Actuarial Analyst II

Overview

The Actuarial Analyst supports ceded reinsurance operations for Employee Benefits, including Long Term Disability, Group Life, and AD&D. This role focuses on monthly claims valuation, reinsurance billing, reimbursement tracking, and financial reporting. Responsibilities include reviewing data for accuracy, applying reinsurance treaty provisions, investigating discrepancies, and supporting automated workflows. The role also partners with actuarial, accounting, and other teams to support reporting, process improvements, and business needs.

Responsibilities

• Execute monthly ceded claims valuations and apply reinsurance treaty provisions to claims and reserves.
• Prepare and review reinsurance billing, adjustments, and supporting documentation.
• Track reimbursements, reconcile payments, and investigate outstanding or disputed items.
• Validate data, maintain treaty information, and monitor automated processes and reporting.
• Support testing, audits, documentation, actuarial requests, and continuous process improvement.

Requirements

• Education: Associate’s degree required; bachelor’s degree preferred.
• Experience: Minimum of 2 years of relevant experience or an equivalent combination of education and experience.
• Proficiency in Microsoft Excel and experience working with data, calculation systems, or reporting tools.
• Strong analytical and problem-solving skills with excellent attention to detail.
• Ability to investigate discrepancies, reconcile data, and interpret business rules or contract provisions.
• Comfort working with automated processes and technical tools; experience with Databricks, SAS, SQL, Python, VBA, or Azure DevOps is a plus.
• Strong organizational skills with the ability to manage multiple priorities and deadlines.
• Effective communication and relationship-building skills with internal and external stakeholders.

Preferred Qualifications

• Bachelor’s degree.
• Experience with actuarial, accounting, or reporting processes involving reinsurance treaty provisions.

Compensation & Benefits

• Salary Range: $66,000.00 - $96,250.00
• Annual incentive bonus plan
• Benefits package including medical, dental, vision, and a 401(k) plan with matching company contributions
• Generous paid time off including 11 holidays, 2 wellness days, and 8 volunteer hours annually; PTO increases with tenure
• Paid parental leave and adoption/surrogacy assistance
• Employee giving program that double matches donations to eligible nonprofits and schools
• Eligibility to participate in an incentive program is subject to the rules governing the program and plan; any award depends on a variety of factors including individual and organizational performance.
• The actual compensation for this role will be based on a combination of education and experience, knowledge and skills, position budget, internal equity, and market data.

Additional Information

• Positions will be posted for at least 5 days from original posting date.
• Drug- and alcohol-free work environment.
• Criminal background investigation, employment, education, and licensing verification required as a condition of employment.
• Background checks include an individualized assessment based on the applicant’s specific record and the duties and requirements of the specific job after any conditional offer of employment.
• Employees must be bondable.

Equal Opportunity

Affirmative Action/Equal Opportunity employers. All qualified applicants will receive consideration for employment without regard to race, religion, color, sex, national origin, gender identity, sexual orientation, age, disability, or veteran status or any other condition protected by federal, state, or local law. Except where precluded by state or federal law, qualified applicants with arrest and conviction records will be considered pursuant to the San Francisco Fair Chance Ordinance.