Hybrid Actuarial Analyst: Health Forecasting & Analytics

Blue Cross and Blue Shield of North Carolina; Boise (ID); Hybrid; USD 81,000 - 130,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

401k with company match

Paid time off (PTO)

Parental leave and adoption/surrogacy;

Job summary

Blue Cross NC is seeking an Actuarial Analyst to support rating and pricing, valuation, health economics, and financial forecasting. You will work with a team of actuaries to provide technical actuarial support across Network Management, Underwriting, Sales and Marketing, Finance, and Healthcare.

The role requires at least 2 years of actuarial experience, progression toward ASA, and the ability to retrieve and validate data for rate filings and monthly reports.

Qualifications

• Bachelor's degree or advanced degree (where required).
• 2+ years of relevant actuarial experience.
• Must have completed at least 3 exams towards the eventual attainment of 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 eventual attainment of 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.
• Analyses 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 Thinking

Data Analysis

Experience Studies

Education

Bachelor's degree or advanced degree

Job description

Blue Cross NC is seeking an Actuarial Analyst to support rating and pricing, valuation, health economics, and financial forecasting. You will work with a team of actuaries to provide technical actuarial support across Network Management, Underwriting, Sales and Marketing, Finance, and Healthcare.

The role requires at least 2 years of actuarial experience, progression toward ASA, and the ability to retrieve and validate data for rate filings and monthly reports.