Consulting Actuary - ACA Risk Adjustment

Job Description

What You’ll Do 

• Design and refine pricing strategies for key business segments.

• Evaluate and enhance advanced care management models to improve patient outcomes.

• Conduct competitive benchmarking to keep us ahead in a dynamic healthcare landscape.

• Develop and price sophisticated insurance products tailored to evolving market needs.

• Accountable for completion of complex actuarial or analytical projects, ensuring timeliness, compliance, and quality of work

• Provide proactive and strategic thought leadership of ways to improve processes, reduce risks, and meet department and enterprise objectives to achieve profitable growth and/or improve value, quality, and access for Blue Cross NC customers

• Achieve segment financial targets and provide concise explanations of results and variances to expectations; act as a financial steward for the company

• Communicate effectively with all levels and divisions within the organization, including Divisional Leadership

• Manage external partnerships with vendors, auditors, regulators, and health care providers, including effective negotiation of contracts and/or rates

• Develop and maintain strong business relationships with internal partners through business expertise and exceptional support; act as a strategic advisor

• Meet continuing education standards required for job function, thought leadership and maintenance of actuarial credentials.

What You Bring 

• Bachelor's degree or advanced degree (where required)

• Member of the American Academy of Actuaries

• Fellow of the Society of Actuaries

• 7 years of relevant actuarial experience, related experience may be considered.

• In lieu of an FSA, will consider candidates who are an Associate of the Society of Actuaries (ASA) and have at least 9 years of relevant actuarial experience.

Bonus Points

• Experience in ACA Risk Adjustment Knowledge highly preferred

What You’ll Get

• The opportunity to work at the cutting edge of health care delivery with a team that’s deeply invested in the community.

• Work-life balance, flexibility, and the autonomy to do great work.

• Medical, dental, and vision coverage along with numerous health and wellness programs.

• Parental leave and support plus adoption and surrogacy assistance.

• Career development programs and tuition reimbursement for continued education.

• 401k match including an annual company contribution 

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.
 

Skills