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Actuarial Analyst I (Remote)

Resp & Qualifications
PURPOSE:
The Actuarial Analyst I will perform individual project tasks as requested, execute calculations of moderate complexity, and understand concepts of actuarial analysis that are of varying complexity. The incumbent is responsible for utilizing various sources to procure data and then turning that data into meaningful information, as well as fulfilling ad hoc requests.

ESSENTIAL FUNCTIONS:
  • Reviews and organizes actuarial and operational data for use in a variety of actuarial analyses that may include rate filings, financial forecasts, IBNR analysis, trend analysis, provider contract analysis, etc. May utilize statistical tools to monitor and provide ongoing analysis. Prepares moderately complex reports and/or actuarial models . Documents data sources, assumptions, and methods. Updates SOPs as needed.

  • Prepares accurate and timely reports as assigned. These reports may be related to internal analysis or may be external in nature (statutory and regulatory).

  • Participates and works collaboratively in a variety of special studies and ad hoc analyses in support of departmental business and/or clinical objectives.

  • Makes recommendations based on actuarial assumptions and methodologies. Presents analyses and recommendations in a polished and professional manner to internal and/or external customers. Researches and resolves data integrity issues. Partners with other team members to solve problems.

  • Makes progress toward ASA/FSA designation with the Society of Actuaries by passing SOA exams, completing modules, and/or obtaining validation by educational experience (VEE) credits.

QUALIFICATIONS:

Education Level: Bachelor's Degree in Mathematics, Finance, Actuarial Science or related field OR in lieu of a Bachelor's degree, an additional 4 years of relevant work experience is required in addition to the required work experience.

Preferred Qualifications: 0-2 actuarial exams passed , 0-2 years of health actuarial experience.

Knowledge, Skills and Abilities (KSAs)
  • Knowledge of calculus, statistics, probability to determine likelihood of certain events.
  • Ability to use models and tables to evaluate large data sets.
  • Strong understanding of business and financial concepts.
  • Excellent communication skills both written and verbal.
  • Fast learner and proactive problem solver. Creativity is desirable.
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Department
Department: Actuarial Group Pricing
Equal Employment Opportunity
CareFirst BlueCross BlueShield is an Equal Opportunity (EEO) employer. It is the policy of the Company to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.
Hire Range Disclaimer
Actual salary will be based on relevant job experience and work history.
Where To Apply
Please visit our website to apply: www.carefirst.com/careers
Federal Disc/Physical Demand
Note: The incumbent is required to immediately disclose any debarment, exclusion, or other event that makes him/her ineligible to perform work directly or indirectly on Federal health care programs.
PHYSICAL DEMANDS:
The associate is primarily seated while performing the duties of the position. Occasional walking or standing is required. The hands are regularly used to write, type, key and handle or feel small controls and objects. The associate must frequently talk and hear. Weights up to 25 pounds are occasionally lifted.

Sponsorship in US
Must be eligible to work in the U.S. without Sponsorship.