Actuarial Associate

Job Description

We are seeking an early‑career Actuarial Associate who is eager to apply their knowledge of mathematics, probability, statistics, and business principles in a supportive, team‑based environment. Under direct guidance and supervision, this role provides hands‑on technical support for rating and pricing, valuation, health‑care economics, and financial forecasting. The Actuarial Associate will work alongside experienced actuaries and collaborate with teams across Network Management, Underwriting, Sales and Marketing, Finance, and Health‑Care while building a strong foundation for a career in actuarial science.

• Analyzes financial, statistical and mathematical data and performs actuarial calculations.
• May assist in the determination of pricing, reserves and/or cash‑flow projections.
• Assists in performing rate studies used in determining rate adequacy.
• Assists in actuarial research, experience studies, and statistical analyses and calculations.
• Provides support to senior analysts or actuaries as required.
• Retrieves and validates data for rate filings and actuarial models; assists senior staff in building model enhancements and determines reasons for changes to calculated factors.
• Distributes established reports and responds to inquiries.
• Investigates trends and anomalies.
• Supports Enterprise Risk Management.
• Provides analytic support for corporate and departmental projects.
• Is a participant in good standing in the Actuarial Development Program.

• Bachelor’s degree or advanced degree (where required).
• 0‑2 years of experience in a related field.
• Enrolled in the actuarial student program and committed to completing the Society of Actuaries education system courses necessary to attain the ASA designation.

• The opportunity to work at the cutting edge of health‑care delivery with a team that is 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.
• 401(k) match including an annual company contribution.
• Learn more.

At Blue Cross NC, we take great pride in a fair and equitable compensation package that reflects market‑price and our starting salaries are typically planned near the middle of the range listed. Compensation decisions are driven by factors including experience and training, specialized skill sets, licensure and certifications, and other business and organizational needs. Our base salary is part of a robust Total Rewards package that includes an Annual Incentive Bonus, 401(k) with employer match, Paid Time Off (PTO), and competitive health benefits and wellness programs.

* Based on annual corporate goal achievement and individual performance.

$66,998.00 – $

Applicants are expected to demonstrate strong analytical skills, proficiency in statistical software, and a solid understanding of insurance and risk management concepts. Familiarity with actuarial modeling, data validation, and report generation is highly desirable.