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Actuary In Jobs in California (NOW HIRING)

... actuary. In addition to competitive base pay, we offer an annual bonus program. We are proud to offer excellent benefits including a 401k with a 5% company contribution, medical, dental, vision, life ...

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Actuary - HYBRID

Anaheim, CA ยท On-site

$80K - $150K/yr

Hybrid after 1 year - 3 days in office/2 days remote Reports to * Senior Actuarial Manager Position Overview:We are seeking a detail-oriented and analytical Actuary to support pricing, reserving, and ...

Actuary - HYBRID

Anaheim, CA ยท On-site

$80K - $150K/yr

Hybrid after 1 year - 3 days in office/2 days remote Reports to * Senior Actuarial Manager Position Overview: We are seeking a detail-oriented and analytical Actuary to support pricing, reserving ...

Actuary

Orange, CA ยท On-site

$109.89 - $175.83/hr

Actuary CalOptima Join Us in this Amazing Opportunity We are a mission driven community-based organization that serves member health with excellence and dignity, respecting the value and needs of ...

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Casualty Actuary

Sacramento, CA ยท On-site

$11K - $14K/mo

Do you enjoy working in a fast-paced REMOTE CENTERED environment with variety in your work? The California Department of Insurance (CDI) is seeking a dynamic Actuary with experience in complex ...

Actuary III

Sacramento, CA ยท On-site

$129K - $193K/yr

Participates in all facets of financial model design, including reserving, rate development, and actuarial data mart development. Provides guidance on a range of topics such as utilization, product ...

Actuary III

Sacramento, CA ยท On-site +1

$129K - $193K/yr

Participates in all facets of financial model design, including reserving, rate development, and actuarial data mart development. Provides guidance on a range of topics such as utilization, product ...

Health Actuary

San Francisco, CA ยท On-site

$101.50 - $130/hr

Key Responsibilities The Health actuary is responsible for performing as the lead Health Practice technical resource providing expertise in areas including modeling development and evaluation, rate ...

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The Health actuary is responsible for performing as the lead Health Practice technical resource providing expertise in areas including such as modeling development and evaluation, rate setting ...

The Health actuary is responsible for performing as the lead Health Practice technical resource providing expertise in areas including such as modeling development and evaluation, rate setting ...

The Health actuary is responsible for performing as the lead Health Practice technical resource providing expertise in areas including such as modeling development and evaluation, rate setting ...

Actuary, Sutter Health Plan

Emeryville, CA ยท On-site

$126K - $189K/yr

Participates in all facets of financial model design, including reserving, rate analysis, and actuarial data mart development. Provides guidance on a range of topics such as utilization, product ...

Actuary, Sutter Health Plan

Sacramento, CA ยท On-site

$126K - $189K/yr

Participates in all facets of financial model design, including reserving, rate analysis, and actuarial data mart development. Provides guidance on a range of topics such as utilization, product ...

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Actuary In information

What is an actuary?

Actuaries are professionals who use mathematics, statistics, and financial theory to analyze and manage the financial risks associated with uncertain future events. They are most commonly employed in the insurance and pension industries, where they help design policies, set premiums, and ensure the long-term financial health of these organizations. Actuaries also work in fields like healthcare, investment, and consulting, providing advice on risk management and financial planning. Their expertise is crucial in making informed decisions that safeguard companies and individuals from potential losses.

What are the key skills and qualifications needed to thrive as an actuary, and why are they important?

To thrive as an Actuary, you need strong analytical and mathematical skills, a degree in actuarial science or a related field, and progress toward professional actuarial certifications (such as SOA or CAS exams). Familiarity with statistical software, spreadsheet modeling, and specialized actuarial tools is typically required. Excellent problem-solving abilities, attention to detail, and effective communication skills help actuaries interpret data and explain complex findings to non-experts. These competencies are crucial for accurately assessing risk and supporting sound financial decision-making in insurance, finance, and related industries.

What are some typical challenges an actuary in might face when starting out in the field?

As an entry-level Actuary, one common challenge is learning to interpret and analyze large sets of complex data while ensuring accuracy in calculations. New actuaries also need to quickly become proficient with specialized software and modeling tools commonly used in the industry. Additionally, balancing ongoing exam preparation with work responsibilities can be demanding, but most employers provide study support. Collaborating with senior actuaries and other departments, such as underwriting or finance, is also a key part of the role and helps build communication and teamwork skills.

What is the difference between Actuary In vs Actuary?

AspectActuary InActuary
CredentialsRequires actuarial exams, typically ASA or FSARequires actuarial exams, typically ASA or FSA
Work EnvironmentInsurance companies, consulting firms, or government agenciesInsurance companies, consulting firms, or government agencies
Industry UsageCommonly used in insurance and risk management sectorsCommonly used in insurance and risk management sectors
Job FocusAnalyzing risk, pricing policies, reserving, and financial modelingAnalyzing risk, pricing policies, reserving, and financial modeling

Actuary In and Actuary roles share similar credentials, work environments, and industry usage. The main difference lies in the job titles' emphasis, with "Actuary In" often indicating an entry or specific position within an organization, while "Actuary" is a broader term for professionals performing risk analysis and financial modeling in insurance and related fields.

