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Actuarial Analyst
Arkansas Blue Cross and Blue ShieldActuarial Analyst responsible for analyzing financial and statistical data for Arkansas Blue Cross. Involves pricing, reserving, forecasting, risk adjustment, reinsurance, and product development.
About the role
Key responsibilities & impact- Analyzes financial, statistical and mathematical data to perform actuarial calculations.
- Assists in the determination of pricing, reserves and/or cash flow projections, especially to determine rate accuracy.
- Assists with the Division's Annual Statement exhibits.
- Communicates financial, statistical, and mathematical data results to stakeholders clearly and accurately.
- Demonstrates ability to meet deadlines while providing management adequate time to review the work product.
- Maintains good standing as a participant in the Actuarial Development Program.
- Prepares and distributes established reports for decision-makers throughout the Enterprise, responding to inquiries as needed.
- Prioritizes work projects according to Enterprise needs with moderate input from management.
- Provides analytic support for Enterprise and/or Divisional projects, Enterprise Risk Management, and other requests.
- Retrieves and validates data for rate filings, actuarial models, and other requests as assigned.
- Updates rating model factors, algorithms and studies to reflect current experience and/or changing conditions.
Requirements
What you’ll need- Bachelor's degree in Mathematics, Actuarial Science, Statistics, Economics, Computer Science, Business or other quantitative field.
- Two (2) actuarial exams may be substituted in lieu of degree in additional to the requirements listed below.
- Minimum three (3) successfully completed Society of Actuaries exams.
- Minimum one (1) year actuarial experience, preferably in healthcare.
- Intermediate experience in the use of relational databases, statistical packages, spreadsheet and/or database applications.
Benefits
Comp & perks- Tuition reimbursement.
- Club Blue, a free, onsite gym to encourage exercise.
- Green Leaf Grill and Green Leaf Grill Express, onsite restaurants in Little Rock that promote healthy eating.
- Incentives for wellness education and exercise
ATS Keywords
✓ Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
actuarial calculationspricing analysiscash flow projectionsdata validationrating model updatesstatistical analysismathematical modelingrisk managementdata retrievalalgorithm development
Soft Skills
communicationdeadline managementprioritizationanalytical thinkingstakeholder engagementteam collaborationproblem-solvingattention to detailtime managementadaptability
Certifications
Bachelor's degreeSociety of Actuaries examsActuarial Development Program participation