Job Description
An Actuarial Analyst, under supervision, applies mathematics, probability, statistics, and business principles to support rating/pricing, valuation, healthcare economics, and financial forecasting. They assist actuaries and provide actuarial support to various departments, including Network Management, Underwriting, Sales and Marketing, Finance, and Healthcare.Primary 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
Required Skills and Experience
Bachelor’s Degree in Actuarial Science, Mathematics, Statistics, Economics or related field
2+ years of relevant actuarial experience. Related experience may be considered.
At least 3 exams completed towards the eventual attainment of the Associate of the Society of Actuaries designation.
Preferred Skills and Experience
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.
Salary Range
At Blue Cross NC, we take great pride in a fair and equitable compensation package that reflects market-price and our starting salaries are typically planned near the middle of the range listed. Compensation decisions are driven by factors including experience and training, specialized skill sets, licensure and certifications and other business and organizational needs. Our base salary is part of a robust Total Rewards package that includes an Annual Incentive Bonus*, 401(k) with employer match, Paid Time Off (PTO), and competitive health benefits and wellness programs.
*Based on annual corporate goal achievement and individual performance.