When you think of where you want to go in life, being part of a great company figures into your vision. You have the talent and the drive to go far. What you want is a company with the culture and the opportunities to enable you to reach your goals.
Blue Cross Blue Shield of Massachusetts is well-known for supporting and encouraging employee achievement in an environment of abundant growth opportunities, career paths and financial rewards. You can expect no less from a health insurance leader whose innovative solutions bring coverage into the homes of millions across our state and serve as models for the entire nation.
You are invited to apply for the following opening:
Actuarial Analyst
Today's healthcare industry -- dynamic and changing at a fast pace. Recruiting talented people can mean the difference between success or failure. At Blue Cross and Blue Shield of Massachusetts, our record of achievement represents a history of hiring the best people we can find, and then challenging them to excel. It's the kind of environment that enables us to give our best to the consumers we serve, and at the same time, work to the potential of those who work for us.
Blue Cross Blue Shield of Massachusetts is an Equal Opportunity Employment/Affirmative Action Employer. Applicants are considered for all positions without regard to race, color, religion, sex, national origin, age, veteran status, disability, sexual orientation, or any other characteristics protected by law.
The Analyst in this role is be responsible for a variety of functions including rating, medical cost analysis, reserving, financial planning, provider contract analysis and trend management. This position is responsible for the analyses to support a variety of possible cross-functional initiatives. The associate is also responsible to work with a departments beyond Actuarial, Underwriting and Analytic Services in the development and management of projects and initiatives across the company. He/she must be able to work collaboratively with technical and non-technical staff including, clinical staff, contracting staff, financial services staff and others across the company.
Key Accountabilities
Blue Cross Blue Shield of Massachusetts is an Equal Opportunity Employment/Affirmative Action Employer. Applicants are considered for all positions without regard to race, color, religion, sex, national origin, age, veteran status, disability, sexual orientation, or any other characteristics protected by law.
The Analyst in this role is be responsible for a variety of functions including rating, medical cost analysis, reserving, financial planning, provider contract analysis and trend management. This position is responsible for the analyses to support a variety of possible cross-functional initiatives. The associate is also responsible to work with a departments beyond Actuarial, Underwriting and Analytic Services in the development and management of projects and initiatives across the company. He/she must be able to work collaboratively with technical and non-technical staff including, clinical staff, contracting staff, financial services staff and others across the company.
Key Accountabilities
- Collaborate with and provide effective analytical and strategic support to business owners of a variety of company initiatives, workgroups, and Finance teams charged with evaluating these programs.
- Work collaboratively to develop and implement actuarial models for corporate initiatives. Lead development of analyses to determine how these programs are performing from a financial perspective and evaluation of cost/benefit results, and ensure that results are accurately reflected across the entire business. Provide other supportive analyses and work as needed.
- Work closely across all departments of the company in the development and management of corporate initiatives.
- Troubleshoot process and/or data issues with both internal and external customers working jointly with business owners and other BCBSMA departments throughout the company to provide support on various financial analysis
- Bachelor's Degree required.
- Minimum 2 years progressively responsible experience in healthcare.
- 3 or more SOA exams preferred; finance background required.
- Commitment to completing Actuarial Rotational Program and obtaining FSA designation.
- Commitment to leadership development and becoming a business leader.
- Customer-service orientation
- Strong PC skills and application experience required. Mainframe programming skills desirable.
- Experience in analysis, interpretation and reporting using large-scale medical or administrative data sets.
- Project management and organizational skills to perform a variety of projects under specific time restraints
- Strong written and oral communication skills in a variety of settings and to a variety of audiences
- Strong analytical skills and technical expertise
- Position Information
- Location: 02215
- Job Category: Accounting/Finance/Insurance
- Reference Code: bcbs-00002430
