Actuarial Analyst I

Salary Range: $67,186.00 (Min.) - $87,342.00 (Mid.) - $107,498.00 (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.

Job Summary

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.

Duties

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.

Perform other duties as assigned.

Duties Continued

Education Required

Bachelor's Degree in Actuarial Science or Related FieldIn lieu of degree, equivalent education and/or experience may be considered.

Education Preferred

Experience

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.

Skills

Required:

Proficiency in Microsoft Excel

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

Effective verbal and written communication skills.

Licenses/Certifications Required

Licenses/Certifications Preferred

Required Training

Required:

Completion of at least 1 actuarial exam.

Preferred:

Completion of at least 2 actuarial exams.

Physical Requirements

Light

Additional Information

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
• Volunteer Time Off (VTO)

Nearest Major Market: Los Angeles
Job Segment: Accounting, Actuarial, Claims, Finance, Insurance