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Senior Actuarial Analyst

Blue Cross NC · US

Job Description Blue Cross NC is looking for a Senior Actuarial Analyst who will apply expertise in mathematics, probability, statistics, and business princi...

Job description

Job Description Blue Cross NC is looking for a Senior Actuarial Analyst who will apply expertise in mathematics, probability, statistics, and business principles to offer assistance and technical support for complex rating/pricing, valuation, healthcare economics, and financial forecasting tasks. This position works with minimal supervision as part of a team of actuaries to ensure a coordinated approach to the actuarial aspects of health programs. The analyst provides actuarial support to departments such as Network Management, Underwriting, Sales and Marketing, Finance, and Healthcare. What You’ll Do: Performs qualitative and quantitative analysis of data to support development of rating plans and pricing for programs and products. Evaluates moderately complex trend analysis. Supports the rating process by determining the need for and building actuarial model enhancements. Determines reasons for changes in calculated factors and communicates changes to internal stakeholders. Reviews and observe appropriateness of actuarial formulae. Transmits rate filings to regulatory agencies (NCDOI, CMS) Supports valuation by modifying and executing the ALR model. Performs ALR assumption studie...