Actuarial Associate - Medicare

Blue Cross and Blue Shield of North Carolina

1d • Remote

About The Position

We are seeking a motivated Associate Actuary to join our team. In this role, you will apply your mathematical and statistical knowledge to support activities such as rating, valuation, healthcare economics, and financial forecasting. Guided by experienced actuaries, you will contribute to health programs and offer actuarial support across departments, including Network Management, Underwriting, Sales and Marketing, Finance, and Healthcare. This is an excellent opportunity for individuals starting their actuarial career and looking to gain broad experience in the field.

Requirements

• Bachelor's degree or advanced degree (where required)
• 0-2 years of experience in related field
• Completed 1-2 actuarial exams towards the eventual attainment of the ASA designation.

Nice To Haves

• Previous Medicare experience a plus
• Previous Actuarial Internship experience a plus
• SQL, SAS, Python experience

Responsibilities

• Analyzes financial, statistical and mathematical data and performs actuarial calculations.
• May assist in the determination of pricing, reserves and/or cash flow projections.
• Assists in performing rate studies used in determining rate adequacy.
• Assists in actuarial research, experience studies, and statistical analyses and calculations.
• Provides support to senior analysts or actuaries as required.
• Retrieves and validates data for rate filings and actuarial models.
• Assists senior staff in the building of model enhancements and determines reasons for changes to calculated factors.
• Distributes established reports and responds to inquiries.
• Investigates trends and anomalies.
• Supports 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
• Based on annual corporate goal achievement and individual performance.

What This Job Offers

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