Horizon Blue Cross Blue Shield of New Jersey empowers our members to achieve their best health. For over 90 years, we have been New Jersey’s health solutions leader driving innovations that improve health care quality, affordability, and member experience. Our members are our neighbors, our friends, and our families. It is this understanding that drives us to better serve and care for the 3.5 million people who place their trust in us. We pride ourselves on our best-in-class employees and strive to maintain an innovative and inclusive environment that allows them to thrive.
Actuarial Analyst II
Location
United States
Posted
11 days ago
Salary
$79.1K - $105.9K / year
Seniority
Mid Level
No structured requirement data.
Job Description
Actuarial Analyst II
Horizon Blue Cross Blue Shield of New Jersey
Role Description This role supports actuarial and data analytics for risk-adjusted business across ACA, Medicare Advantage, and Medicaid. Responsibilities include analyzing risk scores, financial impacts, and performance metrics, as well as developing insights to guide risk adjustment strategy, reporting, and pricing/forecasting efforts. The position requires strong analytical skills and the ability to translate data into actionable business recommendations. What You'll Do - Perform or support actuarial analytics on risk adjustable lines of business, including ACA, Medicare Advantage, and Medicaid. - Perform or support CMS-HCC and HHS-HCC risk score projections, including RATP, MA MYRA/FYRA accruals, and RADV financial impacts. - Perform or support data analytics and reporting to inform risk adjustment operations, strategy, submissions, and vendor performance. - Perform or support financial metrics pertaining to risk adjustment performance, including but not limited to intervention ROI. - Collect and analyze data to use for financial and utilization reporting and monitoring. - Support pricing and forecast efforts, including ACA pricing and MA Bid submissions. Qualifications - Bachelors degree is required, preferably within Mathematics, Statistics, Actuarial Sciences or a related field from an accredited college or university. - Requires 2+ years of actuarial and/or statistics experience or attainment of Associate level in the Society of Actuaries (ASA). - ASA candidate a plus. Requirements - Requires working knowledge of Excel. - Prefers experience with SAS or other programming language. - Prefers knowledge of data analysis and Actuarial principles. Skills and Abilities - Requires good oral and written communication skills. - Requires strong analytical thinking. - Requires strong mathematical skill and statistical analysis abilities. - Requires good judgment and problem solving skills. Benefits - Comprehensive health benefits (Medical/Dental/Vision) - Retirement Plans - Generous PTO - Incentive Plans - Wellness Programs - Paid Volunteer Time Off - Tuition Reimbursement Salary Range $79,100 - $105,945
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