Assistant Actuarial Analyst or Assistant Actuary

Actuarial Analyst Assistant or Actuary Assistant

Work a Hybrid schedule in 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 Actuaries team, our performs technical, analytical, reporting and support functions, collaborating with peers and management, to help the Cambia Actuarial and Healthcare Informatics departments and the company meet market and financial goal – all in service of creating a person-focused health care experience.  

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 and their customers. 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. 

What You Bring to Cambia: 

Qualifications:  

 The Assistant Actuarial Analyst would have a bachelor’s degree in mathematics, actuarial science, statistics, economics, computer science or related discipline, or an equivalent combination of education and experience.

The Assistant Actuary would have a bachelor's degree in mathematics, actuarial science, statistics, economics, computer science or related discipline, and at least two years of increasingly responsible actuarial job experience, or an equivalent combination of education and experience.

What You Will Bring to Cambia: 

• Passed at least one Society of Actuaries (SOA) exam; preferably completed SOA VEE requirements.

• Demonstrated analytical and problem-solving skills; displays curiosity.

• Business sense, including finance, accounting, economics, statistics, and risk management principles.

• Effective verbal and written communications.

• Ability to work independently and in teams, as appropriate.

• Demonstrated technology proficiency with Microsoft Office Suite and coding (e.g., SQL, SAS, Alteryx).

• Demonstrated knowledge of insurance company functions, operations, and data.

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

Additional Requirements for Actuarial Assistant

• In process of completing, or completed, requirements for Associateship in the Society of Actuaries (ASA).

Additional Requirements for Actuary Associate

• Completed requirements for Associateship in the Society of Actuaries (ASA), or in process with equivalent actuarial experience.

What You Will Do at Cambia:  

Actuarial Analyst Assistant:

• Acquiring skills in Microsoft Office Suite, health plan data, and coding for model development and data queries.

• Creates, maintains, updates and reviews established data queries and models; may recommend methodology or process improvements.

• Accurately prepares, updates and reviews regular work products, including project code, analytic models, data visualizations, and associated documentation; actively collaborates with peers.

• Assembles deliverables for customers and drafts responses to customer questions.

• Performs peer review of technical work products and acceptance testing of new reports, programs, and models, following department and team quality assurance standards.

• Meets established project deadlines; informs manager of work progress, new requests, and conflicts.

• Regular progress on passing actuarial exams to achieve actuarial credentials (ASA, MAAA).

• Effectively manages work and study time; contributes to own development plan.

Assistant Actuary:

• Expertise in insurance data, Microsoft Office Suite, and coding for model development and data queries.

• Manages regular team projects, workplans and documentation; actively collaborates with peers; may delegate to junior team members.

• Develops new methodologies; recommends methodology or process improvements.

• Presents results to customers; effectively develops and reviews written responses to regulator or customer questions.

Work Environment

Travel may be required, either locally or out of state

May be required to work outside of normal business hours

The expected hiring range for a Actuarial Analyst Assistant is $76,500.00 - $103,500.00 depending on skills, experience, education, and training; relevant licensure / certifications; performance history; and work location. The bonus target for this position is 10%.  The current full salary range for this role is $72,000.00 to $117,000.00.

The expected hiring range for a Actuary Assistant is $92,650.00 - $125,350.00 depending on skills, experience, education, and training; relevant licensure / certifications; performance history; and work location. The bonus target for this position is 10%.  The current full salary range for this role is $87,000.00 to $142,000.00.

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About Cambia

Working at Cambia means being part of a purpose-driven, award-winning culture built on trust and innovation anchored in our 100+ year history. Our caring and supportive colleagues are some of the best and brightest in the industry, innovating together toward sustainable, person-focused health care.  Whether we're helping members, lending a hand to a colleague or volunteering in our communities, our compassion, empathy and team spirit always shine through.

Why Join the Cambia Team?

At Cambia, you can:  

• Work alongside diverse teams building cutting-edge solutions to transform health care.  
• Earn a competitive salary and enjoy generous benefits while doing work that changes lives.  
• Grow your career with a company committed to helping you succeed. 
• Give back to your community by participating in Cambia-supported outreach programs.  
• Connect with colleagues who share similar interests and backgrounds through our employee resource groups.  

We believe a career at Cambia is more than just a paycheck – and your compensation should be too. Our compensation package includes competitive base pay as well as a market-leading 401(k) with a significant company match, bonus opportunities and more.  

In exchange for helping members live healthy lives, we offer benefits that empower you to do the same. Just a few highlights include: 

• 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. 

Learn more about our benefits. 

We are happy to offer work from home options for most of our roles. To take advantage of this flexible option, we require employees to have a wired internet connection that is not satellite or cellular and internet service with a minimum upload speed of 5Mb and a minimum download speed of 10 Mb.