Actuarial Analyst I, Pricing and Rate Filings - Remote AZ

Blue Cross Blue Shield of Arizona • Full-time • Remote (Phoenix, Arizona, United States) • $0 / year • 9h ago

Awarded a Healthiest Employer, Blue Cross Blue Shield of Arizona aims to fulfill its mission to inspire health and make it easy. AZ Blue 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. Our positions are classified as hybrid, onsite or remote. Hybrid Individual Contributors: must reside in AZ, unless otherwise cited within this posting, required to be onsite at least once per week Hybrid 2 (Operational Roles such as but not limited to: Customer Service, Claims Processors, and Correspondence positions): must reside in AZ, unless otherwise cited within this posting, required to be onsite at least once per month Remote: not held to onsite requirements, however, leadership can request presence onsite for business reasons including but not limited to staff meetings, one-on-ones, training, and team building Please note that onsite requirements may change in the future, based on business need, and job responsibilities. Most employees should expect onsite requirements and at a minimum of once per week. This remote work opportunity requires residency, and work to be performed, within the State of Arizona. Performs actuarial and advanced analytical work to support product pricing, benefit development, rate filings, forecasting, and other business decisions. Translates data into actionable insights that support financial performance, regulatory compliance, and affordable coverage for members. Required Work Experience Bachelor's Degree in actuarial science, business, mathematics, statistics, economics or related field of study Preferred Work Experience 5 years of experience in an actuarial field (Applies to All Levels) Bachelor's Degree in business, mathematics, statistics, or related field of study (Applies to All Levels) Associate, Society of Actuaries (ASA) (Applies to All Levels) Member of the American Academy of Actuaries (MAAA) (Applies to All Levels) ACTUARIAL ANALYST I / Associate Actuary I Under general supervision, determine adequate and competitive premium levels for Individual, Commercial and Government products Under general supervision, prepare and submit rate filings to Federal and State authorities Under general supervision, analyze benefit changes, prepare competitive analysis and summarize results Under general supervision, complete financial forecast scenario modeling to evaluate and ensure profitable business segments Under general supervision, 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 The position requires a full-time work schedule. Full-time is defined as working at least 40 hours per week, plus any additional hours as requested or as needed to meet business requirements. Analytical knowledge necessary to generate reports, actuarial analyses, and mathematical models based on available data and then make sound decisions based on reported data Ability to solve problems independently and draw accurate conclusions from limited data using basic mathematical modeling and actuarial techniques. Ability to communicate effectively, both orally and in writing, to all levels in all departments. AZ Blue 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.