Actuarial Analyst, Forecasting and Reserves (Hybrid)

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

• Hybrid Individual Contributors: 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 month.

This position is hybrid within the state of AZ only.  This hybrid work opportunity requires residency, and work to be performed, within the State of Arizona.

PURPOSE OF THE JOB

• Provide advanced technical analysis and professional guidance on behalf of the Actuarial Department

QUALIFICATIONS

REQUIRED QUALIFICATIONS

Required Work Experience

• 5+ years of experience in an actuarial field

Required Education

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

Required Licenses

• N/A

Required Certifications

• N/A
   

PREFERRED QUALIFICATIONS

• 5+ years of experience working for a healthcare organization / health insurer
• 5+ years of experience in an actuarial or healthcare economics field

• Master’s Degree in business, mathematics, statistics, or related field of study

• N/A

Preferred Certifications

• Associate, Society of Actuaries (ASA) and Member of the American Academy of Actuaries (MAAA)
   

ESSENTIAL JOB FUNCTIONS AND RESPONSIBILITIES

• Report to a director or manager who provides minimal supervisory instructions, limited project management, and minimal or limited review of results, beyond pre-release peer review.
• Works with internal departments to create analyses and recommendations that will allow BCBSAZ to meet its goals
• Plan and lead complex projects from inception to completion. Includes working independently on creating timelines, working with other areas to define deliverables, monitoring progress, implementing the project and resolving/monitoring post-implementation issues.
• Communicate (both verbally and in writing) and interprets results, recommendations and abstract concepts to internal and external customers.  Anticipate and addresses possible customer questions and concerns.
• Incorporate strategic planning in all areas of responsibility.
• Train and mentor other analysts and provide peer review.

COMPETENCIES

REQUIRED COMPETENCIES

Required Job Skills

• Intermediate to advanced proficiency in spreadsheet, database, presentation, and word processing software
• Basic proficiency in data warehouse querying tools
• Advanced skill in mathematics and statistics
• Ability to communicate effectively, both orally and in writing, to all levels in all departments. 

Required Professional Competencies

• Broad understanding of health insurance terms and concepts; knowledge of benefit design and pricing/rating
• Analytical knowledge necessary to generate reports, actuarial analyses, and mathematical models based on available data and ability to make sound decisions based on reported data
• Ability to solve problems independently and draw accurate conclusions from limited data using basic mathematical modeling and actuarial techniques.
• Ability to deal with ambiguity and make recommendations with less than complete or conflicting information while maintaining appropriate time management.
• Abilit