Actuarial Analyst II

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

📋 Description

• Assist the actuarial workstream for NSA, encompassing forecasts, reserve estimates, liability monitoring, profitability analyses, and evaluations of financial impacts.

• Collaborate with teams from Actuarial, Finance, Operations, Legal, HNS, and vendor partners to collect, validate, and interpret data essential for NSA financial analysis and reporting.

• Create and uphold documentation regarding NSA data sources, underlying assumptions, methodologies, process flows, and reporting definitions.

• Develop recurring reporting packages that summarize trends in NSA inventory, liability changes, payment activities, financial impacts, and operational updates.

• Enhance data quality, optimize data collection processes, minimize manual efforts, and bolster ongoing monitoring of NSA activities.

• Incorporate NSA inventory, liability, and payment data into actuarial reserving, forecasting, and financial reporting procedures.

• Prepare analyses, summaries, and presentation materials to convey NSA financial outcomes, emerging trends, significant risks, and recommendations.

• Engage in NSA working sessions and stakeholder meetings to gain insights into operational changes, assess financial implications, and offer an actuarial perspective.

• Track regulatory, operational, and claims-related developments impacting NSA financial results and report findings to actuarial leadership.

• Assist with ad hoc analyses and special projects across reserving, pricing, forecasting, and various actuarial functions.

• Support team members by establishing priorities, reviewing analytical outputs, providing guidance, and ensuring the timely completion of NSA actuarial deliverables.

⛳️ Requirements

• A bachelor's degree is mandatory, preferably in Mathematics, Statistics, Actuarial Sciences, or a related discipline from an accredited institution.

• Requires a minimum of 2 years of experience in actuarial and/or statistics, or completion of the Associate level in the Society of Actuaries (ASA).

• ASA candidate status is advantageous.

• Proficient knowledge of Excel is essential.

• Advanced skills in SAS are required.

• Experience with trends, actuarial forecasting, and reserves is necessary.

• Familiarity with NSA regulations is preferred.

• Exceptional oral and written communication skills are required.

• Strong analytical thinking capabilities are essential.

• Robust mathematical skills and proficiency in statistical analysis are required.

• Good judgment and effective problem-solving skills are essential.

• Proven ability and willingness to take ownership of intricate data processes, independently investigate issues, and drive them to resolution.

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

🏝️ Benefits

• Comprehensive health benefits (Medical/Dental/Vision)

• Retirement Plans

• Generous PTO

• Incentive Plans

• Wellness Programs

• Paid Volunteer Time Off

• Tuition Reimbursement