Actuarial Assistant

BlueCross BlueShield of Tennessee; United States; Hybrid; USD 60,000 - 75,000; Full time

Job summary

BlueCross BlueShield of Tennessee is seeking an entry-level actuarial student to join the Actuarial Division. You will work with actuarial models to set reserves, estimate risk adjustment, produce forecasts, and develop premiums for our lines of business.

The role offers remote, hybrid, or in-office work options and opportunities to shape AI usage in Actuarial. The ideal candidate has completed at least one SOA exam and will collaborate across teams to enhance actuarial analysis.

Qualifications

• Education BS/BA in actuarial science, mathematics, statistics or related field.
• SOA exams completed required.
• Proficient in MS Office and communication strengths.

Responsibilities

• Develop models for pricing, forecasting, or valuation of the Commercial and Government lines of business.
• Retrieve and/or prepare data for model development.
• Monitor emerging experience and analyze actual vs. expected results.
• Present technical work results to supervisor and peers.
• Prepare documentation of methods and assumptions used in the models and experience monitoring.
• Perform technical peer review for others in the Actuarial Division.

Skills

SOA exams completed

MS Office proficiency

Strong communication skills

Interpersonal & organizational skills

Education

BS/BA in actuarial science, mathematics, statistics or related field

Tools

Microsoft Office

Job description

We are hiring an entry-level actuarial student to join the Actuarial Division at BCBST! In this role, you'll work with various actuarial models to set reserves, estimate and review risk adjustment, produce monthly forecasts, and develop premiums for our lines of business. You'll have the opportunity to help shape how AI is used within Actuarial, working with the latest AI models and development tools to build new applications, automate workflows, and enhance actuarial analysis. The role provides ample opportunities to collaborate with Actuarial teams across BCBST. The ideal candidate will have completed at least one Society of Actuaries (SOA) exam. Note: The role offers a flexible work environment, with options to work fully remote, hybrid, or in the office. Sponsorship is not available for this position.

Job Duties & Responsibilities

• Develop models to be used for pricing, forecasting, or valuation of the Commercial and Government lines of business.
• Retrieve and/or prepare data to be used in model development.
• Monitor emerging experience and analyze actual vs. expected results.
• Present technical work results to supervisor and peers.
• Prepare documentation of methods and assumptions used in the models and experience monitoring.
• Perform technical peer review for others in the Actuarial Division.

Job Qualifications

• Education BS or BA Degree in actuarial science, mathematics, statistics or related field required.
• Experience Skills/Certifications Completion of 1 or more Society of Actuaries (SOA) exams required
• Proficient in Microsoft Office (Outlook, Word, Excel and PowerPoint)
• Strong oral and written communication skills
• Strong interpersonal and organizational skills

Number of Openings Available 1

Worker Type: Employee

Company: BCBST BlueCross BlueShield of Tennessee , Inc.

Applying for this job indicates your acknowledgement and understanding of the following statements:

BCBST will recruit, hire, train and promote individuals in all job classifications without regard to race, religion, color, age, sex, national origin,citizenship, pregnancy, veteran status, sexual orientation, physical or mental disability, gender identity, or any other characteristic protected by applicable law.

Further information regarding BCBST's EEO Policies/Notices may be found by reviewing the following page: BCBST's EEO Policies/Notices

BlueCross BlueShield of Tennessee is not accepting unsolicited assistance from search firms for this employment opportunity.

All resumes submitted by search firms to any employee at BlueCross BlueShield of Tennessee via-email, the Internet or any other method without a valid, written Direct Placement Agreement in place for this position from BlueCross BlueShield of Tennessee HR/Talent Acquisition will not be considered.

No fee will be paid in the event the applicant is hired by BlueCross BlueShield of Tennessee as a result of the referral or through other means.

Originally posted on Himalayas