Consultant Actuarial Analyst

Blue Cross Blue Shield of Massachusetts (BCBSMA) seeks an Actuarial Consultant to join the Actuarial Leadership Development program. Members of the Actuarial Leadership Development Program support our corporate strategy in critical areas including competitiveness, affordability, profitability, provider payment reform and health care policy.

• 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 by designing, compiling, and executing own analysis or reporting.
• 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, making a clear recommendation on path forward with supporting rationale.
• Assists in performance of financial projections and actuarial analysis for well-defined projects, making recommendations to various customers/departments 
• Lead development of processes/analyses to determine financial performance or evaluate cost/benefit, working to ensure consistent representation across the entire business
• May be responsible for leading actuarial projects relating to complex issues and trends, driving projects to completion, communicating results and facilitating implementation

This document is not an exhaustive list of all responsibilities, skills, duties, requirements, or working conditions associated with the job. Employees may be required to perform other job-related duties.

We’re Looking for:

• Bachelor’s degree required. Math, Business, Healthcare or related field strongly preferred
• A minimum of 4 years professional experience, preferably in healthcare or related industry
• Minimum of ASA Designation preferred
• Minimum of 4 years’ experience in data analysis/extraction/manipulation using tools like SAS, SQL, R, Python, etc. strongly preferred
• Minimum of 4 years’ experience developing data visualization in tools such as Tableau and analytic automation (scripting, macros) strongly preferred

• 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.

What You’ll Gain:

• Experience as an actuarial consultant trough participation in our rotational development program, designed to ensure all program members are exposed to a wide range of actuarial positions
• The ability to enhance technical skills such as Python and Tableau through offerings in collaboration with our Data & Analytics community
• A robust support network through the Actuarial Leadership Development Program – exam support through both study time and study materials, access to career planning tools, leadership development training,  and more!

#LI-Hybrid

High school degree or equivalent required unless otherwise noted above

The job posting range is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting.  We may ultimately pay more or less than the posted range, and the range may be modified in the future.  An employee’s pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, performance, shift, travel requirements, sales or revenue-based metrics, and business or organizational needs and affordability.

This job is also eligible for variable pay.

We offer comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), and a suite of well-being benefits to eligible employees.

Note:  No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.

WHY Blue Cross Blue Shield of MA?

We understand that the confidence gap and imposter syndrome can  prevent  amazing candidates coming our way, so please don’t hesitate to apply. We’d love to hear from you. You might be just what we need for this role or possibly another one at Blue Cross Blue Shield of MA. The more voices we have represented and amplified in our business, the more we will all thrive, contribute, and be brilliant. We encourage you to bring us your true colors, , your perspectives, and your experiences. It’s in our differences that we will remain relentless in our pursuit to transform healthcare for ALL.

As an employer, we are committed to investing in your development and providing the necessary resources to enable your success. Learn how we are dedicated to creating an inclusive and rewarding workplace that promotes excellence and provides opportunities for employees to forge their unique career path by visiting our Company Culture page. If this sounds like something you’d like to be a part of, we’d love to hear from you. You can also join our Talent Community to stay “in the know” on all things Blue.

At Blue Cross Blue Shield of Massachusetts, we believe in wellness and that work/life balance is a key part of associate wellbeing. For more information on how we work and support that work/life balance visit our "How We Work" Page.