Actuarial Analyst I at Blue Cross… · Boston

Summary: Blue Cross Blue Shield of Massachusetts (BCBSMA) seeks an Actuarial Analyst to join the Actuarial Leadership Development program. The role focuses on analyzing healthcare trends and costs, developing models and visualizations to support strategic decisions, and collaborating with various departments to enhance financial performance. Responsibilities: - Work with a rich dataset and a robust well-established Enterprise Data Warehouse to identify emerging drivers of health care trend and cost, market pressures, and profitability - Design compelling visualizations and build innovative models to influence and analyze new products, provider payment structures, and health care delivery mechanisms that will lower cost and improve the quality of care provided to our members - Lead and/or assist the development of recommendations to various departments and business partners - Lead and/or assist in development of processes/analyses to determine financial performance or evaluate cost/benefit, working to ensure consistent representation across the entire business - Participate in determining objectives of significant projects or assignments Required Qualifications: - Bachelor's degree required. Math, Business, Healthcare or related field strongly preferred - A minimum of 1 completed actuarial exam required - 0-2 years of experience preferably in healthcare or related industry - 0-2 years' experience in data analysis/extraction/manipulation using tools like SAS, SQL, R, Python, etc - Ability to communicate (written & verbal) and collaborate with various business partners, including clinical and technical and non-technical staff required - Proven ability to constantly innovate - Commitment to participate in the Actuarial Leadership Development Program and obtain FSA designation Preferred Qualifications: - 0-2 years' experience developing data visualization in tools such as Tableau and analytic automation (scripting, macros) strongly preferred Required Skills: Actuarial exams, Healthcare industry knowledge, Data analysis, Data extraction, Data manipulation, SAS, SQL, R, Python, Data visualization, Tableau, Analytic automation, Scripting, Macros, Innovation Benefits: Paid time off, Medical/dental/vision insurance, 401(k), A suite of well-being benefits to eligible employees