Remote Actuary - Forecasting, Pricing & Analytics

Blue Cross & Blue Shield of Rhode Island; Providence (RI); Hybrid; USD 116,900 - 187,100; Full time

Benefits offered by this job

Flexible work arrangements

Tuition reimbursement

Student-loan repayment

Health insurance

Dental insurance

Vision insurance

Paid time off

Job summary

Blue Cross & Blue Shield of Rhode Island is seeking an Actuary to support pharmacy benefit pricing, forecasting, and financial analysis. The role involves modeling, data extraction, and regulatory reporting in a collaborative, remote/hybrid environment.

The ideal candidate will have a math or economics degree, 3–5 years of actuarial experience, and an ASA designation, with strong analytical and communication skills.

Qualifications

• Bachelor’s degree in Mathematics, Economics, or related field, or an equivalent combination of education and experience.
• Three to five years actuarial experience; ASA designation preferred.
• Ability to interpret and perform financial forecasting, statistical modeling, and trend analysis.
• Excellent verbal and written communication skills.

Responsibilities

• Monitor, analyze, and report on the effectiveness of the existing rating formula; perform forecasting and trend analysis.
• Develop statistical and actuarial models to assess rate and reserve adequacy; evaluate corporate loss reserves.
• Design and write computer programs to extract data from databases; analyze claims, enrollment, and health data.
• Prepare regulatory reporting requirements and contribute to department initiatives and projects.

Skills

Actuarial experience

ASA designation

Statistical modeling

Forecasting

Data analysis

Programming

Communication

Education

Bachelor’s degree in Mathematics or Economics or related field

ASA designation

Job description

Blue Cross & Blue Shield of Rhode Island is seeking an Actuary to support pharmacy benefit pricing, forecasting, and financial analysis. The role involves modeling, data extraction, and regulatory reporting in a collaborative, remote/hybrid environment.

The ideal candidate will have a math or economics degree, 3–5 years of actuarial experience, and an ASA designation, with strong analytical and communication skills.