Premera Blue Cross · 1 day ago
Actuarial Analyst II
Mountlake Terrace, WA
Full-time
Hybrid
Entry, Mid Level
$84K/yr - $143K/yr
2+ years expPremera Blue Cross is dedicated to improving healthcare and empowering its employees. The Actuarial Analyst II will support vendor invoice reconciliations, perform actuarial calculations, and produce analytical reports to assist in achieving company financial and membership goals.
Cyber SecurityHealth CareInformation TechnologyInsurance
Responsibilities
Independently provide data and perform actuarial calculations related to product development, benefits, provider reimbursement, stop loss, health management, disease management, pharmacy programs, premium rates, reserves, and administrative costs
Monitor data from internal departments, review it for content and accuracy, and identify associated problems
Produce various analytical reports that monitor utilization and cost trends, revenue, claims liability, membership, administrative costs, and provider reimbursement and performance as requested by both internal and external customers
Develop and maintain computer programs to support various analyses, processes, and reports. Consider reproducibility and potential improvements
Consult with internal and external customers to assess scope and complexity of projects. Complete projects accurately and efficiently, within preset timelines, and regularly report status to supervisor and outcomes to customer
Prepare written documentation on all projects to provide a peer review trail and ensure continuity and integrity of position responsibilities. This includes organizing the project work plan, notes, output, proof of review, and other documentation
Present findings as needed to multiple levels of internal and client leadership
May assist in the training of entry level analysts
Qualification
Required
Bachelor's Degree in Mathematics, Actuarial Science, Statistics, Computer Science, or related field, or (4) years of work experience
(2) years of actuarial analysis experience
Intermediate knowledge of SQL or other data querying tools
Knowledge of Python or another computer language
Preferred
Knowledge of health insurance concepts and terms
Experience in health insurance and/or an actuarial department
Proficient in Tableau and visual storytelling
Experienced in automation of codes and procedures
Participant in an actuarial student program
Benefits
Medical, vision, and dental coverage with low employee premiums.
Voluntary benefit offerings, including pet insurance for paw parents.
Life and disability insurance.
Retirement programs, including a 401K employer match and, believe it or not, a pension plan that is vested after 3 years of service.
Wellness incentives with a wide range of mental well-being resources for you and your dependents, including counseling services, stress management programs, and mindfulness programs, just to name a few.
Generous paid time off to reenergize.
Looking for continuing education? We have tuition assistance for both undergraduate and graduate degrees.
Employee recognition program to celebrate anniversaries, team accomplishments, and more.
Commuter perks make your trip to work less impactful on the environment and your wallet.
Free convenient on-site parking.
Subsidized on-campus cafes make lunchtime connections with colleagues fun and affordable.
Participate in engaging on-site activities such as health and wellness events, coffee connects, disaster preparedness fairs and more.
Our complementary fitness & well-being center offers both in-person and virtual workouts and nutritional counseling.
Need a brain break? Challenge someone to a game of shuffleboard or ping pong while on campus.
Company
Premera Blue Cross
Premera is a leading health plan in the Pacific Northwest, providing comprehensive health benefits and tailored services.
1001-5000 employees
H1B Sponsorship
Premera Blue Cross has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (21)
2024 (29)
2023 (13)
2022 (25)
2021 (15)
2020 (5)
Funding
Current Stage
Late StageLeadership Team
Jeffrey Roe
President and Chief Executive Officer
Talha Ashraf
EVP and CFO
Recent News
2025-12-04
TechTarget
2025-10-31
Company data provided by crunchbase