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Actuarial Analyst, Associate

Job in Oakland, Alameda County, California, 94616, USA
Listing for: Blue Shield Of California
Full Time position
Listed on 2026-06-26
Job specializations:
  • Finance & Banking
    Financial Analyst, Risk Manager/Analyst, Actuary
Salary/Wage Range or Industry Benchmark: 60000 - 80000 USD Yearly USD 60000.00 80000.00 YEAR
Job Description & How to Apply Below

Your Role

The Small Business Pricing team is responsible for pricing and forecasting our Small Business health insurance products. The Associate Actuarial Analyst will report to the Small Business Pricing Manager. In this role you will apply your analytical toolset to project future costs and premiums for the Small Business population, as well as additional analysis and reporting on emerging results.

Responsibilities
  • Learn various actuarial techniques and procedures by conducting analysis, assessing risk and population risk scores and assignment, developing pricing and trends, assessing changes in benefit designs, developing reserves, performing forecasting, analyzing provider reimbursement terms and/or evaluating actuarial risk related analysis.
  • Compile and categorize data, documenting and verifying factors used in computations such as those used in evaluating loss and expense reserves, preparing rate filings, schedules of statistics, premiums, benefits, member risk data and score submissions and establishing rating and pricing levels.
  • Produce timely standard analytic reports for internal and/or external use.
  • Study for exams towards credentials.
Qualifications
  • Requires a bachelor's degree in mathematics, statistics, computer science or related discipline, or equivalent business experience.
  • Has completed 1 to 2 courses towards the eventual attainment of the Associate, Society of Actuaries (ASA) designation.
  • No previous professional actuarial experience required but typically has obtained broad theoretical job knowledge through advanced education.
Equal Employment Opportunity

External hires must pass a background check/drug screen. Qualified applicants with arrest records and/or conviction records will be considered for employment in a manner consistent with Federal, State and local laws, including but not limited to the San Francisco Fair Chance Ordinance. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, protected veteran status or disability status and any other classification protected by Federal, State and local laws.

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Position Requirements
10+ Years work experience
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