Actuarial Consultant - Blue Cross Blue Shield of Michigan : Job Details

Join to apply for the Actuarial Consultant role at Blue Cross Blue Shield of Michigan

1 week ago Be among the first 25 applicants

Join to apply for the Actuarial Consultant role at Blue Cross Blue Shield of Michigan

Get AI-powered advice on this job and more exclusive features.

Job Description

• Utilize advanced actuarial concepts to design and perform complex analysis, conduct research and make recommendations to leadership.
• Ensure completeness, accuracy and appropriateness of all insurance data used in the production of outputs; recommend improvements to data as needed.
• Independently recommend specific course of action; consider internal, external and customer impacts. Independently communicate to stakeholders.
• Define scope of major projects and coordinate completion.
• Assess and implement efficiency enhancing processes where available.
• Respond to requests from internal departments; prioritize and review work of peers for actuarial soundness.
• Drive key department processes. May provide technical guidance to and coordinate work less experience team members.
• Remain current on actuarial techniques, seek development and improvement opportunities and understand corporate/cross-functional objectives and cultural beliefs.

Job DescriptionResponsible for the initiation, organization and analysis of non-routine actuarial research used for analysis including but not limited to valuations, financial reporting and forecasting, trend analytics, and pricing.

• Utilize advanced actuarial concepts to design and perform complex analysis, conduct research and make recommendations to leadership.
• Ensure completeness, accuracy and appropriateness of all insurance data used in the production of outputs; recommend improvements to data as needed.
• Independently recommend specific course of action; consider internal, external and customer impacts. Independently communicate to stakeholders.
• Define scope of major projects and coordinate completion.
• Assess and implement efficiency enhancing processes where available.
• Respond to requests from internal departments; prioritize and review work of peers for actuarial soundness.
• Drive key department processes. May provide technical guidance to and coordinate work less experience team members.
• Remain current on actuarial techniques, seek development and improvement opportunities and understand corporate/cross-functional objectives and cultural beliefs.

Qualifications

• Bachelor's degree in actuarial science or related area.
• Four (4) years related actuarial experience. Preference to have at least one year of BCN/BCBSM actuarial experience or comparable experience at another company.
• Earned at least six (6) exam components (exam, validation by educational experience, modules, final assessment) toward the attainment of the ASA designation and plans to continue making timely progress to obtain ASA credential.
• Knowledge of actuarial methods and practices.
• Strong analytical and critical thinking skills.
• Can effectively utilize email, presentations and verbal communication to convey the intent and methodology of their work, and the broader implications of results to actuarial and non-actuarial audiences.
• Ability to apply appropriate planning and prioritization techniques.
• Other related skills and/or abilities may be required to perform this job.

DEPARTMENTAL PREFERNCESSeeking an individual with strong analytics and critical thinking skills to support performance monitoring and projections of Commercial and Medicare Advantage provider focused valued based contracts.Seniority level

• Seniority levelNot Applicable

Employment type

• Employment typeFull-time

Job function

• Job functionFinance and Sales
• IndustriesWellness and Fitness Services, Hospitals and Health Care, and Insurance

Referrals increase your chances of interviewing at Blue Cross Blue Shield of Michigan by 2x

Sign in to set job alerts for “Actuarial Consultant” roles.

Detroit, MI $65,000.00-$115,000.00 2 weeks ago

Livonia, MI $45,000.00-$53,000.00 3 days ago

Detroit, MI $260,000.00-$322,400.00 1 day ago

We're unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.

#J-18808-Ljbffr