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Actuarial Analyst


Blue Cross NC logo
Blue Cross NC Insurance XLarge https://www.bluecrossnc.com/
5001 - 10000 Employees
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Job description

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.
 

$77,200.00 - $123,400.00

Required profile

Experience

Level of experience: Mid-level (2-5 years)
Industry :
Insurance
Spoken language(s):
English
Check out the description to know which languages are mandatory.

Other Skills

  • Mathematics
  • Organizational Skills
  • Strategic Thinking
  • Creative Thinking
  • Time Management
  • Communication

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