Actuary

Role Details

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 re quired 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 position is 15%. The current full salary ange for this role is \$122,000.00 to \$198,500.00.

 

Base pay is just part of the compensation package at Cambia that is supplemented with an exceptional 401(k) match, bonus opportunity and other benefits. In keeping with our Cause and vision, we offer comprehensive well-being programs and benefits, which we periodically update to stay current. Some highlights:

 

medical, dental, and vision coverage for employees and their eligible family members

annual employer contribution to a health savings account (\$1,200 or \$2,500 depending on medical coverage, prorated based on hire date)

paid time off varying by role and tenure in addition to 10 company holidays

up to a 6% company match on employee 401k contributions, with a potential discretionary contribution based on company performance  (no vesting period)

up to 12 weeks of paid parental time off (eligible day one of employment if within first 12 months following birth or adoption)

one-time furniture and equipment allowance for employees working from home

up to \$225 in Amazon gift cards for participating in various well-being activities. for a complete list see our External Total Rewards page.

 

 

We are an Equal Opportunity and Affirmative Action employer dedicated to workforce diversity and a drug and tobacco-free workplace. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, age, sex, sexual orientation, gender identity, disability, protected veteran status or any other status protected by law. A background check is required.

 

If you need accommodation for any part of the application process because of a medical condition or disability, please email CambiaCareers@cambiahealth.com. Information about how Cambia Health Solutions collects, uses, and discloses information is available in our Privacy Policy. As a health care company, we are committed to the health of our communities and employees during the COVID-19 pandemic. Please review the policy on our Careers site.

 

CAMBIA HEALTH SOLUTIONS, INC. provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.