Actuarial Analyst II

Blue Cross Blue Shield of Massachusetts • Boston, MA

1d • $85,000 - $114,200

About The Position

Ready to help us transform healthcare? Bring your true colors to blue. What we need Blue Cross Blue Shield of Massachusetts (BCBSMA) seeks an experienced actuarial analyst to join the Actuarial Leadership Development program. Members of the Actuarial Leadership Development Program support our corporate strategy in critical areas including competitiveness, affordability, profitability, provider payment reform and health care policy. Your Day to Day Work with a rich dataset and a robust well-established Enterprise Data Warehouse to identify emerging drivers of health care trend and cost, market pressures, and profitability. Design compelling visualizations and build innovative models to influence and analyze new products, provider payment structures, and health care delivery mechanisms that will lower cost and improve the quality of care provided to our members. Make recommendations to various customers/departments Lead and/or assist in development of processes/analyses to determine financial performance or evaluate cost/benefit, working to ensure consistent representation across the entire business Participate in determining objectives of significant projects or assignments Boiler plate lingo: This document is not an exhaustive list of all responsibilities, skills, duties, requirements, or working conditions associated with the job. Employees may be required to perform other job-related duties.

Requirements

• Bachelor’s degree required. Math, Business, Healthcare or related field strongly preferred
• A minimum of 3 years professional experience, preferably in healthcare or related industry
• Minimum of 4 completed actuarial exams required
• Minimum of 3 years experience in data analysis/extraction/manipulation using tools like SAS, SQL, R, Python, etc. strongly preferred
• Minimum of 3 years experience developing data visualization in tools such as Tableau and analytic automation (scripting, macros) strongly preferred
• Ability to communicate (written & verbal) and collaborate with various business partners, including clinical and technical and non-technical staff required
• Proven ability to constantly innovate
• Commitment to participate in the Actuarial Leadership Development Program and obtain FSA designation

Responsibilities

• Work with a rich dataset and a robust well-established Enterprise Data Warehouse to identify emerging drivers of health care trend and cost, market pressures, and profitability.
• Design compelling visualizations and build innovative models to influence and analyze new products, provider payment structures, and health care delivery mechanisms that will lower cost and improve the quality of care provided to our members.
• Make recommendations to various customers/departments
• Lead and/or assist in development of processes/analyses to determine financial performance or evaluate cost/benefit, working to ensure consistent representation across the entire business
• Participate in determining objectives of significant projects or assignments

Benefits

• Experience as an experienced actuarial analyst through participation in our rotational development program, designed to ensure all program members are exposed to a wide range of actuarial positions
• The ability to enhance technical skills such as Python and Tableau through offerings in collaboration with our Data & Analytics community
• A robust support network through the Actuarial Leadership Development Program – exam support through both study time and study materials, access to career planning tools, leadership development training, and more!
• It is our mission at Blue Cross Blue Shield of Massachusetts to foster a culture that enables associates to do their best work while living happy and healthy lives. That's why we offer you a variety of ways to support your best physical, emotional, financial, and social well-being.
• We offer comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), and a suite of well-being benefits to eligible employees.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level