Associate Actuary driving complex client projects, providing vital analytical support in actuarial consulting for Milliman, serving various risk and financial sectors.
About the role
- Director of Actuarial Services overseeing Actuarial tasks and leading team management at L.A. Care Health Plan providing health coverage to low-income communities.
Responsibilities
- Responsible for the overall management and oversight of staff for all Actuarial tasks
- Determine the priorities of requests to Actuarial from within the company and from government agencies
- Lead and support lead rates negotiations with Plan Partners and L.A. Care subcontractors
- Respond to Government requests for data and analyses
- Work with the Accounting/Finance senior management to meet financial reporting and budgeting deadlines
- Provide timely assistance to various departments in need of Actuarial support
- Summarize difficult and complex financial situations and present them to the Chief Financial Officer (CFO)
- Direct all aspects of running an efficient team including hiring, supervising, coaching, training, and motivating direct reports
Requirements
- Bachelor's Degree in Mathematics or Related Field
- Master's Degree in Mathematics or Related Field (Preferred)
- At least 8 years of actuary work experience in a health plan under the supervision of a credentialed Members of the American Academy of Actuaries (MAAA) Actuary
- At least 6 years of experience leading staff or supervisory/management experience
- Direct involvement and extensive experience with the Finance Department's annual budgeting process
- Monthly IBNR reserving process
- Annual Rate Development Template (RDT)/Special Data Request (SDR) submissions process to DHCS
- Lead roles in both written and/or oral communication with the CA Dept. of Health Care Services, Dept. of Managed Health Care, U.S. Center for Medicare and Medicaid Services, County of Los Angeles (Preferred)
Benefits
- Paid Time Off (PTO)
- Tuition Reimbursement
- Retirement Plans
- Medical, Dental and Vision
- Wellness Program
- Volunteer Time Off (VTO)
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