Principal Actuarial Analyst: Pay-for-Value Strategy Lead

Blue Shield of CA; Oakland (CA); Hybrid; USD 150,000 - 210,000; Full time

Job summary

Blue Shield of California is seeking an Actuarial Analyst, Principal to partner with senior leadership on value-based care strategies and innovative payment models that improve affordability and outcomes. You will guide cross-functional teams, shape enterprise programs, and drive measurable impact.

You will lead a small actuarial team, mentor colleagues, and communicate complex analyses to executives, balancing strategic vision with rigorous financial modeling.

Qualifications

• Bachelor's degree in mathematics, statistics, actuarial science, economics, computer science or equivalent business experience.
• ASA designation (or working toward FSA).
• 8+ years of professional actuarial experience.
• Experience leading complex actuarial and strategic initiatives with significant organizational impact.
• Expert-level proficiency in Excel and analytical programming languages such as SQL, Python, and SAS.
• Experience mentoring actuarial analysts or other quantitative professionals.
• Ability to communicate complex actuarial findings to senior leadership.
• Desirable experience with Tableau and Power BI for dashboards and reporting.

Responsibilities

• Lead actuarial and strategic initiatives with cross-functional stakeholders to drive value-based care programs.
• Develop sophisticated financial models, forecasting methodologies, pricing and savings analyses, and scalable decision-support tools.
• Mentor and develop actuarial analysts and other quantitative professionals.
• Communicate complex findings and strategic recommendations to senior and executive leadership.
• Partner with Blue Shield leadership to shape enterprise Pay for Value programs and provider partnerships.

Skills

Excel

SQL

Python

SAS

Tableau

Power BI

Leadership

Forecasting

Automation

Communication

Education

Bachelor's degree in Mathematics/Statistics/Actuarial Science

ASA designation in progress toward FSA

Tools

Excel

SQL

Python

SAS

Job description

Blue Shield of California is seeking an Actuarial Analyst, Principal to partner with senior leadership on value-based care strategies and innovative payment models that improve affordability and outcomes. You will guide cross-functional teams, shape enterprise programs, and drive measurable impact.

You will lead a small actuarial team, mentor colleagues, and communicate complex analyses to executives, balancing strategic vision with rigorous financial modeling.