Health Actuarial Analyst — Reserving & Forecasting (Hybrid)

Blue Cross NC; Carolina (NC); Hybrid; USD 81,000 - 130,000; Full time

Benefits offered by this job

Annual Incentive Bonus

Job summary

Blue Cross NC is seeking an actuarial professional to support financial forecasting, reserve valuation, and healthcare analytics initiatives. You will apply actuarial principles, statistical analysis, and business acumen to deliver insights that support strategic decision-making and the financial performance of our health plans.

Collaborate with a team of actuaries and provide consultative support to partners across Finance, Underwriting, Sales & Marketing, Network Management, Healthcare, and

Qualifications

• Bachelor's degree or advanced degree (where required).
• 2+ years of relevant actuarial experience. Related experience may be considered.
• Must have completed at least 3 exams towards the ASA designation.
• In lieu of meeting minimum exam requirements, may consider additional relevant experience.
• In lieu of meeting minimum experience requirements, may consider ASA or more exams towards the ASA.

Responsibilities

• Performs actuarial research, experience studies, and statistical analyses and calculations.
• Calculates premiums and reserves of new and existing plans of insurance.
• Provides support to senior analysts or actuaries as required.
• Retrieves and validates data for rate filings and actuarial models. Builds model enhancements and determines reasons for changes to calculated factors.
• Analyzes impacts of changes to product lines and segments.
• Communicates filing status to internal stakeholders and transmits rate filings to regulatory agencies (NCDOI, CMS).
• Retrieves and validates data for monthly reports and for UCL and ALR calculation.
• Supports valuation by executing ALR model and verifying results. Researches to support ALR assumption studies and UCL estimates.
• Distributes established reports and responds to inquiries. Investigates trends and anomalies.
• Executes control activities to support Enterprise Risk Management.
• Provides analytic support for corporate and departmental projects.
• Is a participant in good standing in the Actuarial Development Program

Skills

Actuarial Analysis

Actuarial Science

Analytical Support

Data Analysis

Data Verification

Experience Studies

Report Processing

Reports Analysis

Research Analysis

Researching

Education

Bachelor's degree or advanced degree

Job description

Blue Cross NC is seeking an actuarial professional to support financial forecasting, reserve valuation, and healthcare analytics initiatives. You will apply actuarial principles, statistical analysis, and business acumen to deliver insights that support strategic decision-making and the financial performance of our health plans.

Collaborate with a team of actuaries and provide consultative support to partners across Finance, Underwriting, Sales & Marketing, Network Management, Healthcare, and