Job Information
BlueCross BlueShield of North Carolina Actuarial Associate in Remote, North Carolina
Job Description
The Actuarial Associate will under direct guidance and supervision, apply 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 assist with the actuarial components of health programs. Provides actuarial support to Network Management, Underwriting, Sales and Marketing, Finance, and/or Healthcare.
Analyzes financial, statistical and mathematical data and performs actuarial calculations.
May assist in the determination of pricing, reserves and/or cash flow projections.
Assists in performing rate studies used in determining rate adequacy.
Assists in actuarial research, experience studies, and statistical analyses and calculations.
Provides support to senior analysts or actuaries as required.
Retrieves and validates data for rate filings and actuarial models. Assists senior staff in the building of model enhancements and determines reasons for changes to calculated factors.
Distributes established reports and responds to inquiries.
Investigates trends and anomalies.
Supports Enterprise Risk Management.
Provides analytic support for corporate and departmental projects.
Is a participant in good standing in the Actuarial Development Program
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 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
We are considering candidates at multiple pre-credentialed levels
Salary Range
$56,800.00 - $90,900.00
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.
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
Much more than a paycheck
The total value of working at Blue Cross NC goes far beyond your paycheck. We offer benefits and perks (https://careers.bluecrossnc.com/global/en/benefits) that help you thrive, such as competitive health benefits, bonus plans based on performance, 401(k) with employer match, paid time off (plus two well-being days), and a variety of career development and wellness programs.