Actuary

With more than 7,000 employees, we are the largest health insurance company in Michigan. We offer an exciting work environment with a diverse group of employees. Our goal is to make health insurance easier for our members. We want to transform the industry and become a resource that people can trust.

Detroit, MI

Blue Cross Blue Shield of Michigan

When you think of <a href="https://www.bcbsm.com/" target="_blank" rel="noopener noreferrer">Blue Cross Blue Shield of Michigan</a> for health insurance, you can know you&rsquo;re getting much more. We're a company founded on a tradition of affordable, quality health care for everyone, improving the present and investing in the future.&nbsp;<br /><br />We offer:<br />Plans for employers and individuals that meet today&rsquo;s needs, budgets and lifestyle<br />The largest network of doctors and hospitals in the state<br />Lower health care costs Higher quality health care<br />Award-winning diversity practices<br />Grants and programs that promote better health throughout Michigan<br /><strong><br />Mission:&nbsp;</strong>We commit to being our members&rsquo; trusted partner by providing affordable, innovative products that improve their care and health.<br /><br /><a href="http://www.bcbsm.com/index/about-us/our-company.html" target="_blank" rel="noopener noreferrer"><strong>Click here</strong></a> to learn more about our commitment to our Social Mission, view company updates and reviews, and view our awards &amp; accolades.<br /><br />For Application Timeline &amp; Selection Process:&nbsp;<a href="https://s3.amazonaws.com/data.vizirecruiter.com/Images/BCBSMCareers+-+Quick+Reference+Guide.pdf" target="_blank" rel="noopener noreferrer">Click Here</a>. Learn more about your options as an external candidate. <a href="https://bcbsm.taleo.net/careersection/2/jobsearch.ftl?lang=en" target="_blank" rel="noopener noreferrer">Click here</a> to view open positions. http://www.bcbsm.com

keywords: summary,analysis,performance,technical,quality assurance,organization,communication,skills,experience and education,knowledge

Full Time

Competitive Total Compensation Package

Overview: Responsible for performing moderately complex calculations, analysis, and actuarial research used for actuarial analysis with limited direct supervisory review.&nbsp; Actuarial analysis can include but not limited to valuations, financial reporting and forecasting, trend analytics, and pricing.
Responsibilities: <ul> <li> <div>Perform moderately complex actuarial analyses and calculations using knowledge and demonstrated the application of actuarial methods and practices, determining priorities and procedures.</div> </li> <li> <div>Ensure completeness, accuracy, and appropriateness of all insurance data used in the production of outputs; recommend improvements to data as needed.</div> </li> <li> <div>Independently identify actuarial problems and associate actions and solutions; consider internal, external, and customer impacts. Independently communicate to stakeholders.</div> </li> <li> <div>Assess and implement efficiency-enhancing processes where available.</div> </li> <li> <div>Respond to requests from internal departments; prioritize and review work of peers.</div> </li> <li> <div>May provide technical guidance to less experienced professionals and technicians.</div> </li> <li> <div>Remain current on actuarial techniques, seek development and improvement opportunities, and understand corporate/ cross-functional objectives and cultural beliefs.</div> </li> </ul>
Requirements: <ul> <li> <div>Bachelor's Degree in Actuarial Science or related area.</div> </li> <li> <div>Three (3) years of actuarial experience.&nbsp; Preference to have at least one year of BCN/BCBSM actuarial experience or comparable experience at another company.</div> </li> <li> <div>Earned at least three (3) course credits towards the attainment of the FSA designation and is a member, in good standing, of the Actuarial Development Program.</div> </li> <li> <div>Knowledge of actuarial methods and practices used to perform moderately complex actuarial analyses and calculations.</div> </li> <li> <div>Strong analytical, verbal, and written communication skills.</div> </li> <li> <div>Ability to apply appropriate planning and prioritization techniques.</div> </li> <li> <div>Other related skills and/or abilities may be required to perform this job.</div> </li> </ul>