Senior Actuarial Analyst, Pharmacy Economics (Hybrid)

Blue Cross and Blue Shield of North Carolina

Iowa

Hybrid

USD 98,000 - 157,000

Full time

3 days ago
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Benefits offered by this job

401k with company match
Annual incentive bonus
Health, dental, and vision coverage
Parental leave and adoption support
Paid time off

Job summary

Blue Cross NC seeks a Senior Actuarial Analyst - Pharmacy Medical Economics to apply actuarial and analytical expertise to pharmacy strategy. You will collaborate across teams, turning data into insights and supporting a variety of actuarial functions to help drive informed business decisions and improved performance.

You will contribute to trend analysis, profitability monitoring, and pricing research while staying current with industry developments.

Qualifications

  • Bachelor's degree or advanced degree (where required).
  • 4+ years of actuarial experience. Related experience may be considered.
  • Completed 5 or more exams towards ASA; ASA or more exams may be considered.

Responsibilities

  • Supports pharmacy trend and hot spot analysis.
  • Evaluates moderately complex trend analysis.
  • Monitors and forecasts pharmacy profitability.
  • Provides actuarial support for corporate pharmacy initiatives.
  • Performs pricing research projects, including experience and trend analyses, book of business studies, vendor analyses, etc.
  • Monitors industry news and ensures the company is competitively well-positioned in a dynamic marketplace.
  • Proactively reviews advanced data analytic methods and identifies opportunities to improve team processes.
  • Participates in requirements gathering for and serves as delegate or backup for corporate projects. Generates ideas and analytical approaches for Departmental projects.
  • Plans, implements, manages and/or contributes to projects that are moderate/high complexity.
  • Is a participant in good standing in the Actuarial Development Program.

Skills

Actuarial analysis
Actuarial consulting
Actuarial science
Business analysis
Complex project management
Financial modeling
Hiring management
People management
Risk assessments
Valuation analysis

Education

Bachelor's degree
Advanced degree

Tools

SQL

Job description

Blue Cross NC seeks a Senior Actuarial Analyst - Pharmacy Medical Economics to apply actuarial and analytical expertise to pharmacy strategy. You will collaborate across teams, turning data into insights and supporting a variety of actuarial functions to help drive informed business decisions and improved performance.

You will contribute to trend analysis, profitability monitoring, and pricing research while staying current with industry developments.

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