Horizon Blue Cross & Blue Shield

Actuarial Analyst II

US-AnywhereRemote in Newark, NJ
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Mathematics, Statistics, Actuarial Sciences, or related field.
  • 2+ years of experience in actuarial and/or statistics.
  • Associate level achieved in the Society of Actuaries (ASA) is preferred.
  • Proficiency in Excel required; experience with SAS or programming languages is preferred.
  • Solid understanding of data analysis and Actuarial principles preferred.

Responsibilities

  • Analyze actuarial data across ACA, Medicare Advantage, and Medicaid.
  • Project CMS-HCC and HHS-HCC risk scores and assess financial impacts.
  • Conduct data analytics and reporting for risk adjustment operations.
  • Evaluate financial metrics to improve risk adjustment performance.
  • Gather and analyze data for financial and utilization reporting.
  • Aid in pricing and forecasting efforts, including ACA and MA Bid submissions.

Benefits

  • Comprehensive health benefits (Medical/Dental/Vision)
  • Retirement Plans
  • Generous PTO
  • Incentive Plans
  • Wellness Programs
  • Paid Volunteer Time Off
  • Tuition Reimbursement
Full Job Description
About the Role

This role supports actuarial and data analytics for risk-adjusted business across ACA, Medicare Advantage, and Medicaid. Responsibilities include analyzing risk scores, financial impacts, and performance metrics, as well as developing insights to guide risk adjustment strategy, reporting, and pricing/forecasting efforts. The position requires strong analytical skills and the ability to translate data into actionable business recommendations.

What You'll Do

  • Perform or support actuarial analytics on risk adjustable lines of business, including ACA, Medicare Advantage, and Medicaid.
  • Perform or support CMS-HCC and HHS-HCC risk score projections, including RATP, MA MYRA/FYRA accruals, and RADV financial impacts.
  • Perform or support data analytics and reporting to inform risk adjustment operations, strategy, submissions, and vendor performance.
  • Perform or support financial metrics pertaining to risk adjustment performance, including but not limited to intervention ROI.
  • Collect and analyze data to use for financial and utilization reporting and monitoring.
  • Support pricing and forecast efforts, including ACA pricing and MA Bid submissions.


What You Bring

Education/Experience:
  • Bachelors degree is required, preferably within Mathematics, Statistics, Actuarial Sciences or a related field from an accredited college or university.
  • Requires 2+ years of actuarial and/or statistics experience or attainment of Associate level in the Society of Actuaries (ASA).


Additional licensing, certifications, registrations:
  • ASA candidate a plus.


Knowledge:
  • Requires working knowledge of Excel.
  • Prefers experience with SAS or other programming language.
  • Prefers knowledge of data analysis and Actuarial principles.


Skills and Abilities:
  • Requires good oral and written communication skills.
  • Requires strong analytical thinking.
  • Requires strong mathematical skill and statistical analysis abilities.
  • Requires good judgment and problem solving skills.


Salary Range:
$79,100 - $105,945

This compensation range is specific to the job level and takes into account the wide range of factors that are considered in making compensation decisions, including but not limited to: education, experience, licensure, certifications, geographic location, and internal equity. This range has been created in good faith based on information known to Horizon at the time of posting. Compensation decisions are dependent on the circumstances of each case. Horizon also provides a comprehensive compensation and benefits package which includes:
  • Comprehensive health benefits (Medical/Dental/Vision)
  • Retirement Plans
  • Generous PTO
  • Incentive Plans
  • Wellness Programs
  • Paid Volunteer Time Off
  • Tuition Reimbursement

About Horizon Blue Cross & Blue Shield

Horizon Blue Cross Blue Shield of New Jersey is a health insurance company that provides coverage to individuals and businesses in New Jersey. The company offers a variety of health plans, including HMO, PPO, and EPO plans, as well as Medicare and Medicaid plans. Horizon BCBSNJ also provides wellness programs and resources to help members manage their health. The company is committed to improving the health of the communities it serves and has partnered with local organizations to address health disparities and promote healthy living.
Learn more about Horizon Blue Cross & Blue Shield
Size
5,500 employees
Industry

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