Actuarial Analyst - D-SNP

Blue Cross and Blue Shield of North Carolina
1d$81,068 - $129,708

About The Position

Are you passionate about applying your analytical skills to make a meaningful impact in healthcare? As an Actuarial Analyst - D-SNP, you’ll play a key role in supporting our Medicare product valuation and reserving efforts, with a dedicated focus on the Dual Eligible Special Needs Plan (D-SNP) line of business. Working in close collaboration with a team of experienced actuaries, you’ll blend your expertise in mathematics, probability, and statistics with essential business insights to deliver high-impact solutions for rating/pricing, valuation, healthcare economics, and financial forecasting. In this role, you’ll provide valuable actuarial support to teams across Network Management, Underwriting, Sales and Marketing, Finance, and Healthcare, ensuring a unified approach to the actuarial aspects of our health programs. If you’re looking for an opportunity to grow your career, contribute to innovative health solutions, and be part of a supportive, dynamic environment, we invite you to apply and help shape the future of Medicare programs at our organization.

Requirements

  • 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 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.

Nice To Haves

  • Prior experience with Medicare Advantage or PDP
  • Prior experience in Health Reserving
  • Dual Eligible Special Needs Plan (D-SNP) experience a plus

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

Benefits

  • The opportunity to work at the cutting edge of health care delivery with a team that’s deeply invested in the community.
  • Work-life balance, flexibility, and the autonomy to do great work.
  • Medical, dental, and vision coverage along with numerous health and wellness programs.
  • Parental leave and support plus adoption and surrogacy assistance.
  • Career development programs and tuition reimbursement for continued education.
  • 401k match including an annual company contribution
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