Actuarial Analyst - Health Pricing & Forecasting

Blue Cross and Blue Shield of North Carolina; Kentucky; Hybrid; USD 81,000 - 130,000; Full time

Benefits offered by this job

Medical/Dental/Vision coverage

Parental leave and adoption assistance

Tuition reimbursement

401(k) match

Paid time off

Job summary

Blue Cross NC is seeking an Actuarial Analyst to support rating, pricing, valuation, and forecasting. The role applies mathematics, statistics, and business principles to provide technical actuarial support across teams.

The position collaborates with actuaries, underwriting, sales, finance, and healthcare teams to ensure coordinated health program analysis and data validation for rate filings and monthly reports.

Qualifications

• Bachelor's degree or advanced degree (where required).
• 2+ years of relevant actuarial experience. Related experience may be considered.
• Must have completed at least 3 exams towards the eventual attainment of the ASA designation.

Responsibilities

• Performs actuarial research, experience studies, and statistical analyses and calculations.
• Calculates premiums and reserves of new and existing plans of insurance.
• Provides support to senior analysts or actuaries as required.
• Retrieves and validates data for rate filings and actuarial models. Builds model enhancements and determines reasons for changes to calculated factors.
• Analyzes impacts of changes to product lines and segments.
• Communicates filing status to internal stakeholders and transmits rate filings to regulatory agencies (NCDOI, CMS).
• Retrieves and validates data for monthly reports and for UCL and ALR calculation.
• Supports valuation by executing ALR model and verifying results.
• Distributes established reports and responds to inquiries. Investigates trends and anomalies.
• Executes control activities to support Enterprise Risk Management.
• Provides analytic support for corporate and departmental projects.
• Is a participant in good standing in the Actuarial Development Program

Skills

Actuarial Analysis

Actuarial Science

Analytical Support

Data Analysis

Data Verification

Experience Studies

Report Processing

Reports Analysis

Research Analysis

Researching

Education

Bachelor's degree

Advanced degree

ASA exam progress

Job description

Blue Cross NC is seeking an Actuarial Analyst to support rating, pricing, valuation, and forecasting. The role applies mathematics, statistics, and business principles to provide technical actuarial support across teams.

The position collaborates with actuaries, underwriting, sales, finance, and healthcare teams to ensure coordinated health program analysis and data validation for rate filings and monthly reports.