Actuarial Analyst II Medicare Part D

Job Summary

This role will build and maintain the Part D pricing model, develop Part D bid assumptions, and support analyses to drive strategic decision making. The individual contributor is primarily responsible for researching and determining the likelihood of financial risk to the organization, preparing and reviewing actuarial documentation for accuracy, and conducting product line evaluation, actuarial modeling, and financial risk and opportunity analyses.

• Pursues self‑development and effective relationships with others by sharing resources, information, and knowledge with coworkers and customers; listening, responding to, and seeking performance feedback; acknowledging strengths and weaknesses; assessing and responding to the needs of others; and adapting to and learning from change, difficulties, and feedback.
• Completes work assignments by applying up‑to‑date knowledge in the subject area to meet deadlines; follows procedures and policies and applies data and resources to support projects or initiatives; collaborates with others, often cross‑functionally, to solve business problems; supports the completion of priorities, deadlines, and expectations; communicates progress and information; identifies and recommends ways to address improvement opportunities when possible; and escalates issues or risks as appropriate.
• Supports actuarial documentation by assisting with the preparation and review for accuracy of the actuarial portion of financial reports and tax returns; and responses to insurance regulations.
• Supports product line evaluations by assisting with analysis of product line financials, pricing, reserve, valuation, cash flow analysis; and documenting product line performance, risk, and assumptions used in product development.
• Assists with actuarial research by conducting literature reviews with limited direction on standards, assumptions, competition, and the legal and regulatory environment.
• Analyzes financial risks and opportunities by applying basic actuarial methods; collecting data; and assisting with interpreting actuarial analyses.
• Supports collaborations with peer‑level business partners by translating actuarial constructs into non‑technical explanations; and complying with the Actuarial Standards of Practice.
• Supports actuarial modeling by learning and using actuarial models; assisting with the application of alternative assumptions and forecasts using in‑house models or actuarial software; and validating the data.

• Ambiguity/Uncertainty Management
• Attention to Detail
• Business Knowledge
• Communication
• Critical Thinking
• Cross‑Group Collaboration
• Decision Making
• Dependability
• Diversity, Equity, and Inclusion Support
• Drives Results
• Facilitation Skills
• Health Care Industry
• Influencing Others
• Integrity
• Learning Agility
• Organizational Savvy
• Problem Solving
• Short‑ and Long‑term Learning & Recall
• Teamwork
• Topic‑Specific Communication

• Analytical Skills
• Client Focus
• Debugging and Troubleshooting
• Demonstrating Personal Flexibility
• Economics
• Initiative
• Maintain Files and Records Managing Diverse Relationships
• Mathematics
• Organizational Skills
• Project Management
• Statistical Programming Language
• Stress Tolerance
• Technical Communication
• Trust

• Bachelor’s degree in mathematics or related field AND minimum two (2) years actuarial experience. Additional equivalent work experience in a directly related field may be substituted for the degree requirement.
• Passed at least four actuarial exams toward an ASA or ACAS certification.

• Three (3) years experience with databases and spreadsheets.
• Bachelor’s degree in statistics, actuarial science, mathematics, engineering, or physics.

California, Oakland, Ordway

• Portland
• Atlanta
• Rockville
• Pasadena
• Aurora
• San Diego
• Rosemont
• Renton

40 hours per week, Day shift, Monday–Friday 08:00 AM–05:00 PM, full‑time, no travel.

Pay range: $103,400 – $133,760 per year.

Additional benefits and total rewards package are determined at offer based on years of experience, education, certifications, skills, and geographic location.

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.