Actuarial Analyst III

Description:Job Summary:

This individual contributor is primarily responsible for researching and determining the likelihood of financial risk to the organization.

The role includes preparing and reviewing actuarial documentation for accuracy, conducting product line evaluation, actuarial modeling, and financial risk and opportunity analyses.

Essential Responsibilities:

• Pursues self-development and effective relationships with others by proactively providing resources, information, advice, and expertise with coworkers and customers.
• Influences others through technical explanations and examples; provides occasional mentoring to team members; listens and responds to, seeks, and addresses performance feedback.
• Creates plans to capitalize on strengths and develop weaknesses; anticipates and responds to the needs of others; adapts to and learns from change, difficulties, and feedback.
• Completes work assignments by applying up-to-date expertise in subject area to generate creative solutions.
• Ensures all procedures and policies are followed; leverages an understanding of data and resources to support projects or initiatives.
• Collaborates cross-functionally to solve business problems; identifies and monitors priorities, deadlines, and expectations.
• Communicates progress and information; identifies, recommends, and implements ways to address improvement opportunities.
• Escalates issues or risks as appropriate.
• Supports actuarial documentation by preparing and reviewing for accuracy and reasonability the actuarial portion of financial reports and tax returns.
• Participates in product line evaluations by conducting analysis of product line financials, pricing, reserve, and cash flow analysis.
• Analyzes product line performance, risk, and assumptions used in product development.
• Stays abreast of actuarial research by examining developments in standards, assumptions, competition, and the legal and regulatory environment.
• Assesses, analyzes, and interprets financial risks and opportunities by applying actuarial methods and conducting actuarial analyses.
• Supports collaborations with business partners by understanding the business needs and translating actuarial constructs into non-technical recommendations.
• Complies with the Actuarial Standards of Practice.
• Supports actuarial modeling by developing and enhancing actuarial models.
• Assists with the development of alternative assumptions and forecasts using in-house models or actuarial software.
• Assists with validating the data and results.

Minimum Qualifications:

• Bachelor's degree in mathematics or related field AND a minimum of four (4) 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.

Additional Requirements:Preferred Qualifications:

• One (1) year leadership experience.
• Four (4) years experience with databases and spreadsheets.

Primary Location:California, Oakland, Ordway
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
Job Level:Individual Contributor
Specialty:Actuarial Services
Department:Po/Ho Corp - HP PROD MGMT-Actuarial SVCS - 0308
Pay Range:$124,000 - $160,380 / year
Travel:No
Remote:Work location is the remote workplace within KP authorized states.