Actuarial Analyst II Hybrid

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 (Hybrid)

Blue Cross Blue Shield of Michigan

When you think of <a href="" 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="" 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="" target="_blank" rel="noopener noreferrer">Click Here</a>. Learn more about your options as an external candidate. <a href="" target="_blank" title="BCBSM" rel="noopener noreferrer">Click here</a> to view open positions.

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Competitive Total Compensation Package

Overview: <strong>Responsible for performing routine actuarial analyses requiring the application of acceptable actuarial techniques, procedures and criteria related to various actuarial area including but not limited to valuations, financial reporting and forecasting, trend analytics, and pricing.</strong>
Responsibilities: <ul> <li>Perform routine actuarial analyses requiring the application of acceptable actuarial techniques, procedures and criteria.</li> <li>Analyze completed work for reasonableness and accuracy; utilize judgment in recommending specific courses of action<br />considering the internal, external and customer impacts.</li> <li>Learn, use and implement programming and maintain analytical programs with limited direction.</li> <li>Utilize data management and structure techniques with limited direction and oversight.</li> <li>Develop and enhance procedures including review for actuarial soundness.</li> <li>Perform experience and financial analysis to identify root causes and develop multiple solutions for actuarial problems.</li> <li>With guidance, present completed work and related implications to team members, internal clients and leadership.</li> <li>Remain current on actuarial techniques, seek development and improvement opportunities and understand corporate/<br />cross-functional objectives and cultural beliefs.</li> </ul>
Requirements: <ul> <li>Bachelor's Degree in Actuarial Science or related area.</li> <li>One (1) year experience BCN/BCBSM actuarial experience or comparable experience at another company.</li> <li>Earned at least one (1) course credit towards the attainment of the FSA designation and is a member, in good standing, of the Actuarial Development Program.&nbsp;</li> <li>Knowledge of standard actuarial methods and practices used to perform complex analyses and calculations.</li> <li>Strong analytical, verbal and written communication skills.</li> <li>Ability to apply appropriate planning and prioritization techniques.</li> <li>Other related skills and/or abilities may be required to perform this job.</li> </ul>