Actuarial Associate: Healthcare Forecasting & Reserving

Blue Cross and Blue Shield of North Carolina; Michigan; Hybrid; USD 67,000 - 107,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

Parental leave and surrogacy support

Tuition reimbursement

401k match including an annual company

Job summary

Blue Cross NC is seeking an Actuarial Associate to advance actuarial skills while supporting reserve valuation, financial forecasting, and pricing activities. You will collaborate with cross-functional teams to provide analyses that inform health programs and business decisions.

You’ll work under experienced actuaries, with a focus on data analytics, rate studies, and enterprise risk management, while meeting Actuarial Development Program requirements.

Qualifications

• Bachelor's degree or advanced degree (where required).
• 0-2 years of experience in related field.
• Enrolled in the actuarial student program and is committed to completing the Society of Actuaries education system courses necessary to attain the ASA designation.

Responsibilities

• Analyzes financial, statistical and mathematical data and performs actuarial calculations.
• May assist in the determination of pricing, reserves and/or cash flow projections.
• Assists in performing rate studies used in determining rate adequacy.
• Assists in actuarial research, experience studies, and statistical analyses and calculations.
• Provides support to senior analysts or actuaries as required.
• Retrieves and validates data for rate filings and actuarial models. Assists senior staff in the building of model enhancements and determines reasons for changes to calculated factors.
• Distributes established reports and responds to inquiries.
• Investigates trends and anomalies.
• Supports Enterprise Risk Management.
• Provides analytic support for corporate and departmental projects.
• Is a participant in good standing in the Actuarial Development Program

Education

Bachelor's degree or advanced degree

Actuarial student program enrollment for ASA

Job description

Blue Cross NC is seeking an Actuarial Associate to advance actuarial skills while supporting reserve valuation, financial forecasting, and pricing activities. You will collaborate with cross-functional teams to provide analyses that inform health programs and business decisions.

You’ll work under experienced actuaries, with a focus on data analytics, rate studies, and enterprise risk management, while meeting Actuarial Development Program requirements.