Senior Actuarial Analyst

Job Description Join Blue Cross NC as a Senior Actuarial Analyst, where you will leverage your expertise in mathematics, statistics, and business principles to provide essential support for intricate rating, pricing, valuation, and financial forecasting tasks. In this role, you will work autonomously within a collaborative team of actuaries to ensure a cohesive approach to the actuarial dimensions of our healthcare programs. Your work will significantly impact various departments including Network Management, Underwriting, Sales and Marketing, Finance, and Healthcare. What You'll Do Conduct detailed qualitative and quantitative data analysis to aid in the development of pricing models for various products and programs. Analyze trends with moderate complexity to inform strategic decisions. Enhance the rating process by identifying needs and building advancements in actuarial models, communicating important changes to stakeholders. Examine and ensure the correctness of actuarial formulas. Submit rate filings to regulatory agencies including NCDOI and CMS. Contribute to financial valuations by modifying and executing the ALR model and performing assumption studies to evaluate reserve impacts. Assist in preparing critical documentation such as the Annual Actuarial Memorandum, Premium Deficiency Reserve Study, and statutory results. Generate and distribute established reports, respond to inquiries, and investigate any discernible trends or anomalies. Support the resolution of control exceptions and maintain appropriate documentation. Engage in project requirements gathering and act as a delegate for corporate projects, proposing innovative ideas for analytical approaches. Plan and manage moderate to high complexity projects effectively. Participate actively in the Actuarial Development Program. What You Bring A Bachelor's degree or an advanced degree, as required. At least 4 years of relevant actuarial experience; related experience may be considered. A minimum of 5 completed exams towards the ASA designation. Additional relevant experience may be considered in lieu of exam requirements. Additional exams toward ASA may substitute for experience requirements. Bonus Points Familiarity with SQL and advanced Excel - Highly Preferred Experience in building intricate financial models - Highly Preferred Proven experience in translating complex actuarial concepts for non-actuarial audiences and senior management. Strong analytical skills, critical thinking, and innovative problem-solving ability. What You'll Get The chance to work at the forefront of healthcare with a team committed to community well-being. Work-life balance, flexibility, and the freedom to excel in your role. Comprehensive medical, dental, and vision coverage, alongside numerous wellness programs. Support for parental leave, adoption, and surrogacy processes. Opportunities for career advancement and tuition reimbursement for ongoing education. 401k match, including an annual company contribution. Learn more about us. Salary Range At Blue Cross NC, we are committed to providing a competitive and equitable compensation package, with starting salaries typically positioned near the midpoint of the cited range. Our compensation framework is influenced by experience, specialized skill sets, certifications, and organizational needs. Expect a base salary as part of a comprehensive rewards package, which includes an Annual Incentive Bonus, 401(k) employer match, generous PTO, and competitive health benefits and wellness offerings. Based on annual corporate goal achievement and individual performance. $98,092.00 - $156,947.00 Skills Actuarial Analysis, Actuarial Consulting, Actuarial Science, Business Analysis, Complex Project Management, Financial Modeling, Hiring Management, People Management, Risk Assessments, Valuation Analysis _____________________________________________________________________ JOB ALERT FRAUD: We have become aware of scams claiming to represent Blue Cross and Blue Shield of North Carolina in recruitment activities in exchange for personal financial information. Our legitimate hiring process does not involve text-based conversations or interviews requiring payments from candidates. All our career opportunities can be found on our official site. If you suspect any fraudulent activity, please report it to your local authorities and notify our HR department.

Created: 2026-03-05