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Medicare Actuary

Blue Cross Blue Shield Association

Medicare Actuary

Chicago, Illinois, United States · Yesterday

Salary
$128k - $185k
Experience
7+ Years

Role Summary

Role type

Modelling-heavy individual contributor

Closer to a modelling-heavy IC than a pricing-underwriting partner—the ad emphasizes model ownership and Medicare expertise over live deal negotiation.

Senior Health Actuary role in Chicago focused on Federal Employee Program Medicare Advantage and Part D EGWP. You’ll lead pricing, benefit design, CMS revenue and risk-adjustment analysis while supporting forecasting, reserving, regulatory work, and a new Medicare program.

Requirements

Must have

  • Bachelor's degree or equivalent work experience
  • 7+ years of actuarial experience
  • Multiple years of experience in Medicare Advantage/Part D or other health insurance
  • Substantial health actuarial expertise in pricing, underwriting, valuation, product development, trend analysis, forecasting, rate filings
  • Technical skills with Microsoft Office Suite including Excel
  • Associate of the Society of Actuaries (ASA) designation
  • Membership in the American Academy of Actuaries (MAAA)

Strongly preferred

  • General understanding of data support systems and data requirements
  • Ability to work effectively in multi-disciplinary team environment
  • Excellent oral and written communication and presentation skills
  • Skilled in basic accounting and financial analysis
  • Experience in Access, SAS, SQL, VBA, R, or other programming
  • Ability to exercise independent actuarial judgement

Nice to have

  • Preferred: AI literacy and understanding of generative AI tools

Skills & Domain

ToolsExcelAccessPowerPoint
DomainMedicare Advantage/Part D pricingCMS revenue and risk adjustment modelingRAF and HCC analyticsMedicare Advantage bid developmentEGWP (Employer Group Waiver Program) financial analysis

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