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Actuary In Jobs in California (NOW HIRING)

Actuary, Sutter Health Plan

Sacramento, CA · On-site +1

$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 / Senior Actuary, Pricing DRIVE PROFITABLE GROWTH FOR THE BUSINESS About At-Bay At-Bay is ... With 98% of cyber insurance claims in the past five years coming from small and mid-size businesses ...

In this role, you will support strategic and technical consulting engagements for health plans ... You will contribute to actuarial modeling, financial analysis, and project delivery efforts that ...

In this role, you will support strategic and technical consulting engagements for health plans ... You will contribute to actuarial modeling, financial analysis, and project delivery efforts that ...

Actuary / Senior Actuary, Pricing DRIVE PROFITABLE GROWTH FOR THE BUSINESS About At-Bay At-Bay is ... With 98% of cyber insurance claims in the past five years coming from small and mid-size businesses ...

In this role, you will support strategic and technical consulting engagements for health plans ... You will contribute to actuarial modeling, financial analysis, and project delivery efforts that ...

In this role, you will support strategic and technical consulting engagements for health plans ... You will contribute to actuarial modeling, financial analysis, and project delivery efforts that ...

In this role, you will support strategic and technical consulting engagements for health plans ... You will contribute to actuarial modeling, financial analysis, and project delivery efforts that ...

Lead Actuary

Costa Mesa, CA · On-site

$145K - $194K/yr

The Lead Actuarial Predictive Modeler creates predictive models with a primary focus on pricing ... This position is deeply involved in execution, managing accelerated timelines, maintaining pricing ...

Health Consulting Actuaries are an integral part of the overall client management and client ... This candidate should be in a leadership position in their current or previous role(s), which could ...

Lead Actuary

Costa Mesa, CA · On-site

$145K - $194K/yr

The Lead Actuarial Predictive Modeler creates predictive models with a primary focus on pricing ... This position is deeply involved in execution, managing accelerated timelines, maintaining pricing ...

Work you'll do As an Actuarial Senior Consultant on the Insights, Innovation & Operate team, you ... Ability to manage and prioritize multiple tasks in a fast-paced and dynamic environment * Strong ...

Showing results 21-40

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:

Actuary, Sutter Health Plan

Sutter Health

Sacramento, CA • On-site, Remote

$126K - $189K/yr

Full-time

Medical

Re-posted 21 days ago


Sutter Health rating

8.2

Company rating: 8.2 out of 10

Based on 327 frontline employees who took The Breakroom Quiz

55th of 888 rated healthcare providers


Job description

We are so glad you are interested in joining Sutter Health!
Organization:
SHSO-Sutter Health System Office-Valley
Position Overview:
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 pricing including benefit design, contracting, premium revenue, and trend forecasting. Monitors and reports on the performance of each business line, including Medicare Advantage and preferred provider organization health care plans. Participates as a key financial expert on Sutter Health's customer-facing negotiation team. Contributes to new business activities and new methods of delivering health benefits that enable patients and our health plan members to access care when, where, and how they want it. Partners with information services (IS) to ensure data integrity and integration of the health rules platform and the data warehouse for a scalable, configurable and verifiable data pipeline for healthcare analytics.
Job Description:
EDUCATION:
Equivalent experience will be accepted in lieu of the required degree or diploma.
  • Bachelor's in Actuarial Science, Economics, Mathematics or related field

TYPICAL EXPERIENCE:
  • 5 to 8 years of recent and relevant actuarial experience
  • ASA preferred
  • Member, American Academy of Actuaries (MAAA) preferred

SKILLS AND KNOWLEDGE:
  • Expertise in actuarial pricing, underwriting, statistical modeling, analytics, networks, forecasting and reserve systems, including expert knowledge of the applicable.
  • Actuarial Standards of Practice (ASOP) issued by Actuarial Standards Board (ASB), generally accepted accounting principles (GAAP) and internal/statutory financial reporting regulations.
  • Extensive knowledge of core health actuarial processes including pricing, valuation, and budgeting/forecasting with a demonstrated knowledge of the capitated delegated model and capitation terms including division of responsibility.
  • Thorough knowledge of healthcare delivery systems, integrated delivery systems and medical group practices, especially in a managed care environment, as well as an advanced understanding of key government programs ((Medicare/Medicaid) and market segments (individual, small group, etc.).
  • In-depth knowledge of premium rate and benefit pricing methodologies, including a working understanding of health care cost structures (fee schedules, actuarial cost categories, and health care utilization codes).
  • Advanced knowledge of key operational functions of a health plan, including expert knowledge of key dimensions of health plan data: Claims, Enrollment, and Revenue.
  • Superior business acumen, exceptional analytical and advanced project management skills, with the proven ability to provide innovative solutions to complex problems, reach practical conclusions, and institute effective changes.
  • Possess written and verbal communications skills to explain complex health plan regulations and technical information clearly and professionally to diverse audiences.
  • Proficiency in a range of actuarial and statistical software packages which include SQL and Excel Visual Basic (VBA) skills.
  • Analyze issues, predict downstream effects, and effectively prevent or resolve problems.
  • Work independently as well as be part of an interdisciplinary team, while demonstrating exceptional attention to detail and organizational skills.
  • Prioritize and delegate assignments under varied and urgent conditions and work based on experience, procedures, policies, and best practices to achieve objectives and meet deadlines.
  • Lead others to solve complex problems using sophisticated analytics to identify innovative solutions.
  • Influence individuals or groups with diverse opinions and to enlist cooperation without direct control/authority.
  • Ensure the privacy of each patient's protected health information (phi).
  • Build collaborative relationships with peers, other departments, stakeholders, management, and vendors to provide cost-effective healthcare to patients and our health plan members when, where, and how they want it.

Job Shift:
Days
Schedule:
Full Time
Days of the Week:
Monday - Friday
Weekend Requirements:
None
Benefits:
Yes
Unions:
No
Position Status:
Exempt
Weekly Hours:
40
Employee Status:
Regular
Sutter Health is an equal opportunity employer EOE/M/F/Disability/Veterans.
Pay Range is $126,256.00 to $189,384.00 / annual salary. California - Sacramento Valley, New Jersey, Washington Pay Range is $126,256.00 to $189,384.00 / annual salary. Colorado, Florida, Georgia, Illinois, Michigan, Minnesota, Nevada, North Carolina, Ohio, Oregon, Pennsylvania, Texas, Virginia Pay Range is $113,630.00 to $170,456.00 / annual salary. Arizona, Arkansas, Idaho, Illinois, Louisiana, Michigan, Minnesota, Missouri, Montana, South Carolina, Tennessee, Utah Pay Range is $101,004.00 to $151,507.00 / annual salary.
The compensation range may vary based on the geographic location where the position is filled. Total compensation considers multiple factors, including, but not limited to a candidate's experience, education, skills, licensure, certifications, departmental equity, training, and organizational needs. Base pay is only one component of Sutter Health's comprehensive total rewards program. Eligible positions also include a comprehensive benefits package.

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