Actuarial Analyst

Blue Cross and Blue Shield of North Carolina

2d•$81,068 - $129,708•Hybrid

About The Position

Blue Cross NC is seeking an Actuarial Analyst to support rating and pricing, valuation, healthcare economics, and financial forecasting. Under general guidance, this role applies knowledge of mathematics, probability, statistics, and business principles to provide technical actuarial support. The Actuarial Analyst works closely with a team of actuaries to ensure a coordinated approach to health program analysis and provides support to Network Management, Underwriting, Sales and Marketing, Finance, and Healthcare teams.

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

Actuarial Analysis
Actuarial Science
Analytical Support
Data Analysis
Data Verification
Experience Studies
Report Processing
Reports Analysis
Research Analysis
Researching

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