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Actuarial Analyst III

Horizon Blue Cross Blue Shield of New JerseyNewark, NJ - Remote4mo ago
RemoteStop LossCommercial Employer HealthPricing & RatingReserving & ValuationBusiness Intelligence & Reporting

Role Summary

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HIGHLIGHTS

Senior health actuarial analyst focused on Stop Loss and Level Funded groups. Responsible for pricing, underwriting support, reserving (IBNR) and forecasting, model development, and partnering with business stakeholders. Senior-level role based in Newark, NJ with remote work allowed for several nearby states.

JOB DESCRIPTION SUMMARY

  • Price and reserve Specific & Aggregate Stop Loss and Level Funded business
  • Develop pricing models, support rate filings and benefit adjustment analyses
  • Perform trend analysis, forecasting and IBNR reserving
  • Work remotely (must live in NJ, NY, PA, CT or DE); senior analyst level
  • ASA preferred; requires 4+ years actuarial/statistics experience

DOMAIN EXPERTISE

  • stop loss pricing and reserving
  • level-funded group pricing
  • health insurance actuarial experience
  • IBNR reserving and forecasting
  • knowledge of the reinsurance industry

KEY REQUIREMENTS

  • Bachelor’s degree required (math/stats/actuarial preferred)
  • Requires 4+ years of actuarial and/or statistics experience
  • Excellent knowledge of Stop Loss and Level Funded product features
  • Expert knowledge of Excel
  • Experience with SAS or other programming language

TECH STACK

  • Excel
  • Access