Actuarial Associate - Medicare Pricing

BlueCross BlueShield of North Carolina • North Carolina, North Carolina • 6d ago

Job Description

As an Associate Actuary focused on Medicare Pricing, you will work under direct supervision to apply your background in mathematics, probability, and statistics to support the financial and actuarial needs of our organization. You will collaborate with a team of actuaries to assist in rating/pricing, valuation, healthcare economics, and financial forecasting for Blue Cross NC Medicare products. In this role, you will provide essential actuarial support to departments such as Network Management, Underwriting, Sales and Marketing, Finance, and Healthcare. Your work will contribute to pricing, forecasting, and strategic initiatives for our Medicare offerings.

What You'll Do

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.

What You Bring

Bachelor's degree or advanced degree (where required)

0-2 years of experience in related field

Completed 1-2 actuarial exams towards the eventual attainment of the ASA designation.

? Bonus Points

Previous Medicare experience a plus

Previous Actuarial Internship experience a plus

SQL/SAS experience a plus

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?

Learn more (https://careers.bluecrossnc.com/global/en/benefits)

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.

$66,998.00 - $107,197.00

Skills

Actuarial Science, Medicare

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.

Request Accommodations

Blue Cross NC provides reasonable accommodations to applicants with disabilities. If you need a reasonable accommodation for any part of the application or hiring process, please notify HR at HR.Staffing@bcbsnc.com .

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

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