Cambia Health Solutions Hiring for Actuary – R-3788_40483885656_15-4185 at LEWISTON, Idaho Full Time

This job was posted by https://idahoworks.gov : For more information,
please see: https://idahoworks.gov/jobs/1998875 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 position is 15%. The current full
salary range 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