L.A. Care Health Plan

Director, Actuarial Services

L.A. Care Health Plan

full-time

Posted on:

Location Type: Office

Location: Los AngelesCaliforniaUnited States

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Salary

💰 $149,502 - $254,152 per year

Job Level

About the role

  • 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)
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
actuarial tasksfinancial reportingbudgetingIBNR reserving processRate Development TemplateSpecial Data Requestdata analysisnegotiationstaff managementcoaching
Soft Skills
leadershipcommunicationteam motivationsupervisiontrainingproblem-solvingpresentation skillsinterpersonal skillsorganizational skillsprioritization
Certifications
Bachelor's Degree in MathematicsMaster's Degree in MathematicsMembers of the American Academy of Actuaries (MAAA)