Actuarial Analyst — Hybrid/Remote with Growth & Impact

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

Job summary

Blue Cross NC is seeking an Actuarial Analyst to support rating, pricing, valuation, and financial forecasting. You will apply mathematics, probability, statistics, and business principles to provide technical actuarial support and work with a team of actuaries.

Hybrid work options with collaboration across departments are available. The role requires at least 2 years of actuarial experience and ongoing ASA exam progress, with opportunities for professional development and a comprehensive

Qualifications

• Bachelor's degree or advanced degree (where required).
• 2+ years of relevant actuarial experience.
• Must have completed at least 3 exams towards the ASA designation.
• In lieu of meeting minimum exam requirements, ASA or more exams may be considered.

Responsibilities

• Performs actuarial research, experience studies, and statistical analyses and calculations.
• Calculates premiums and reserves for 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.
• Researches to support ALR assumption studies and UCL estimates.
• 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 designation / exams

Job description

Blue Cross NC is seeking an Actuarial Analyst to support rating, pricing, valuation, and financial forecasting. You will apply mathematics, probability, statistics, and business principles to provide technical actuarial support and work with a team of actuaries.

Hybrid work options with collaboration across departments are available. The role requires at least 2 years of actuarial experience and ongoing ASA exam progress, with opportunities for professional development and a comprehensive