Actuarial Analyst
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Job Description
Actuarial Analyst responsible for analyzing financial and statistical data for Arkansas Blue Cross. Involves pricing, reserving, forecasting, risk adjustment, reinsurance, and product development.
Responsibilities:
- Analyzes financial, statistical and mathematical data to perform actuarial calculations.
- Assists in the determination of pricing, reserves and/or cash flow projections, especially to determine rate accuracy.
- Assists with the Division's Annual Statement exhibits.
- Communicates financial, statistical, and mathematical data results to stakeholders clearly and accurately.
- Demonstrates ability to meet deadlines while providing management adequate time to review the work product.
- Maintains good standing as a participant in the Actuarial Development Program.
- Prepares and distributes established reports for decision-makers throughout the Enterprise, responding to inquiries as needed.
- Prioritizes work projects according to Enterprise needs with moderate input from management.
- Provides analytic support for Enterprise and/or Divisional projects, Enterprise Risk Management, and other requests.
- Retrieves and validates data for rate filings, actuarial models, and other requests as assigned.
- Updates rating model factors, algorithms and studies to reflect current experience and/or changing conditions.
Requirements:
- Bachelor's degree in Mathematics, Actuarial Science, Statistics, Economics, Computer Science, Business or other quantitative field.
- Two (2) actuarial exams may be substituted in lieu of degree in additional to the requirements listed below.
- Minimum three (3) successfully completed Society of Actuaries exams.
- Minimum one (1) year actuarial experience, preferably in healthcare.
- Intermediate experience in the use of relational databases, statistical packages, spreadsheet and/or database applications.
Benefits:
- Tuition reimbursement.
- Club Blue, a free, onsite gym to encourage exercise.
- Green Leaf Grill and Green Leaf Grill Express, onsite restaurants in Little Rock that promote healthy eating.
- Incentives for wellness education and exercise
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