Actuarial Analyst - Hybrid/Remote Health Pricing & Forecasting

Blue Cross and Blue Shield of North Carolina; Milwaukee (WI); Hybrid; USD 81,000 - 130,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

401k with employer match

Paid time off

Job summary

Blue Cross NC seeks an Actuarial Analyst to support rating, pricing, valuation, healthcare economics, and financial forecasting. The role applies mathematics, probability, statistics, and business principles to provide technical actuarial support within a team of actuaries across Network Management, Underwriting, Sales and Marketing, Finance, and Healthcare teams.

The position performs actuarial research, supports data retrieval for rate filings and models, and contributes to monthly reports and

Qualifications

• Bachelor's degree or advanced degree in a relevant field.
• 2+ years actuarial experience.
• Must have completed at least 3 ASA exams.
• In lieu of minimum exam requirements, may consider additional relevant experience.
• In lieu of minimum experience requirements, ASA or more exams may be considered.

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 analyzes factors.
• 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 or advanced degree

2+ years actuarial experience

Completed at least 3 ASA exams

ASA or more exams considered

Job description

Blue Cross NC seeks an Actuarial Analyst to support rating, pricing, valuation, healthcare economics, and financial forecasting. The role applies mathematics, probability, statistics, and business principles to provide technical actuarial support within a team of actuaries across Network Management, Underwriting, Sales and Marketing, Finance, and Healthcare teams.

The position performs actuarial research, supports data retrieval for rate filings and models, and contributes to monthly reports and