Actuarial Analyst - Large Group Pricing

Full-time - Entry Level

Insurance Carriers and Related Activities

About the position

The Actuarial Analyst position at Blue Cross and Blue Shield of North Carolina involves applying mathematical, statistical, and business principles to support various actuarial functions such as pricing, valuation, and financial reporting. Under supervision, the analyst will collaborate with a team of actuaries to provide essential support to departments including Network Management, Underwriting, and Finance, while also engaging in research and statistical analysis.

Responsibilities

• Assist in actuarial research, experience studies, and statistical analyses and calculations
• Analyze financial, statistical and mathematical data and perform actuarial calculations
• Provide support to senior analysts or actuaries as required
• Complete procedural tasks accurately, identifying and resolving issues that arise
• Manage own workload and prioritize multiple assignments to meet deadlines
• Retrieve and validate data for rate filings and actuarial models and assist senior staff in building of rate studies, pricing tools, model enhancements, and financial reports
• Perform effective peer reviews, identifying and communicating errors and risks
• Remain in good standing in Actuarial Development Program and meet continuing education standards when required

Requirements

• Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field
• 2 years of experience in related field; in lieu of degree, 3+ years of experience in related field
• At least 3 exams completed towards the eventual attainment of the Associate of the Society of Actuaries designation

Nice-to-haves

• Strong organizational skills, and the ability to manage time-sensitive projects
• Ability to think creatively and strategically, leveraging business and industry knowledge to drive change and mitigate complex risks
• Adaptive and versatile learner, with the ability to communicate effectively and react quickly to changing business dynamics