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Actuarial Analyst I

Job Category:  Accounting/Finance
Department:  Actuarial Services
Location: 

Los Angeles, CA, US, 90017

Position Type:  Full Time
Requisition ID:  7983

 

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 in five health plans, 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.

As a condition of employment, L.A. Care requires a COVID-19 vaccine. This requirement includes our remote workforce. If you would like to request an exemption, L.A. Care has implemented a process to consider exemptions, for documented medical conditions and sincerely held religious beliefs. L.A. Care will review all exemption requests prior to proceeding with the recruitment process.

Job Summary

The Actuarial Analyst I will performs actuarial analysis in support of a several company functions including premium rate development, underwriting, provider contracting, and overall quality and cost savings initiatives.

Duties

Actuarial Support: Under direction of the Chief Actuary, will gather data, create reports and complete analysis. Support the IBNP process.

 

Financial Analysis: Create and analyze routing monthly reports, determine drivers of significant variances and complete analysis to turn data into information.

 

Forecasting and Budgeting: Support annual forecasting and budgeting efforts.

 

Accounting:  Assigned accounting tasks which may include journal entry preparation. Will support monthly close process.

 

Report Writing and Systems Support: Support financial analysis to determine root cause and drivers,  Will pull reports from accounting system and convert to useable format. May support accounting software upgrade and finance data project. 

 

Perform other duties as assigned.

Education Required

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

Education Preferred

Experience

Required:
For Actuarial Analyst 1, no experience required.  

 

Completion of at least 1 actuarial exam.

 

For other Actuarial Analyst levels, relevant experience is in a health plan and under the supervision of a credentialed Actuary (one with the MAAA designation).  

Skills


Required:
Must be able to create and manage complex Excel spreadsheets. 

 

Must have solid and effective verbal, written and interpersonal communication skills.   

Licenses/Certifications Required

Licenses/Certifications Preferred

Required Training

Additional Information

 

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)

 

At L.A. Care, we value our team members’ safety. In order to keep our work locations safe, each employee is required to self-screen for symptoms prior to entering any L.A. Care location each day. L.A. Care and all of its staff are required to comply with all state and local masking orders. Therefore, when on-site at any L.A. Care location, employees are expected to wear a mask in areas where physical distancing cannot be managed.


Nearest Major Market: Los Angeles

Job Segment: Accounting, Actuarial, Underwriter, Finance, Insurance

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