About this role
Salary Range: $67,186.00 (Min.) - $87,342.00 (Mid.) - $107,498.00 (Max.)
Established in 1997, L.A. Care Health Plan is an independent public agency created by the state of California to provide health coverage to low-income Los Angeles County residents. We are the nation’s largest publicly operated health plan. Serving more than 2 million members, we make sure our members get the right care at the right place at the right time.
Mission: L.A. Care’s mission is to provide access to quality health care for Los Angeles County's vulnerable and low-income communities and residents and to support the safety net required to achieve that purpose.
Job Summary
The Actuarial Analyst I supports the financial reporting, forecasting, rate development, regulatory filings, provider contracting, and ad hoc analyses of the organization and throughout this develops analytical skills and industry knowledge.
Duties
Support monthly, quarterly, and annual financial reporting, budgeting and audit processes, including reserve calculations for claims and risk corridors.
Analyze claims and enrollment data to identify trends and provide actionable insights.
Collaborate with other Actuarial team members.
Perform data validation and quality checks to ensure the accuracy of actuarial analyses.
Document methodologies, assumptions, and results in a clear and organized manner.
Contribute to regulatory filings and compliance reports as needed.
Assist in ad hoc data analyses as needed.
Develop understanding of industry trends, regulatory changes, and actuarial best practices.
Perform other duties as assigned.
Duties Continued
Education Required
Education Preferred
Experience
Required:
No experience required.
Preferred:
Internship or academic experience involving actuarial work, data analysis, or healthcare finance is a plus
Experience with SQL, SAS, VBA, R, Python, or other data analysis tools is desirable.
Skills
Required:
Proficiency in Microsoft Excel
Strong analytical and problem-solving skills with attention to detail.
Effective verbal and written communication skills.
Licenses/Certifications Required
Licenses/Certifications Preferred
Required Training
Required:
Completion of at least 1 actuarial exam.
Preferred:
Completion of at least 2 actuarial exams.
Physical Requirements
Additional Information
Salary Range Disclaimer: The expected pay range is based on many factors such as geography, experience, education, and the market. The range is subject to change.
L.A. Care offers a wide range of benefits including
- Paid Time Off (PTO)
- Tuition Reimbursement
- Retirement Plans
- Medical, Dental and Vision
- Wellness Program
- Volunteer Time Off (VTO)
Other facts
About L.A. Care Health Plan
L.A. Care’s mission is to provide access to quality health care for L.A. County’s low-income communities, and to support the safety net required to achieve that purpose. As a publicly operated health plan, L.A. Care Health Plan serves more than 2.6 million members in Los Angeles County, making it the largest publicly operated health plan in the country. L.A. Care offers four health coverage plans including Medi-Cal, L.A. Care Covered™, L.A. Care Medicare Plus and the PASC-SEIU Homecare Workers Health Care Plan, all dedicated to being accountable and responsive to members. L.A. Care prioritizes quality, access and inclusion, elevating health care for all of L.A. County. For more information, follow us on X, Facebook, LinkedIn, Instagram and YouTube.
To learn more, visit www.lacare.org.
*For urgent inquiries: 1-888-4LA-CARE (1-888-452-2273)
What you'll do
- The Actuarial Analyst I supports financial reporting, forecasting, rate development, and regulatory filings. This role involves analyzing claims and enrollment data to identify trends and provide actionable insights.
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