Actuarial Analyst, Principal

Your Work

In this role, you will:

• Be responsible for converting pricing and financial goals at the line of business and region level into specific action plans at the provider level that the Network team can execute.
• Create value for the Growth team General Managers by ensuring they have a voice when it comes to key network decisions and network strategy.
• Create value for the Network team by organizing and focusing the various requests from the General Managers and Pricing Team into a prioritized, workable list.
• Be required to have strong influencing skills across multiple functions within Blue Shield with a drive towards consensus, and an ability to handle shifting priorities and ambiguity with agility.
• Lead, coordinate and/or develop strategic, market and competitive analysis.
• Conduct and develop analysis, assess risk and population risk scores and assignment, develop pricing and trends, assess changes in benefit designs, develop reserves, perform forecasting, analyze provider reimbursement terms and/or evaluate actuarial risk related analysis.
• Coordinate, prepare, perform, and audit actuarial analyses to assist in the development of complex actuarial formulations leading to the recommendation of pricing, trending, reserving, provider reimbursement and/or risk assessment strategies.

Your Knowledge and Experience

• Requires a bachelor's degree in mathematics, statistics, computer science or equivalent business experience.
• Requires an ASA.
• Requires at least 8 years of professional actuarial experience.
• Requires at least 1 year of pricing experience, with experience in multiple lines of business desired.
• Requires at least 2 years of experience in actuarial provider contracting analysis.

Pay Range:

The pay range for this role is: $145970.00 to $218900.00 for California.

Note:

Please note that this range represents the pay range for this and many other positions at Blue Shield that fall into this pay grade. Blue Shield salaries are based on a variety of factors, including the candidate's experience, location (California, Bay area, or outside California), and current employee salaries for similar roles.