Senior Associate Actuary (Hybrid)

Blue Cross Blue Shield • Phoenix, AZ

237d • Onsite

About The Position

Awarded a Healthiest Employer, Blue Cross Blue Shield of Arizona aims to fulfill its mission to inspire health and make it easy. AZ Blue offers a variety of health insurance products and services to meet the diverse needs of individuals, families, and small and large businesses as well as providing information and tools to help individuals make better health decisions. At AZ Blue, we have a hybrid workforce strategy, called Workability, that offers flexibility with how and where employees work. Our positions are classified as hybrid, onsite or remote. While the majority of our employees are hybrid, the following classifications drive our current minimum onsite requirements: Hybrid People Leaders: must reside in AZ, required to be onsite at least twice per week Hybrid Individual Contributors: must reside in AZ, unless otherwise cited within this posting, required to be onsite at least once per week Hybrid 2 (Operational Roles such as but not limited to: Customer Service, Claims Processors, and Correspondence positions): must reside in AZ, unless otherwise cited within this posting, required to be onsite at least once per month Onsite: daily onsite requirement based on the essential functions of the job Remote: not held to onsite requirements, however, leadership can request presence onsite for business reasons including but not limited to staff meetings, one-on-ones, training, and team building Please note that onsite requirements may change in the future, based on business need, and job responsibilities. Most employees should expect onsite requirements and at a minimum of once per week. This position is hybrid within the state of AZ only. This hybrid work opportunity requires residency, and work to be performed, within the State of Arizona.

Requirements

• Bachelor's Degree in business, mathematics, statistics, or related field of study.
• For grade level 27, no experience is required.
• For grade levels 28 and higher, 2 years of experience in an actuarial field, or relevant work experience.

Nice To Haves

• 5 years of experience working for a healthcare organization / health insurer.
• 5 years of experience in an actuarial field.
• Associate, Society of Actuaries (ASA).
• Member of the American Academy of Actuaries (MAAA).

Responsibilities

• Perform advanced analytics to facilitate fact-based decision-making regarding strategic planning, market positioning, and corporate and segment financial performance.
• Track, organize, and clarify deliverables demonstrating accountability and flexibility to business needs and situations.
• Prepare reporting and insights (in email, Excel, Word, or PowerPoint) to support actionable recommendations.
• Practice effective business and actuarial communication in written, oral, and presentation formats.
• Generate, enhance, and maintain analysis and models in Excel and SAS.
• Summarize complex models and formulas for actuarial and non-actuarial audiences internal to BCBS Arizona.
• Access, manipulate, prepare, and summarize data from internal data warehouses using SAS and/or SQL.
• Develop, enhance, and maintain documentation for all work products whether technical or business oriented.
• Collaborate with direct manager on tying specific deliverables to overall business initiatives.
• Identify and connect with key stakeholders in other departments and earn their trust with clear communication and actionable analysis.
• Pursue internal and external opportunities to deepen specific subject matter expertise; propose new methods and articulate the benefits to the business.
• Enhance models to account for internally and externally driven risks and document assumptions and sensitivities appropriately.
• Validate information to industry and other external sources; review prior decision effectiveness; communicate variances and causes.
• Increase peer collaboration and begin informal mentorship of team members.
• Plan and lead complex projects from inception to completion.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree