Actuarial Analyst II - Stop-Loss & Forecasting Specialist

Horizon Blue Cross Blue Shield; Newark, Northern (NJ, KY); Hybrid; USD 79,000 - 106,000; Full time

Benefits offered by this job

Health benefits

Retirement Plans

Generous PTO

Incentive Plans

Wellness Programs

Paid Volunteer Time Off

Tuition Reimbursement

Job summary

Horizon Blue Cross Blue Shield of New Jersey is seeking a mid-level actuarial analyst within the Actuarial Department. You will handle trend analysis, pricing support, reserving, and forecasting for Stop Loss and Level Funded products.

The role requires a Bachelor’s degree in a related field and 2+ years of actuarial experience, with ASA pursuit highly preferred. You will partner with teams to develop pricing models, analyze data for financial and utilization insights, and support strategic

Qualifications

• Requires a Bachelor’s degree in Mathematics, Statistics, Actuarial Sciences or related field.
• Requires 2+ years of actuarial and/or statistics experience.
• Working towards an ASA is highly preferred.

Responsibilities

• Design, perform or support trend analysis.
• Perform pricing, underwriting support, reserving and forecasting for Stop Loss and Level Funded groups.
• Support forecasting and data-driven decision making for pricing and risk assessment.
• Collaborate with internal and external partners on pricing decisions and risk strategies.
• Develop or support pricing models and related adjustments (benefits, fees, product pricing).
• Collect and analyze data for financial and utilization analyses, including IBNR.
• Lead meetings with business partners to explain actuarial analyses and results.

Skills

Analytical thinking

Communication

Mathematics

Problem solving

Education

Bachelor's degree in Mathematics/Statistics/Actuarial Sciences or related field

Tools

Excel

SQL

SAS

Tableau

Power BI

Job description

Horizon Blue Cross Blue Shield of New Jersey is seeking a mid-level actuarial analyst within the Actuarial Department. You will handle trend analysis, pricing support, reserving, and forecasting for Stop Loss and Level Funded products.

The role requires a Bachelor’s degree in a related field and 2+ years of actuarial experience, with ASA pursuit highly preferred. You will partner with teams to develop pricing models, analyze data for financial and utilization insights, and support strategic