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CareFirst BlueCross BlueShield · 1 day ago

Actuarial Analyst I (Remote)

United States

Full-time

Remote

New Grad, Entry Level

$59K/yr - $118K/yr

0+ years exp

CareFirst BlueCross BlueShield is seeking an Actuarial Analyst I to perform individual project tasks and execute calculations of moderate complexity. The role involves analyzing actuarial data, preparing reports, and making recommendations based on actuarial assumptions while progressing toward ASA/FSA designation with the Society of Actuaries.

Health CareNon ProfitService Industry

No H1B

Responsibilities

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

Qualification

Actuarial ScienceCalculusStatisticsProbabilityData AnalysisCustomer ServiceCommunication SkillsProblem Solving

Required

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

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

Must be able to meet established deadlines and handle multiple customer service demands from internal and external customers, within set expectations for service excellence

Must be able to effectively communicate and provide positive customer service to every internal and external customer, including customers who may be demanding or otherwise challenging

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