Actuarial Analyst

Summary

Blue Cross NC is a health insurance organization supporting healthcare delivery and financial performance. The Actuarial Analyst will support financial forecasting, reserve valuation, healthcare analytics, actuarial research, rate filings, reporting, and strategic decision-making across business areas.

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

Skills

• * 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
• At this time, Blue Cross NC will not sponsor employment authorization for this position
• In a Remote Flex role, you'll work virtually, with a few in-office visits each year for meaningful moments that matter
• We welcome candidates from outside the local area and in any states listed on this job posting
• * 2+ years of relevant actuarial experience. Will also consider those that are about to graduate or have recently graduated

Qualifications

Must Haves

• * 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
• At this time, Blue Cross NC will not sponsor employment authorization for this position
• In a Remote Flex role, you'll work virtually, with a few in-office visits each year for meaningful moments that matter
• We welcome candidates from outside the local area and in any states listed on this job posting

Nice to Haves

• * 2+ years of relevant actuarial experience. Will also consider those that are about to graduate or have recently graduated

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
• Annual Incentive Bonus based on annual corporate goal achievement and individual performance.
• Paid Time Off (PTO)
• Remote Flex: work virtually, with a few in-office visits each year for meaningful moments that matter.
• Hybrid Flex: work in the office at least two days a week for collaboration and connection.