Remote

Actuarial Associate

Blue Cross and Blue Shield of North Carolina
paid time off, 401(k)
United States, North Carolina
Feb 26, 2025
Job Description The Actuarial Associate will under direct guidance and supervision, apply knowledge of mathematics, probability, statistics, and principles of business in order to provide assistance and technical support for rating/pricing, valuation, healthcare economics, and/or financial forecasting. Works with a team of actuaries to assist with the actuarial components of health programs. Provides actuarial support to Network Management, Underwriting, Sales and Marketing, Finance, and/or Healthcare. Analyzes financial, statistical and mathematical data and performs actuarial calculations. May assist in the determination of pricing, reserves and/or cash flow projections. Assists in performing rate studies used in determining rate adequacy. Assists in actuarial research, experience studies, and statistical analyses and calculations. Provides support to senior analysts or actuaries as required. Retrieves and validates data for rate filings and actuarial models. Assists senior staff in the building of model enhancements and determines reasons for changes to calculated factors. Distributes established reports and responds to inquiries. Investigates trends and anomalies. Supports Enterprise Risk Management. Provides analytic support for corporate and departmental projects. Is a participant in good standing in the Actuarial Development Program Hiring Requirements Bachelor's degree or advanced degree (where required) 0-2 years of experience in related field Enrolled in the actuarial student program and is committed to completing the Society of Actuaries education system courses necessary to attain the ASA designation. Preferred Skills and Experience Strong organizational skills, and the ability to manage time-sensitive projects Ability to think creatively and strategically, leveraging business and industry knowledge to drive change and mitigate complex risks Adaptive and versatile learner, with the ability to communicate effectively and react quickly to changing business dynamic. 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. $63,100.00 - $100,800.00