[Remote] Actuarial Analyst

Note: The job is a remote job and is open to candidates in USA. Blue Cross NC is seeking an Actuarial Analyst to support various actuarial functions including rating, pricing, and financial forecasting. The role involves performing actuarial research, data validation, and providing analytic support to key departments, ensuring informed decision-making and organizational success.ResponsibilitiesPerforms actuarial research, experience studies, and statistical analyses and calculationsCalculates premiums and reserves of new and existing plans of insuranceProvides support to senior analysts or actuaries as requiredRetrieves and validates data for rate filings and actuarial models. Builds model enhancements and determines reasons for changes to calculated factors. Analyzes impacts of changes to product lines and segmentsCommunicates filing status to internal stakeholders and transmits rate filings to regulatory agencies (NCDOI, CMS)Retrieves and validates data for monthly reports and for UCL and ALR calculationSupports valuation by executing ALR model and verifying results. Researches to support ALR assumption studies and UCL estimatesDistributes established reports and responds to inquiries. Investigates trends and anomaliesExecutes control activities to support Enterprise Risk ManagementProvides analytic support for corporate and departmental projectsIs a participant in good standing in the Actuarial Development ProgramSkillsBachelor's degree or advanced degree (where required)2+ years of relevant actuarial experience. Related experience may be consideredMust have completed at least 3 exams towards the eventual attainment of the ASA designationIn lieu of meeting minimum exam requirements, may consider additional relevant experienceIn lieu of meeting minimum experience requirements, may consider ASA or more exams towards the eventual attainment of the ASAExperience in Medicare Part D pricing preferredSome experience and technical skills with drug trend modeling and loss‑of‑exclusivity (patent loss) forecastingAnalytics skills, especially around Prescription drugs modelingBenefitsAnnual Incentive Bonus*401(k) with employer matchPaid Time Off (PTO)Competitive health benefits and wellness programsMedical, dental, and vision coverage along with numerous health and wellness programs.Parental leave and support plus adoption and surrogacy assistanceCareer development programs and tuition reimbursement for continued education401k match including an annual company contributionCompany OverviewIt's an exciting time to work at Blue Cross and Blue Shield of North Carolina (Blue Cross NC). Health care is changing, and we're leading the way. It was founded in 1933, and is headquartered in Durham, North Carolina, USA, with a workforce of 5001-10000 employees. Its website is https://www.bluecrossnc.com/.