Actuarial Analyst , Pricing and Rate Filings - Remote AZ

Awarded a Healthiest Employer, Blue Cross Blue Shield of Arizona aims to fulfill its mission to inspire health and make it easy.

AZ Blue offersa 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.

At AZ Blue, we have a hybrid workforce strategy, called Workability, that offers flexibility with how and where employees work. Our positions are classified as hybrid, onsite or remote. While the majority of our employees are hybrid, the following classifications drive our current minimum onsite requirements:

• Hybrid People Leaders: must reside in AZ, required to be onsite at least twice per week

• 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

• Onsite: daily onsite requirement based on the essential functions of the job

• 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.

Perform 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.

• No experience is required

• Bachelor's Degree in actuarial science, business, mathematics, statistics, economics or related field of study

• N/A

• N/A

• 5 years of experience working for a healthcare organization / health insurer (Applies to All Levels)
• 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)

• N/A

• Associate, Society of Actuaries (ASA) (Applies to All Levels)
• Member of the American Academy of Actuaries (MAAA) (Applies to All Levels)

• 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
• Display initiative in research beyond the specific assignment
• Meaningfully contribute to the area’s workload,…