Job Description
Are you passionate about mathematics, probability, and statistics? Join our dynamic team as an Actuarial Associate! In this role, you'll leverage your analytical skills to support rating and pricing, healthcare economics, and financial forecasting. You'll collaborate closely with a team of experienced actuaries and provide expertise to various departments, including Network Management, Underwriting, Sales and Marketing, Finance, and Healthcare.Assist in qualitative and quantitative analysis of data to support development of rating plans and pricing for programs and products.
Support moderately complex product pricing analysis.
Assist in benefit rate filings to regulatory agencies (NCDOI, CMS)
Support ACA AV calculations and Annual Actuarial Memorandum
Support in developing pricing models and analyze benefit design impacts.
Communication skills to update reports, memos, and effectively present findings to the team.
Ability to collaborate with cross-functional teams, underwriters, and actuaries.
Supports resolution of control exceptions and maintains control documentation.
Hiring Requirements
Bachelor's degree or advanced degree (where required)
0-2 years of experience in related field
Enrolled in the actuarial student program and is committed to completing the Society of Actuaries education system courses necessary to attain the ASA designation.
Preferred Skills
Experience working on interning with healthcare insurance actuarial pricing teams, especially in product pricing.
Proficiency in SQL, Excel, and Excel Macros
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.