Actuarial Analyst, Principal

job
  • Blue Shield of California
Job Summary
Location
Oakland ,CA 94601
Job Type
Contract
Visa
Any Valid Visa
Salary
PayRate
Qualification
BCA
Experience
2Years - 10Years
Posted
04 Feb 2025
Share
Job Description

Actuarial Analyst, Principal at Blue Shield of California summary:

As a Principal Actuarial Analyst, you will translate pricing and financial objectives into actionable plans for the provider level while ensuring the voice of General Managers is prioritized in network strategy. You will lead market and competitive analyses, conduct risk assessments, and develop pricing trends while coordinating actuarial solutions. This role requires strong influencing skills and an ability to adapt to changes in a complex environment.

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 evaluates 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.


Keywords:

Actuarial Analysis, Pricing Strategy, Risk Assessment, Financial Modeling, Market Analysis, Data Analysis, Provider Reimbursement, Trend Analysis, Health Insurance, Business Strategy

Other Smiliar Jobs
 
  • Oakland, CA
  • 7 Days ago
  • Oakland, CA
  • 6 Days ago
  • Oakland, CA
  • 7 Days ago
  • Oakland, CA
  • 6 Days ago
  • Long Beach, CA
  • 6 Days ago
  • Oakland, CA
  • 6 Days ago
  • Oakland, CA
  • 6 Days ago
  • Long Beach, CA
  • 6 Days ago
  • Oakland, CA
  • 6 Days ago
  • Rancho Cordova, CA
  • 6 Days ago
  • Oakland, CA
  • 6 Days ago