Actuarial Analyst I

This is a fully remote position, open to applicants in Connecticut, +3 more states.

📋 Description

• Conduct and assist in evaluations of the Medical Cost Action Plan across various business sectors.

• Support forecasting and predictive modeling efforts.

• Gather, analyze, and interpret data for financial, utilization, and actuarial reporting, including monitoring and evaluating IBNR.

• Collaborate with business partners and stakeholders to identify reporting requirements and deliver actionable analytical insights.

• Create innovative methods for analyzing and visualizing data to facilitate informed decision-making within the business.

• Contribute to ad hoc actuarial and analytical projects as assigned.

⛳️ Requirements

• A bachelor's degree is required, ideally in Actuarial Science, Mathematics, Statistics, Data Science, Economics, or a related quantitative discipline from an accredited institution.

• Between zero to two years of experience in actuarial work, statistics, healthcare analytics, or a related field is necessary.

• Successful completion of at least one actuarial exam from the Society of Actuaries (SOA) is essential.

• Progress toward an Associate of the Society of Actuaries (ASA) credential is preferred.

• Proficient working knowledge of Microsoft Excel is required.

• Experience with data analysis tools such as SAS, SQL, R, Python, or similar programming languages is necessary.

• A fundamental understanding of actuarial concepts, statistical analysis, and healthcare data is preferred.

• Familiarity with medical claims, healthcare utilization, and medical terminology is an advantage.

• Strong analytical and critical thinking abilities with a keen attention to detail.

• Excellent mathematical and statistical problem-solving skills.

• Effective verbal and written communication capabilities, with the ability to convey information clearly to varied audiences.

• Ability to quickly learn, manage multiple priorities, and work both independently and as part of a team.

• Proven sound judgment and problem-solving skills.

• Horizon BCBSNJ employees must reside in New Jersey, New York, Pennsylvania, Connecticut, or Delaware.

🏝️ Benefits

• Comprehensive health benefits including Medical, Dental, and Vision.

• Retirement plans available.

• Generous paid time off (PTO).

• Incentive plans offered.

• Wellness programs provided.

• Paid volunteer time off.

• Tuition reimbursement available.