Actuarial Analyst II Job at Capital Blue Cross
Capital Blue Cross has an exciting opportunity for an Actuarial Analyst to join our award-winning organization. Since 2014, Capital Blue Cross has scored higher than all health insurance providers publicly measured in the American Customer Satisfaction Index (ACSI) and is proud to be named a Best Places to work in PA, Harrisburg Magazine’s Simply the Best, and Highest Member Satisfaction J.D. Power Award.
This position provides support to the Actuarial department in any or all of the core actuarial functions of pricing, reserving, and forecasting. This position is expected to build upon a basic foundation of actuarial functions and knowledge. A candidate will use their understanding and familiarity with the tools we used in the actuarial department to consider how they apply to the business. This position is pursuing accreditation in the SOA.
Responsibilities and Qualifications:- Pricing Support: Provide support to senior level staff and management with regard to rate filings. Continue building a knowledge base for how rate filings are developed and submitted.
- Forecasting Support: Provide support to senior level staff and management with regard to completing the company forecast. Continue to gain a knowledge of the forecast process and what the results reflect.
- Reserve Support: Provide support to senior level staff and management with regard to completing the monthly reserve valuation process. Continue to learn the key elements of the reserve process and be able to logically understand their functions. Gain an ability to modify and impact analytics and process.
- Data Analytics: Build on knowledge of data sources and how to gather data needed for the three core actuarial functions. Continue to develop an understanding of reports produced for management and their intended function.
- Actuarial Exams: Participate in the Actuarial Student Program and take exams pursuant of actuarial credentials (ASA and/or FSA)
Experience:
1-4 years of experience in an actuarial department
Proficiency with Microsoft office tools with emphasis on Excel and Access
Successful completion of 2 or more Society of Actuaries examinations
Knowledge:
- Statistical knowledge
Skills:
- Analytical thinking skills
- Mathematical skills
- Detail oriented
- May handle moderately complex issues or problems
Physical Demands:
- While performing the duties of the job, the employee is frequently required to sit, use hands and fingers, talk, hear, and see.
- The employee must be able to work over 40 hours per week.
- The employee must occasionally lift and/or move up to 5 pounds.
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