Actuarial Analyst

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Job Category:
Accounting/Finance

Department:
Actuarial Services

Location:

Los Angeles, CA, US, 90017

Position Type:
Full Time

Requisition

Salary Range: $67,186.00 (Min.) - $87,342.00 (Mid.) - $ (Max.)

Established in 1997, L.A. Care Health Plan is an independent public agency created by the state of California to provide health coverage to low-income Los Angeles County residents. We are the nation’s largest publicly operated health plan. Serving more than 2 million members, we make sure our members get the right care at the right place at the right time.

Mission: L.A. Care’s mission is to provide access to quality health care for Los Angeles County's vulnerable and low-income communities and residents and to support the safety net required to achieve that purpose.

The Actuarial Analyst I supports the financial reporting, forecasting, rate development, regulatory filings, provider contracting, and ad hoc analyses of the organization and throughout this develops analytical skills and industry knowledge.

• Support monthly, quarterly, and annual financial reporting, budgeting and audit processes, including reserve calculations for claims and risk corridors.
• Analyze claims and enrollment data to identify trends and provide actionable insights.
• Collaborate with other Actuarial team members.
• Perform data validation and quality checks to ensure the accuracy of actuarial analyses.
• Document methodologies, assumptions, and results in a clear and organized manner.
• Contribute to regulatory filings and compliance reports as needed.
• Assist in ad hoc data analyses as needed.
• Develop understanding of industry trends, regulatory changes, and actuarial best practices.

Bachelor's Degree in Actuarial Science or Related Field

In lieu of degree, equivalent education and/or experience may be considered.

Required: No experience required.

Preferred: Internship or academic experience involving actuarial work, data analysis, or healthcare finance is a plus.

Experience with SQL, SAS, VBA, R, Python, or other data analysis tools is desirable.

Required:

Proficiency in Microsoft Excel

Strong analytical and problem-solving skills with attention to detail.

Effective verbal and written communication skills.

Required: Completion of at least 1 actuarial exam.

Preferred: Completion of at least 2 actuarial exams.

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Salary Range Disclaimer: The expected pay range is based on many factors such as geography, experience, education, and the market. The range is subject to change.

L.A. Care offers a wide range of benefits including:

• Paid Time Off (PTO)
• Tuition Reimbursement
• Retirement Plans
• Medical, Dental and Vision
• Wellness Program