Assistant Actuarial Analyst
Cambria Health, Inc.
Assistant Actuarial Analyst
Work Remotely from Oregon, Washington, Idaho or Utah
Primary Job Purpose
The Assistant Actuarial Analyst performs technical, analytical, reporting and support functions, collaborating with peers and management, to help the Cambia Actuarial and Healthcare Informatics departments and the company meet market and financial goals.
The Cost of Care Analytics team, within Healthcare Informatics, supports Cambia’s Healthcare Services and Health Plan Operations departments in controlling costs and improving the quality of care by evaluating the impact of different policies & programs. The team provides consulting for key business decisions, focusing on cost containment opportunity assessment and reporting to support cost stewardship decisions and actuarial assumption development.
Cambia Actuarial and Healthcare Informatics includes over 100 actuaries, consultants, data analysts and statisticians who provide pricing, financial and statistical projections and analysis, risk evaluation, research, and custom reporting for Cambia’s health plans and customers in Idaho, Oregon, Utah and Washington and their customers. We ensure our products are appropriately priced, our financial positions are appropriately stated and projected, and our leaders and customers are appropriately informed to make strategic decisions, reflecting the expected risk.
General Functions and Outcomes
Acquiring skills in Microsoft Office Suite, health plan data, and coding for model development and data queries.
Creates, maintains, updates and reviews established data queries and models; may recommend methodology or process improvements.
Accurately prepares, updates and reviews regular work products, including project code, analytic models, data visualizations, and associated documentation; actively collaborates with peers.
Assembles deliverables for customers and drafts responses to customer questions.
Performs peer review of technical work products and acceptance testing of new reports, programs, and models, following department and team quality assurance standards.
Meets established project deadlines; informs manager of work progress, new requests, and conflicts.
Regular progress on passing actuarial exams to achieve actuarial credentials (ASA, MAAA).
Effectively manages work and study time; contributes to own development plan.
Competencies and Knowledge:
Passed at least one Society of Actuaries (SOA) exam; preferably completed SOA VEE requirements.
Demonstrated analytical and problem-solving skills; displays curiosity.
Business sense, including finance, accounting, economics, statistics, and risk management principles.
Effective verbal and written communications.
Ability to work independently and in teams, as appropriate.
Demonstrated technology proficiency with Microsoft Office Suite and coding (e.g., SQL, SAS, Alteryx).
Normally to be proficient in the competencies listed above:
The Assistant Actuarial Analyst would have a bachelor’s degree in mathematics, actuarial science, statistics, economics, computer science or related discipline, or an equivalent combination of education and experience.
Required Licenses, Certifications, Registration, Etc.
Travel may be required, either locally or out of state
May be required to work outside of normal business hours
The expected hiring range for an Assistant Actuarial Analyst is $73,000 - $99,000 depending on skills, experience, education, and training; relevant licensure / certifications; performance history; and work location. The bonus target for this position is 10%. The current full salary range for this role is $68,500 - $112,000/year.
Base pay is just part of the compensation package at Cambia that is supplemented with an exceptional 401(k) match, bonus opportunity and other benefits. In keeping with our Cause and vision, we offer comprehensive well-being programs and benefits, which we periodically update to stay current. Some highlights:
medical, dental, and vision coverage for employees and their eligible family members
annual employer contribution to a health savings account ($1,200 or $2,500 depending on medical coverage, prorated based on hire date)
paid time off varying by role and tenure in addition to 10 company holidays
up to a 6% company match on employee 401k contributions, with a potential discretionary contribution based on company performance (no vesting period)
up to 12 weeks of paid parental time off (eligible day one of employment if within first 12 months following birth or adoption)
one-time furniture and equipment allowance for employees working from home
up to $225 in Amazon gift cards for participating in various well-being activities. for a complete list see our External Total Rewards page.
We are an Equal Opportunity and Affirmative Action employer dedicated to workforce diversity and a drug and tobacco-free workplace. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, age, sex, sexual orientation, gender identity, disability, protected veteran status or any other status protected by law. A background check is required.