Actuarial Analyst II

Horizon Healthcare Services•Newark, NJ

About The Position

This is a mid-level analyst position within Horizon Blue Cross Blue Shield of New Jersey’s Actuarial department. The role supports actuarial analysis, forecasting, financial and utilization reporting, and pricing work. The position requires a bachelor’s degree and at least two years of actuarial and/or statistics experience, or attainment of Associate level in the Society of Actuaries (ASA).

Requirements

  • Bachelor’s degree from an accredited college or university; Mathematics, Statistics, Actuarial Sciences, or a related field is preferred.
  • At least 2 years of actuarial and/or statistics experience, or attainment of Associate level in the Society of Actuaries (ASA).
  • Working knowledge of Excel.
  • Good oral and written communication skills.
  • Strong analytical thinking.
  • Strong mathematical skill and statistical analysis abilities.
  • Good judgment and problem-solving skills.

Nice To Haves

  • ASA candidate.
  • Working knowledge of Access or another database application.
  • Experience with SAS or another programming language.
  • Knowledge of data analysis and actuarial principles.

Responsibilities

  • Perform or support trend analysis.
  • Perform or support forecasting.
  • Collect and analyze data for financial and utilization reporting and monitoring, including IBNR.
  • Develop pricing models and support pricing requests, which may include rate filings, benefit adjustment factors, fee schedule analysis, and new product pricing.

Benefits

  • Comprehensive health benefits, including medical, dental, and vision coverage.
  • Retirement plans.
  • Generous paid time off.
  • Incentive plans.
  • Wellness programs.
  • Paid volunteer time off.
  • Tuition reimbursement.
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