Actuarial Analyst II/III

This role will use actuarial models to ensure Blue Cross of Idaho meets profitability and membership goals by setting claim liabilities, developing rates and rate factors. Perform experience analysis for blocks of business, and establishing financial projections.

This Actuarial Analyst position will report to the Manager Actuarial services and interacts with various Blue Cross of Idaho departments.

We're looking for an Actuarial Analyst with:

Actuarial Analyst II:

• Two years of actuarial experience and two courses towards the Actuarial Student Program (ASA) designation; or
• Four years of actuarial experience

Actuarial Analyst III:

• Four years actuarial experience and four courses towards the Actuarial Student Program (ASA) designation; or
• Ten years actuarial experience

Required Education: Bachelor's Degree; or equivalent work experience (Two years' relevant work experience is equivalent to one-year college)

Licenses/Certifications: Must be pursuing designation of ASA in the Society of Actuaries with a minimum completion of three exams

• Set claim liabilities.
• Develop rates and rate factors.
• Perform experience analysis.
• Establish financial projections.
• Analyze claim costs and premium factors.
• Evaluate potential savings from claim reduction initiatives.
• Monitor and measures actual results.

Your day may look like:

• Perform corporate reserving and forecasting
• Develop new perspectives and approaches to problems.
• Provide measurable input into new products, processes, standards and/or operational plans that will have some impact on the achievement of overall function results

Reasonable accommodations

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.