Actuarial Analyst I

L.A. Care Health Plan•Los Angeles, CA

7d•$67,186 - $107,498

About The Position

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 SummaryThe 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.

Requirements

Bachelor's Degree in Actuarial Science or Related Field
In lieu of degree, equivalent education and/or experience may be considered.
No experience required.
Proficiency in Microsoft Excel
Strong analytical and problem-solving skills with attention to detail.
Effective verbal and written communication skills.
Completion of at least 1 actuarial exam.

Nice To Haves

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.
Completion of at least 2 actuarial exams.

Responsibilities

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.