Advanced Analytics Analyst I

Blue Cross Blue Shield of Massachusetts; Boston (MA); On-site; USD 67,000 - 82,000; Full time

Benefits offered by this job

Comprehensive benefits

Job summary

Blue Cross Blue Shield of Massachusetts seeks an Actuarial Advanced Analyst I to join the Actuarial Leadership Development program. ALDP participants focus on informing corporate strategy in competitiveness, affordability, profitability, provider payment reform and health care policy.

You will work with a robust Enterprise Data Warehouse to identify drivers of health care trends and costs, design visualizations, and build models to influence new products and provider payment structures,

Qualifications

• Bachelor’s degree in math, business, healthcare or related field.
• Minimum of 1 actuarial exam completed.
• 0-2 years in healthcare or related industry.
• 0-2 years in data analysis with SAS/SQL/R/Python.
• 0-2 years’ experience creating data visualizations in Tableau.

Responsibilities

• Work with a rich dataset and Enterprise Data Warehouse to identify drivers of healthcare cost and trends.
• Design visualizations and build models to analyze products and provider payment and delivery mechanisms.
• Lead or assist in developing recommendations to departments and business partners.
• Contribute to determining objectives of significant projects and analyses.

Skills

Data analysis

Visualization

Actuarial knowledge

Education

Bachelor's degree

Actuarial exam

Tools

SAS

SQL

Python

R

Tableau

Job description

What We Need

Blue Cross Blue Shield of Massachusetts (BCBSMA) seeks an Actuarial Advanced Analyst I to join the Actuarial Leadership Development program. ALDP Participants focus on informing corporate strategy in critical areas including competitiveness, affordability, profitability, provider payment reform and health care policy.

Your Day to Day

Work with a rich dataset and a robust well-established Enterprise Data Warehouse to identify emerging drivers of health care trend and cost, market pressures, and profitability Design compelling visualizations and build innovative models to influence and analyze new products, provider payment structures, and health care delivery mechanisms that will lower cost and improve the quality of care provided to our members Lead and/or assist the development of recommendations to various departments and business partners Lead and/or assist in development of processes/analyses to determine financial performance or evaluate cost/benefit, working to ensure consistent representation across the entire business Participate in determining objectives of significant projects or assignments

This document is not an exhaustive list of all responsibilities, skills, duties, requirements, or working conditions associated with the job. Employees may be required to perform other job-related duties.

We’re Looking For

• Bachelor’s degree required. Math, Business, Healthcare or related field strongly preferred
• A minimum of 1 completed actuarial exam required
• 0-2 years of experience preferably in healthcare or related industry
• 0-2 years’ experience in data analysis/extraction/manipulation using tools like SAS, SQL, R, Python, etc.
• 0-2 years’ experience developing data visualization in tools such as Tableau and analytic automation (scripting, macros) strongly preferred

What You Bring

• Ability to communicate (written & verbal) and collaborate with various business partners, including clinical and technical and non-technical staff required
• Proven ability to constantly innovate
• Commitment to participate in the Actuarial Leadership Development Program and obtain FSA designation

What You’ll Gain

• Experience as an actuarial analyst through participation in our rotational development program, designed to ensure all program members are exposed to a wide range of actuarial positions
• The ability to enhance technical skills such as Python and Tableau through offerings in collaboration with our Data & Analytics community
• A robust support network through the Actuarial Leadership Development Program – exam support through both study time and study materials, access to career planning tools, leadership development training, and more!

Minimum Education Requirements

High school degree or equivalent required unless otherwise noted above

Location

Boston

Time Type

Full time

Salary Range

$66,870.00 - $81,730.00

The job posting range is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. An employee’s pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, performance, shift, travel requirements, sales or revenue-based metrics, and business or organizational needs and affordability.

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, or any other form of compensation that are allocable to a particular employee remains in the Company’s sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.

• We offer comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), and a suite of well-being benefits to eligible employees.
• This job is also eligible for variable pay.

WHY Blue Cross Blue Shield of MA?

We understand that the confidence gap and imposter syndrome can prevent amazing candidates coming our way, so please don’t hesitate to apply. We’d love to hear from you. You might be just what we need for this role or possibly another one at Blue Cross Blue Shield of MA. The more voices we have represented and amplified in our business, the more we will all thrive, contribute, and be brilliant. We encourage you to bring us your true colors, , your perspectives, and your experiences. It’s in our differences that we will remain relentless in our pursuit to transform healthcare for ALL.

As an employer, we are committed to investing in your development and providing the necessary resources to enable your success. Learn how we are dedicated to creating an inclusive and rewarding workplace that promotes excellence and provides opportunities for employees to forge their unique career path by visiting our Company Culture page. If this sounds like something you’d like to be a part of, we’d love to hear from you.

At Blue Cross Blue Shield of Massachusetts, we believe in wellness and that work/life balance is a key part of associate wellbeing. For more information on how we work and support that work/life balance visit our \"How We Work\" Page.