Senior Actuarial Analyst I

SUMMARY

Responsible for performing moderately complex calculations, analysis and actuarial research used for actuarial analysis with limited direct supervisory review. Actuarial analysis can include but not limited to valuations, financial reporting and forecasting, trend analytics, and pricing.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

• Perform moderately complex actuarial analyses and calculations using knowledge and demonstrated application of actuarial methods and practices, determining priorities and procedures.

• Ensure completeness, accuracy and appropriateness of all insurance data used in the production of outputs; recommend improvements to data as needed.

• Independently identify actuarial problems and associate actions and solutions; consider internal, external and customer impacts. Independently communicate to stakeholders.

• Assess and implement efficiency enhancing processes where available.

• Respond to requests from internal departments; prioritize and review work of peers.

• May provide technical guidance to less experienced professionals and technicians.

• Remain current on actuarial techniques, seek development and improvement opportunities and understand corporate/cross-functional objectives and cultural beliefs.

EDUCATION AND EXPERIENCE

Relevant combination of education and experience may be considered in lieu of degree.

• Bachelor's Degree in Actuarial Science or related area.

• Three (3) years actuarial experience. Preference to have at least one year of BCN/BCBSM actuarial experience or comparable experience at another company.

• Earned at least three (3) course credits towards the attainment of the FSA designation and is a member, in good standing, of the Actuarial Development Program.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

OTHER SKILLS AND ABILITIES

• Knowledge of actuarial methods and practices used to perform moderately complex actuarial analyses and calculations.

• Strong analytical, verbal and written communication skills.

• Ability to apply appropriate planning and prioritization techniques.

• Other related skills and/or abilities may be required to perform this job.

ADDITIONAL INFORMATION

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified. This job description does not constitute a contract for employment.

PAY RANGE:

“Actual compensation decision relies on the consideration of internal equity, candidate’s skills and professional experience, geographic location, market and other potential factors. It is not standard practice for an offer to be at or near the top of the range, and therefore a reasonable estimate for this role is between $71,800 and $120,200.”

We are an Equal Opportunity Employer. Diversity is valued and we will not tolerate discrimination or harassment in any form. Candidates for the position stated above are hired on an "at will" basis. Nothing herein is intended to create a contract.