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Job Details

Analyst Actuarial I Assoc

Company name
Blue Shield of California

Location
Costa Mesa, CA
24 hit(s)   |  1 times apply

Profile

Job Description:

Looking for a chance to do meaningful work that touches millions? Come join the hardest working, nonprofit health plan in California and help us shape the future of health care. Blue Shield of Californias Mission is to ensure all Californians have access to high-quality care at an affordable price. Blue Shield is focused on improving health care delivery by working closely with providers and making it more accessible, affordable and customer-centric. Being a mission-driven organization means we do much more than serve our 4 million members: we were the first health plan in the nation to limit our annual net income to 2 percent of revenue and return the difference to our customers and the community, and since 2005 we have contributed more than $325 million to the Blue Shield of California Foundation to improve community health and end domestic violence. We also believe that a healthier California begins with our employees, so we provide them with resources to develop and maintain a healthy lifestyle through our award-winning wellness program, Wellvolution.

We're hiring smart thinkers and doers who want to work for a leader and innovator in the challenging, ever-changing healthcare space. Come and help us make health care better for everyone. Provides Actuarial Dept with pricing support, calculating reserves, risk assessment/analysis, data reporting, financial forecasting/projections, creating filings and/or performing financial and risk analysis in changes to provider contracts in order to help BSC meet its goals of providing low-cost healthcare and meeting earnings objectives. Responsibilities: May perform a combination of the following depending on discipline/dept: - Conducts analysis pricing and risk assessment to estimate financial outcomes. - Produces timely various standard analytic reports for internal and/or external use. - Prepares schedules of statistics, financial statements, premiums, reserves and benefits, documenting and verifying the factors used in related computations. - Assists in the analysis of changes in provider reimbursement terms. Learns various actuarial techniques and procedures. - Compiles and categorizes data, documenting and verifying the factors used in computations such as those used in evaluating loss and expense reserves, preparing rate filings, schedules of statistics, premiums, benefits, and establishing rating and pricing levels. - Practices basic modeling, querying and analysis. - Applies basic mathematical and programming techniques in course of doing actuarial analyses under direct supervision of Manager.

Education/Requirements: Position requires BS degree in mathematics, statistics, computer science or related discipline and/or equivalent business experience. Typically has completed Course 1 (Exam P) towards the eventual attainment of the Associate, Society of Actuaries (ASA) designation Minimum Experience Level: No previous professional actuarial experience required.

External hires must pass a background check/drug screen. Qualified applicants with arrest records and/or conviction records will be considered for employment in a manner consistent with Federal, State and local laws, including but not limited to the San Francisco Fair Chance Ordinance. All qualified applicants will receive consideration for employment without regards to race, color, religion, sex, national origin, sexual orientation, gender identity, protected veteran status or disability status and any other classification protected by Federal, State and local laws.

Company Profile
Blue Shield of California, an independent member of the Blue Shield Association, is a nonprofit health plan dedicated to providing Californians with access to high-quality health care at an affordable price.As a nonprofit health plan, Blue Shield is guided by our mission and values, which encourage innovation and enable us to be a catalyst for constructive change. Our mission and values are embodied in our proposal to guarantee health coverage for all Californians, the first time a major health plan has called for universal coverage. See our 2015 Mission Report.

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