Do actuaries make a lot of money?

Actuaries are among the higher-paid professionals in the finance and insurance industries, with median annual salaries often exceeding $100,000. Salaries increase with experience, certifications such as the ASA or FSA, and specialization areas, making the role financially rewarding for many in the field.

Is an actuary still in high demand?

Actuaries are currently in high demand due to the need for risk assessment and financial modeling in insurance, pension plans, and other financial sectors. Strong analytical skills, proficiency in statistical tools, and professional certifications like the ASA or FSA enhance job prospects in this field.

What kind of jobs do actuaries have?

Actuaries typically work in insurance companies, consulting firms, government agencies, and financial institutions. They analyze risk using statistical models, often utilizing tools like Excel and specialized software, and may pursue certifications such as the ASA or FSA to advance their careers.

What are popular job titles related to Actuary In jobs in California?

For Actuary In jobs in California, the most frequently searched job titles are:

What cities in California are hiring for Actuary In jobs?

Cities in California with the most Actuary In job openings:

Actuarial Services Supervisor

Western Health Advantage

Sacramento, CA โ€ข On-site

$120K - $126K/yr

Full-time

Re-posted 16 days ago


Job description

Actuarial Services Supervisor
Western Health Advantage
Location: Sacramento, CA (Hybrid)
Salary Range: $120,000 - $140,000 Annually
"Purpose that inspires. Impact that improves lives. Join us in building healthier communities."
Western Health Advantage

Actuarial Services Supervisor
Department: Finance
Position Summary
Western Health Advantage (WHA) is seeking an experienced Actuarial Services Supervisor to play a critical leadership role within our Finance team. This position serves as a key partner to the Chief Actuary, supporting actuarial operations, financial reporting, reinsurance administration, compliance reporting, rate analysis, revenue forecasting, and strategic business initiatives. The role combines technical actuarial expertise with people leadership and cross-functional collaboration to help drive organizational performance and financial sustainability.
The ideal candidate is a strong analytical leader who enjoys transforming complex financial and actuarial data into meaningful business insights while mentoring staff and supporting enterprise-wide decision-making.
What You'll Do

  • Serve as a trusted partner to the Chief Actuary in executing departmental strategies, annual business plans, budgets, and key initiatives.
  • Support the Chief Actuary in premium rate development, revenue forecasting, variance analysis, and financial performance monitoring.
  • Assist in aligning departmental goals, priorities, and performance metrics with organizational objectives.
  • Collaborate with executive leadership and cross-functional teams on strategic projects and business initiatives.
  • Analyze factors impacting revenue, profitability, claims costs, and overall financial performance.
  • Develop forecasts, projections, and scenario analysis to support business planning and decision-making.
  • Prepare and deliver actuarial and financial reporting to management and executive leadership.
  • Perform client-specific reporting and analyses, including utilization, premium, experience, pharmacy, and eligibility reporting.
  • Partner with the Chief Actuary to lead the administration and audit of WHA's reinsurance program, including monitoring, filings, reporting, and renewals.
  • Assist in monthly actuarial and financial reporting, including IBNR, rebate accruals, inventory tracking, and reinsurance accruals.
  • Support annual audits and serve as a primary resource for external auditors.
  • Assist with Medical Loss Ratio (MLR) reporting, regulatory compliance submissions, and other required filings.
  • Supervise, coach, and develop actuarial staff while fostering a culture of accountability, collaboration, and continuous improvement.

What We're Looking For
Required Qualifications
  • Bachelor's degree in Actuarial Science, Mathematics, Finance, or a related field.
  • Minimum of five (5) years of progressively responsible experience in Actuarial Services, Finance, or Underwriting, including leadership or lead-level responsibilities.
  • Progress toward or attainment of actuarial credentials through the Society of Actuaries (SOA).
  • Strong analytical, quantitative, modeling, and financial analysis skills.
  • Ability to interpret complex data and effectively communicate findings to technical and non-technical audiences.
  • Advanced Microsoft Excel skills, including formulas, reporting, and data analysis.
  • Excellent written and verbal communication skills.
Preferred Qualifications
  • Experience within the healthcare industry, particularly in an HMO environment.
  • Knowledge of healthcare financial reporting, actuarial forecasting, reinsurance, and regulatory compliance requirements.
  • Experience supporting executive leadership and participating in strategic planning initiatives.

Western Health Advantage is committed to providing equal employment opportunities to employees and applicants for employment on the basis of merit and without regard to race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, physical or mental disability, medical condition, genetic information, marital status, ancestry, military or veteran status, or any other basis made unlawful by federal or state law.
Western Health Advantage values and supports the unique talents and strengths that each employee brings to our organization. Collaborating with the best and the brightest means a dynamic, fulfilling work experience for you - and excellent customer service for our members.