Sr Actuarial Analyst - Medicare Advantage
BlueCross BlueShield of North Carolina
**Job Description**
Are you an experienced actuarial professional with a passion for Medicare Advantage? Join our dynamic team as a Senior Actuarial Analyst, where you'll leverage your expertise in mathematics, probability, statistics, and business principles to support our rating/pricing, valuation, healthcare economics, and financial forecasting efforts.
+ Collaborate with a team of actuaries to ensure a coordinated approach to the actuarial components of health programs.
+ Provide actuarial support to Network Management, Underwriting, Sales and Marketing, Finance, and Healthcare departments.
+ Conduct actuarial research, experience studies, and statistical analyses using Excel, SQL, and SAS.
+ Calculate premiums, risk scores, and reserves for new and existing insurance plans.
+ Support senior analysts and actuaries as needed.
+ Retrieve and validate data for actuarial models, build model enhancements, and analyze changes to calculated factors.
+ Communicate filing status to internal stakeholders and transmit rate filings to regulatory agencies (NCDOI, CMS).
+ Distribute established reports, respond to inquiries, and investigate trends and anomalies.
+ Provide analytic support for corporate and departmental projects.
**Hiring Requirements**
+ Bachelor's degree or advanced degree (where required).
+ Minimum of 4 years of experience in Medicare Advantage.
+ Completion of at least 5 actuarial exams towards the ASA designation.
**Preferred Skills**
+ Proficiency in Excel, SQL, SAS, and other statistical software.
+ Excellent written and verbal communication skills for effective collaboration and presentation.
+ High attention to detail and accuracy in data analysis and reporting.
+ Experience managing multiple projects and meeting deadlines.
+ Ability to work independently and as part of a team, providing support to senior analysts and actuaries.
Join us and make a significant impact on our Medicare Advantage programs. Apply today to be part of a team that values your expertise and offers opportunities for professional growth!
**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._
$75,900.00 - $136,600.00
**About Us**
It's an exciting time to work at Blue Cross and Blue Shield of North Carolina (Blue Cross NC). Health care is changing, and we're leading the way. We offer more than health insurance our customers can count on. We’re committed to better health and better health care − in our communities and beyond. Our employees bring energy and creativity to the workplace, and it shows in our innovative approach to improving the health and well-being of North Carolinians.
Blue Cross NC is a fully taxed, not-for-profit company headquartered in Durham, North Carolina. We serve more than 4.3 million members, and we employ more than 5,000 people across the country who are passionate about making health care better for all.
Help us lead the charge for better health care by joining our award-winning team. Discover tremendous opportunities with us to do challenging and rewarding work. Opportunities that can lead you to a fulfilling career, work that can help others lead healthier, happier lives.
**Authorization to Work in the United States**
We use E-verify to confirm authorization to work in the United States. To learn more about E-Verify, including your rights and responsibilities, please visit E-Verify Overview (https://www.e-verify.gov/employees/e-verify-overview) for English or Visión General de E-Verify (https://www.e-verify.gov/es/empleados/vision-general-de-e-verify) for Español.
**Request Accommodations**
Blue Cross NC provides reasonable accommodations to applicants with disabilities. If you need a reasonable accommodation for any part of the application or hiring process, please notify HR at HR.Staffing@bcbsnc.com .
**For most roles, you can choose where to work - fully remote in one of the states listed below, in the office, or a hybrid of the two:**
Alabama, Arizona, Arkansas, Colorado, Florida, Georgia, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Michigan, Mississippi, Missouri, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Wisconsin, and Wyoming
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