Advantasure - Detroit, MI

posted 4 days ago

Full-time
Detroit, MI
Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services

About the position

The Actuarial Analyst II - Pricing role involves performing routine actuarial analyses using established techniques and procedures across various actuarial areas such as valuations, financial reporting, forecasting, trend analytics, and pricing. The position requires analytical skills to assess completed work for accuracy and reasonableness, as well as the ability to present findings to team members and leadership. The analyst will also be responsible for developing and enhancing actuarial procedures and maintaining analytical programs with limited direction.

Responsibilities

  • Perform routine actuarial analyses using acceptable actuarial techniques and procedures.
  • Analyze completed work for reasonableness and accuracy, recommending actions based on internal, external, and customer impacts.
  • Learn, use, and implement programming while maintaining analytical programs with limited direction.
  • Utilize data management and structure techniques with limited oversight.
  • Develop and enhance procedures, ensuring actuarial soundness.
  • Conduct experience and financial analysis to identify root causes and propose multiple solutions for actuarial problems.
  • Present completed work and implications to team members, internal clients, and leadership with guidance.
  • Stay current on actuarial techniques and seek development opportunities.

Requirements

  • Bachelor's Degree in Actuarial Science or a related area.
  • One year of actuarial experience, preferably with BCN/BCBSM or comparable experience.
  • Earned at least one course credit towards the FSA designation and be a member in good standing of the Actuarial Development Program.
  • Knowledge of standard actuarial methods and practices for complex analyses and calculations.
  • Strong analytical, verbal, and written communication skills.
  • Ability to apply planning and prioritization techniques.

Nice-to-haves

  • Pricing experience.
  • Dental & Vision experience.
  • BCBSM product knowledge or product knowledge at another company.
  • Excel, SQL, and coding experience.
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