Senior Actuarial Analyst - Medical Economics

Job Description

Blue Cross NC is seeking a Senior Actuarial Analyst to join our Medical Economics Enablement team. In this role, you will apply actuarial expertise and advanced analytical skills to transform complex healthcare data into actionable insights that improve affordability, support strategic decision-making, and drive business performance. Working closely with actuarial, business, and technology partners, you will develop scalable analytic solutions, identify cost drivers and trends, and deliver data-driven recommendations that support enterprise priorities.

The ideal candidate combines strong actuarial knowledge with technical proficiency in data analysis, programming, and healthcare analytics.

Blue Cross NC is seeking a Senior Actuarial Analyst to join our Medical Economics Enablement team. In this role, you will apply actuarial expertise and advanced analytical skills to transform complex healthcare data into actionable insights that improve affordability, support strategic decision-making, and drive business performance. Working closely with actuarial, business, and technology partners, you will develop scalable analytic solutions, identify cost drivers and trends, and deliver data-driven recommendations that support enterprise priorities.

The ideal candidate combines strong actuarial knowledge with technical proficiency in data analysis, programming, and healthcare analytics.

• Develops reporting structure, toolset and analytic strategy to support market and domain teams as well as pricing for programs and products.
• Supports the rating process by determining the need for and building actuarial model enhancements.
• Distributes established reports and responds to inquiries. Supports the investigation of trends and anomalies.
• Coordinate and independently develop BI content (reports, dashboards, scorecards, more complex analytic solutions) through the entire development life-cycle to provide data necessary to effectively make business decisions and measure goal attainment and overall performance.
• Share expertise with business areas to assist in understanding enterprise data content, definitions and usage and the available BI tools. Maintains robust knowledge of data assets and tools and supports development/maintenance of a formal Knowledge Base.
• Plans, implements, manages and/or contributes to projects that are moderate/high complexity.
• Is a participant in good standing in the Actuarial Development Program

• Bachelor's degree or advanced degree (where required)
• 4+ years of experience in relevant actuarial experience. Related experience may be considered.
• Must have completed 5 or more exams towards the eventual attainment of the ASA designation.
• In lieu of meeting minimum exam requirements, may consider additional relevant experience.
• In lieu of meeting minimum experience requirement, may consider ASA or more exams towards the eventual attainment of ASA.

• Commercial and Medicare Healthcare knowledge – Highly Preferred
• Experience with risk modeling/normalization, outlier analysis and benchmarking
• Experience with Business Intelligence (BI) software – preferably Power BI
• Experience with MS suite and Power tools (Power Automate, etc.) – nice to have
• Experience with AI development tools - especially Copilot and Cortex Code - highly preferred
• SQL (required) - especially the Snowflake environment, Python/R, automation/workflow software like Alteryx (nice to have)
• Strong communication/storytelling abilities

• The opportunity to work at the cutting edge of health care delivery with a team that’s deeply invested in the community.
• Work-life balance, flexibility, and the autonomy to do great work
• Medical, dental, and vision coverage along with numerous health and wellness programs.
• Parental leave and support plus adoption and surrogacy assistance
• Career development programs and tuition reimbursement for continued education
• 401k match including an annual company contribution
• Learn more

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