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Office of the Inspector General
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CGS Federal
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Initiate Government Solutions
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Initiate Government Solutions
Rockville, MD | Full Time
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Actuarial Analyst I
Kaiser Permanente Rockville, MD
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$75k-93k (estimate)
Other | Hospital 5 Months Ago
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Kaiser Permanente is Hiring an Actuarial Analyst I Near Rockville, MD

Job Summary:
This individual contributor is primarily responsible for assisting in researching and determining the likelihood of financial risk to the organization, supporting actuarial documentation, product line evaluation, and actuarial modeling, and assisting in financial risk and opportunity analyses.
Essential Responsibilities:
  • Pursues self-development and effective relationships with others by sharing information with coworkers and customers; listening and responding to performance feedback; acknowledging strengths and weaknesses; and adapting to and learning from change, difficulties, and feedback.
  • Completes work assignments by following procedures and policies and using data, and resources; collaborating with others to address business problems; adhering to established priorities, deadlines, and expectations; communicating progress and information; occasionally identifying and recommending ways to address improvement opportunities; and escalating issues or risks as appropriate.
  • Supports actuarial documentation by assisting with preparation 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, valuation, cash flow analysis.
  • Assists with actuarial research by conducting literature reviews on common standards, assumptions, competition and the legal and regulatory environment.
  • Assists with analysis of financial risks and opportunities by applying actuarial methods; collecting data; and assisting with actuarial analyses.
  • Supports collaborations with peer-level business partners by translating basic actuarial constructs into non-technical explanations; and complying with the Actuarial Standards of Practice.
  • Supports actuarial modeling by learning and using actuarial models; and assisting with the application of alternative assumptions and forecasts using in-house models or actuarial software.

Qualifications:

Minimum Qualifications:


  • Bachelors degree in mathematics or related field. Additional equivalent work experience in a directly related field may be substituted for the degree requirement.

  • Passed at least 1 actuarial exam toward an ASA or ACAS certification.


Additional Requirements:

Job Summary

JOB TYPE

Other

INDUSTRY

Hospital

SALARY

$75k-93k (estimate)

POST DATE

01/05/2024

EXPIRATION DATE

07/24/2024

HEADQUARTERS

LOMITA, CA

SIZE

>50,000

FOUNDED

2007

CEO

THELMA NERI

REVENUE

$50M - $200M

INDUSTRY

Hospital

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The job skills required for Actuarial Analyst I include Actuarial, Collaboration, Listening, etc. Having related job skills and expertise will give you an advantage when applying to be an Actuarial Analyst I. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Actuarial Analyst I. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Actuarial Analyst I positions, which can be used as a reference in future career path planning. As an Actuarial Analyst I, it can be promoted into senior positions as an Actuary II that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Actuarial Analyst I. You can explore the career advancement for an Actuarial Analyst I below and select your interested title to get hiring information.

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If you are interested in becoming an Actuarial Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become an Actuarial Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Actuarial Analyst job description and responsibilities

Analysts are often also responsible for the monthly, quarterly, and annual reporting processes that need to be completed by the actuarial departments.

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They use statistical models to analyze data and assess risk.

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They teach math concepts that are very specific to the actuarial field.

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Actuarial analysts use advanced statistics and modeling to understand data and assist actuaries.

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Actuarial Analysts use statistics and mathematics to predict financial risks for companies.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Actuarial Analyst jobs

Many actuaries earn an actuarial science degree, but some pursue other analytical majors, such as mathematics or statistics.

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Entry-level positions for Risk Analysts typically require.

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The best actuarial science schools are ones that have a good reputation, has accreditation, and has a large percentage of graduates finding employment after earning their degree.

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To earn the Associate of the Society of Actuaries designation, students must pass a specialized series of actuarial science exams.

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Pass at least one actuarial exam.

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Step 3: View the best colleges and universities for Actuarial Analyst.

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