Actuarial Analyst II: Forecasting, Pricing & Data Insights

Acturhire; Newark (NJ); On-site; USD 79,000 - 106,000; Full time

Benefits offered by this job

Comprehensive health benefits (Medical

Dental/Vision

Retirement Plans

Generous PTO

Incentive Plans

Wellness Programs

Tuition Reimbursement

Job summary

Horizon Blue Cross Blue Shield of New Jersey is seeking a mid-level Actuarial Analyst to support trend analysis, forecasting, data collection for financial reporting, and pricing model development. The role requires a Bachelor’s degree in a related field and 2+ years actuarial/statistics experience, with ASA candidate a plus.

Strong Excel, Access, and SAS skills are preferred. Salary range $79,100–$105,945 and a comprehensive benefits package accompany the position.

Qualifications

• Bachelor's degree is required, preferably within Mathematics, Statistics, Actuarial Sciences or a related field from an accredited college or university.
• Requires 2+ years of actuarial and/or statistics experience or attainment of Associate level in the Society of Actuaries (ASA).
• ASA candidate a plus.
• Requires working knowledge of Excel.
• Prefers working knowledge of Access or other database application.
• Prefers experience with SAS or other programming language.
• Prefers knowledge of data analysis and Actuarial principles.

Responsibilities

• Perform or support trend analysis.
• Perform or support forecasting.
• Collect and analyze data to use for financial and utilization reporting and monitoring (including IBNR).
• Develop pricing models and support pricing requests which may include rate filings, benefit adjustment factors, fee schedule analysis, new product pricing, etc.

Skills

Analytical thinking

Communication

Mathematical skills

Problem solving

Data analysis

Actuarial principles

Excel

SAS

Data interpretation

Education

Bachelor's degree in Mathematics

Bachelor's degree in Statistics

Bachelor's degree in Actuarial Sciences

Tools

Excel

Access

SAS

Job description

Horizon Blue Cross Blue Shield of New Jersey is seeking a mid-level Actuarial Analyst to support trend analysis, forecasting, data collection for financial reporting, and pricing model development. The role requires a Bachelor’s degree in a related field and 2+ years actuarial/statistics experience, with ASA candidate a plus.

Strong Excel, Access, and SAS skills are preferred. Salary range $79,100–$105,945 and a comprehensive benefits package accompany the position.