9 Actuarial Analyst, Experienced Jobs in Oakland, CA
BlueShield Of California is Hiring an Actuarial Analyst, Experienced Near Oakland, CA
Job Details
Your Work
In this role, you will:
- Be responsible for analytic work required to convert 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
- Build and update models that allow the actuarial team to quantify financial gaps and opportunities at a provider level
- 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
- Perform data exploration using a combination of statistical programming languages (including, but not limited R, Python, SQL, SAS) and deploy predictive analytics and machine learning techniques to improve risk prediction, improve reserve, trend and financial forecasting in a manner that is actuarially sound, and enable real-time results and operational efficiencies
Your Knowledge and Experience
- Requires a bachelor's degree with at least a minor in mathematics, statistics, computer science or equivalent business experience
- Requires at least 2 years of professional actuarial experience
- Experience with pricing or network/contractual analysis is required
The pay range for this role is: $ 79750.00 to $ 111650.00 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.
Job Summary
Full Time
$111k-136k (estimate)
06/27/2024
08/26/2024
The job skills required for Actuarial Analyst, Experienced include Actuarial, Analysis, Pricing, Forecasting, SAS, Computer Science, etc. Having related job skills and expertise will give you an advantage when applying to be an Actuarial Analyst, Experienced. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Actuarial Analyst, Experienced. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Actuarial Analyst, Experienced positions, which can be used as a reference in future career path planning. As an Actuarial Analyst, Experienced, it can be promoted into senior positions as an Actuary IV that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Actuarial Analyst, Experienced. You can explore the career advancement for an Actuarial Analyst, Experienced below and select your interested title to get hiring information.
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Analysts are often also responsible for the monthly, quarterly, and annual reporting processes that need to be completed by the actuarial departments.
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They use statistical models to analyze data and assess risk.
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Career tips from people on Actuarial Analyst jobs
Many actuaries earn an actuarial science degree, but some pursue other analytical majors, such as mathematics or statistics.
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Entry-level positions for Risk Analysts typically require.
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Pass at least one actuarial exam.
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