Associate Actuary

Hybrid role (3 days/week in office) at our Renton office.

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 Associate Actuary is living our mission to make health care easier and lives better. As a member of the Actuarial Analytics team, our The Associate Actuary leads and performs technical, analytical, reporting and support functions, collaborating with peers, management, and customers, to help the Cambia Actuarial and Healthcare Informatics departments and the company meet market and financial goals – all in service of creating a person-focused health care experience.  

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

Skills and Attributes: 

• Completed requirements for Associateship in the Society of Actuaries (ASA), or in process with equivalent actuarial experience.
• Demonstrated analytical and problem-solving skills; displays curiosity.
• Demonstrated knowledge of insurance company functions, operations, and data.
• Effective verbal and written communications.
• Ability to work independently and in teams, as appropriate, for complex projects with significant risk and financial impacts.
• Demonstrated technology expertise with Microsoft Office Suite and coding (e.g, SQL, SAS, Alteryx).
• Familiarity with relational databases and client-server concepts.
• Demonstrated computer skills using ETL, SQL coding and report tools.
• Must be able to develop efficient and effective program and system solutions in solving business problems.
• Ability to review, analyze, and enhance configuration/programming systems including coding, testing, and debugging.
• Experience with AI tools and technologies to enhance productivity and decision-making in professional settings highly desired

What You Will Do at Cambia:  

• Develops new methodologies; recommends methodology, assumptions, or process improvements to team management; may perform actuarial certification duties.
• Presents results to customers; effectively develops and reviews written responses to complex regulator or customer questions.
• Demonstrated success with personal and team project management; develops workplans and documentation.
• Performs peer review of regular and ad hoc work products, following department and team quality assurance standards; understands risk level of work products; ensures compliance with applicable Actuarial Standards of Practice.
• Interprets business requirements and develops design specifications.
• Writes code or configuration to implement business requirements using approved technologies.
• Develops tests to validate correct implementation of the business requirements.
• Effectively manages work and study time; actively manages own development plan.

Work Environment

• Travel may be required, either locally or out of state
• May be required to work outside of normal business hour

Washington: The expected hiring range is $104,000 - $110,000, the full salary range is $104,000.00 – $171,000.00 and the bonus target is 15%.

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.

As part of our security requirements, new hires will need access to a personal mobile device to set up Multi-Factor Authentication (MFA) upon joining the company. MFA is an important layer of protection for accessing Cambia systems and is required for all employees.