Actuarial Analyst, Pricing and Rate Filings

Awarded a Healthiest Employer, Blue Cross Blue Shield of Arizona aims to fulfill its mission to inspire health and make it easy. BCBSAZ offers a variety of health insurance products and services to meet the diverse needs of individuals, families, and small and large businesses as well as providing information and tools to help individuals make better health decisions.

This is a remote opportunity within and outside of the state of AZ.

Starting pay ranging from $60,000-$115,000.

Blue Cross Blue Shield of Arizona (BCBSAZ) is now hiring a full-time Actuarial Analyst to work on-site/remote within the state of Arizona. This position will perform advanced analytics to facilitate fact-based decisions about the pricing of products and benefit options, ensuring that profit targets are met.

Our ideal candidate has advanced skills in mathematics and statistics and is proficient with data warehouse query tools and programming.

What to Expect

As you work to help us improve the quality of life for Arizonans, expect to thrive in an energetic, diverse environment, championed by an organization consistently named a Best Places to Work and Most Admired Company in Arizona.

This is a remote opportunity within and outside of the state of AZ.

Starting pay $75,000 + depending on experience.

Inspiring Health in Arizona Starts with You

Our benefits support work-life balance and the flexibility you need to be your best.

They include:

• Eleven (11) paid holidays, including 2 floating holidays you can use any time you wish
• Accrued paid time off (up to 16 days per calendar year)
• Comprehensive medical, dental, and vision coverage
• 401K up to 5% dollar-per-dollar match
• Up to 12% annual bonus based on corporate goals and individual performance
• Wellness programs and gym reimbursements
• Eight (8) paid volunteer hours to serve your community
• Tuition reimbursement for you; scholarship opportunities for your children
• Employee discounts, gym reimbursement, and wellness programs

To thrive in this job, you must be able to:

• Apply analytics knowledge to generate reports, actuarial analyses, and mathematical models.
• Deal with ambiguity and make recommendations with incomplete/conflicting information in a timely manner.
• Independently solve problems and draw accurate conclusions from limited data.
• Effectively use written and oral communication skills to influence stakeholders across all levels and departments of the organization.
• Translate technical information into everyday language that a non-technical audience could understand.
• Build working relationships that promote trust and collaboration, while maintaining confidentiality and privacy.

We are looking for someone who can:

• Determine adequate and competitive premium levels for Individual, Commercial    and Government products.
• Prepare and submit rate filings to Federal and State authorities.
• Analyze benefit changes, prepare competitive analysis, and summarize results.
• Complete financial forecasting to evaluate and ensure profitable business segments.
• Prepare impact analysis for benefit changes, develop pricing factors to ensure adequate premium coverage for each product line.
• Develop sensitivity testing analysis and summarize results to management.
• Display knowledge of Individual, Commercial and Government products, pricing, and forecasting.
• Analyze benefit changes to provide a competitive analysis for Individual, Commercial and Government products.
   

Qualifications

• Bachelor’s degree in actuarial science, business, mathematics, statistics, economics, or related field of study
• Two (2) years of experience in the actuarial world or relevant work
• Five (5) years of experience working for a healthcare organization/health insurer (preferred)
• Successful completion of at least 3 actuarial exams (preferred)

Why Join Blue Cross Blue Shield of Arizona?

At BCBSAZ, your pursuit of balance, happiness, and fulfillment is supported through our Workability model, a future-focused workforce strategy that encourages you to perform your job wherever you work best. Whether fully remote, always in the office, or somewhere in between, you decide which arrangement best supports your work style and season of life.

Our Commitment

BCBSAZ does not discriminate in hiring or employment on the basis of race, ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status or any other protected group.

Thank you for your interest in Blue Cross Blue Shield of Arizona.  For more information on our company, see azblue.com.  If interested in this position, please apply.