Actuarial Analyst

CalOptima is a mission-driven community-based organization focused on serving member health with excellence and dignity. The Actuarial Analyst will provide analytical and actuarial support to the Financial Analysis team, participating in various projects and assisting in financial reporting and analysis.

Responsibilities

• Participates in a mission-driven culture of high-quality performance, with a member focus on customer service, consistency, dignity and accountability
• Assists the team in carrying out department responsibilities and collaborates with others to support short- and long-term goals/priorities for the department
• Assists in preparing, analyzing and reporting the monthly IBNR reserve estimate
• Assists in preparing and analyzing the semi-annual CDPS risk score and reporting the financial impact for the risk score adjusted capitation rate
• Reconciles the monthly paid claim between Facets reports and the data warehouse
• Reconciles and analyzes the weekly pharmacy invoices with the data warehouse
• Assists in preparing standard reports related to claims data and/or reserve estimation for internal and external auditors
• Completes other projects and duties as assigned

Skills

• Bachelor's degree in actuarial science, mathematics, finance, economics, business administration or related field PLUS 1 year of experience with spreadsheets and databases required; an equivalent combination of education and experience sufficient to successfully perform the essential duties of the position such as those listed above may also be qualifying
• Master's degree in actuarial science, mathematics, finance, economics, business administration or related field
• Minimum of 1 actuarial exam with a passing score
• Actuarial experience or equivalent
• Experience with managed health care programs and financial modeling

Benefits

• A comprehensive benefits package
• CalPERS pension program and additional retirement packages.
• A generous PTO program
• A quality work life balance
• Various wellness programs
• Tuition Reimbursement
• Professional development opportunities
• Career development opportunities
• Flexible scheduling
• And the satisfaction of knowing your work directly impacts and improves healthcare access for thousands of individuals and families.

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