, Certifications, Registration, Etc. Associate, Society of Actuaries (ASA) or Fellow, Society of Actuaries (FSA) Work Environment Travel may be required, either locally or out of state May be required to work outside of normal business hours The expected hiring range for a Assistant Actuary is \$129,625.00 - \$175,375.00 depending on skills, experience, education, and training; relevant licensure / certifications; performance history; and work location. The bonus target for this To view the full job description,