Stop Loss Actuary

Cambia Health Solutions • Medford, OR

3d • Hybrid

About The Position

Stop Loss Actuary Work from Hybrid within Oregon, Washington, Idaho or Utah Build a career with purpose. Join our Cause to create a person-focused and economically sustainable health care system. Who We Are Looking For: Every day, Cambia’s dedicated team of Actuaries is living our mission to make health care easier and lives better. As a member of the Actuarial team, our Stop Loss Actuary leads and performs technical, analytical, reporting and support functions, collaborating with peers, management, and customers, to help the Cambia Actuarial and Healthcare Informatics departments and the company meet market and financial goals. – all in service of creating a person-focused health care experience. Cambia seeks a Stop Loss actuary with significant relevant and recent experience to enhance our growing Stop Loss business. This could specifically include Stop Loss pricing, forecasting, data analysis, underwriting support, rate filings, and other projects as necessary. 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. 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. Do you have a passion for serving others and learning new things? Do you thrive as part of a collaborative, caring team? Then this role may be the perfect fit.

Requirements

• The Stop Loss Actuary would have a bachelor's degree in mathematics, actuarial science, statistics, economics, computer science or related discipline, and at least four years of increasingly responsible actuarial job experience, or an equivalent combination of education and experience.
• Completed requirements for Associateship in the Society of Actuaries (ASA), or in process with equivalent actuarial experience.
• Demonstrated analytical and problem-solving skills; displays curiosity.
• Demonstrated knowledge of insurance company functions, operations, and data.
• Effective verbal and written communications.
• Ability to work independently and in teams, as appropriate, for complex projects with significant risk and financial impacts.
• Demonstrated technology expertise with Microsoft Office Suite and coding (e.g, SQL, SAS, Alteryx).

Nice To Haves

• Experience with AI tools and technologies to enhance productivity and decision-making in professional settings highly desired
• Experience with AI tools and technologies to enhance productivity and decision-making in professional settings highly desired

Responsibilities

• Develops new methodologies; recommends methodology, assumptions, or process improvements to team management; may perform actuarial certification duties.
• Presents results to customers; effectively develops and reviews written responses to complex regulator or customer questions.
• Demonstrated success with personal and team project management; develops workplans and documentation.
• Performs peer review of regular and ad hoc work products, following department and team quality assurance standards; understands risk level of work products; ensures compliance with applicable Actuarial Standards of Practice.
• Effectively manages work and study time; actively manages own development plan.

Benefits

• Medical, dental and vision coverage for employees and their eligible family members, including mental health benefits.
• Annual employer contribution to a health savings account.
• Generous paid time off varying by role and tenure in addition to 10 company-paid holidays.
• Market-leading retirement plan including a company match on employee 401(k) contributions, with a potential discretionary contribution based on company performance (no vesting period).
• Up to 12 weeks of paid parental time off (eligibility requires 12 months of continuous service with Cambia immediately preceding leave).
• Award-winning wellness programs that reward you for participation.
• Employee Assistance Fund for those in need.
• Commute and parking benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees