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Actuarial Associate

72% Flex
Remote: 
Full Remote
Contract: 
Full time
Salary: 
57 - 91K yearly
Experience: 
Junior (1-2 years)
Work from: 
United States

Offer summary

Qualifications:

Bachelor's degree or higher, Completed at least 1 ASA exam.

Key responsabilities:

  • Assist with rating, valuation, and forecasting
  • Conduct actuarial research and statistical analyses
  • Calculate premiums, risk scores, and reserves
  • Communicate filing status and respond to inquiries
  • Provide analytic support for projects
Blue Cross NC logo
Blue Cross NC Insurance XLarge https://www.bluecrossnc.com/
5001 - 10000 Employees
About Blue Cross NC
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 employ more than 5,000 people who are passionate about health care, and we serve more than 4.3 million members. 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. Blue Cross NC is an independent licensee of the Blue Cross and Blue Shield Association.
See more Blue Cross NC offers

Job description

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Your missions

Job Description

The Actuarial Associate will under general guidance and supervision, applies knowledge of mathematics, probability, statistics, and principles of business in order to provide assistance and technical support for rating/pricing, valuation, healthcare economics and/or financial forecasting. Works with a team of actuaries to assure a coordinated approach to the actuarial components of health programs. Provides actuarial support to Network Management, Underwriting, Sales and Marketing, Finance, and/or Healthcare.

  • Performs actuarial research, experience studies, and statistical analyses and calculations using Excel, SQL, and SAS.
  • Calculates premiums, risk scores, and reserves of new and existing plans of insurance.
  • Provides support to senior analysts or actuaries as required.
  • Retrieves and validates data for 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).
  • Distributes established reports and responds to inquiries.  Investigates trends and anomalies.
  • Provides analytic support for corporate and departmental projects.

Hiring Requirements

  • Bachelor's degree or advanced degree (where required)
  • 0-2 years of experience in related field
  • Must have completed at least 1 exam towards the eventual attainment of the ASA 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.

This specific position would focus on providing pricing, forecasting, and strategic support for all Blue Cross NC Medicare products. We are considering candidates at multiple pre-credentialed levels.

Salary Range

$56,800.00 - $90,900.00

Required profile

Experience

Level of experience: Junior (1-2 years)
Industry :
Insurance
Spoken language(s):
English
Check out the description to know which languages are mandatory.

Hard Skills

StatisticsHigh School MathematicsProbabilityExcelSQLSAS

Soft Skills

  • Organizational Skills
  • Creativity
  • Strategic Thinking
  • Effective Communication
  • Adaptability
  • Versatility
Are you interested?

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