Advanced Analytics Analyst I

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Be an Early Applicant
Boston, MA, USA
In-Office
67K-82K Annually
Junior
Healthtech
The Role
Participate in the Actuarial Leadership Development program to analyze healthcare cost drivers using enterprise data. Build models and visualizations, evaluate financial performance and provider payment structures, and deliver recommendations to business partners to inform strategy and improve care affordability and quality.
Summary Generated by Built In
Ready to help us transform healthcare? Bring your true colors to blue. 

What we need:

Blue Cross Blue Shield of Massachusetts (BCBSMA) seeks an Actuarial Advanced Analyst I to join the Actuarial Leadership Development program. ALDP Participants focus on informing corporate strategy in critical areas including competitiveness, affordability, profitability, provider payment reform and health care policy.

 

Your Day to Day

Work with a rich dataset and a robust well-established Enterprise Data Warehouse to identify emerging drivers of health care trend and cost, market pressures, and profitability Design compelling visualizations and build innovative models to influence and analyze new products, provider payment structures, and health care delivery mechanisms that will lower cost and improve the quality of care provided to our members Lead and/or assist the development of recommendations to various departments and business partners Lead and/or assist in development of processes/analyses to determine financial performance or evaluate cost/benefit, working to ensure consistent representation across the entire business Participate in determining objectives of significant projects or assignments

This document is not an exhaustive list of all responsibilities, skills, duties, requirements, or working conditions associated with the job. Employees may be required to perform other job-related duties.

We’re Looking for:

  • Bachelor's degree required. Math, Business, Healthcare or related field strongly preferred
  • A minimum of 1 completed actuarial exam required
  • 0-2 years of experience preferably in healthcare or related industry
  • 0-2 years’ experience in data analysis/extraction/manipulation using tools like SAS, SQL, R, Python, etc.
  • 0-2 years’ experience developing data visualization in tools such as Tableau and analytic automation (scripting, macros) strongly preferred

 

What You Bring:

  • Ability to communicate (written & verbal) and collaborate with various business partners, including clinical and technical and non-technical staff required
  • Proven ability to constantly innovate
  • Commitment to participate in the Actuarial Leadership Development Program and obtain FSA designation

 

 

What You’ll Gain:

  • Experience as an actuarial analyst through participation in our rotational development program, designed to ensure all program members are exposed to a wide range of actuarial positions
  • The ability to enhance technical skills such as Python and Tableau through offerings in collaboration with our Data & Analytics community
  • A robust support network through the Actuarial Leadership Development Program – exam support through both study time and study materials, access to career planning tools, leadership development training, and more!

Minimum Education Requirements:

High school degree or equivalent required unless otherwise noted above

LocationBostonTime TypeFull time

Salary Range: $66,870.00 - $81,730.00


The job posting range is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting.  We may ultimately pay more or less than the posted range, and the range may be modified in the future.  An employee’s pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, performance, shift, travel requirements, sales or revenue-based metrics, and business or organizational needs and affordability.

This job is also eligible for variable pay.

We offer comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), and a suite of well-being benefits to eligible employees.

Note:  No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.

WHY Blue Cross Blue Shield of MA?

We understand that the confidence gap and imposter syndrome can  prevent  amazing candidates coming our way, so please don’t hesitate to apply. We’d love to hear from you. You might be just what we need for this role or possibly another one at Blue Cross Blue Shield of MA. The more voices we have represented and amplified in our business, the more we will all thrive, contribute, and be brilliant. We encourage you to bring us your true colors, , your perspectives, and your experiences. It’s in our differences that we will remain relentless in our pursuit to transform healthcare for ALL.

As an employer, we are committed to investing in your development and providing the necessary resources to enable your success. Learn how we are dedicated to creating an inclusive and rewarding workplace that promotes excellence and provides opportunities for employees to forge their unique career path by visiting our Company Culture page. If this sounds like something you’d like to be a part of, we’d love to hear from you. You can also join our Talent Community to stay “in the know” on all things Blue.

At Blue Cross Blue Shield of Massachusetts, we believe in wellness and that work/life balance is a key part of associate wellbeing. For more information on how we work and support that work/life balance visit our "How We Work" Page.

Skills Required

  • Bachelor's degree (Math, Business, Healthcare or related)
  • Minimum of 1 completed actuarial exam
  • 0-2 years of experience (preferably in healthcare or related industry)
  • 0-2 years experience in data analysis/extraction/manipulation using tools like SAS, SQL, R, Python
  • Experience developing data visualizations (Tableau) and analytic automation (scripting, macros)
  • Ability to communicate (written & verbal) and collaborate with clinical, technical, and non-technical staff
  • Commitment to participate in the Actuarial Leadership Development Program and obtain FSA designation

Blue Cross Blue Shield of Massachusetts Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Blue Cross Blue Shield of Massachusetts and has not been reviewed or approved by Blue Cross Blue Shield of Massachusetts.

  • Healthcare Strength Healthcare coverage is positioned as a standout, with strong medical/dental/vision options and added mental-health tools. Wellness centers and company-funded health accounts further strengthen the overall health offering.
  • Retirement Support Retirement benefits are framed as robust, with a 401(k) that includes both company contributions and a match. Added financial-wellness supports like 1:1 CFP coaching and student-loan repayment contribute to the broader rewards package.
  • Wellbeing & Lifestyle Benefits Wellbeing benefits appear notably broad, including wellness reimbursements and subsidies (e.g., fitness and ergonomic support). Backup care and discount programs add lifestyle value beyond core insurance.

Blue Cross Blue Shield of Massachusetts Insights

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The Company
HQ: Boston, MA
3,932 Employees
Year Founded: 1932

What We Do

Blue Cross Blue Shield of Massachusetts is a community-focused, tax-paying, not-for-profit health plan headquartered in Boston. We have been a market leader for over 80 years, and are consistently ranked among the nation's best health plans. Our daily efforts are dedicated to effectively serving our 3 million members, and consistently offering security, stability, and peace of mind to both our members and associates. As an employer, we are committed to investing in your development and providing the necessary resources to enable your success. We are dedicated to creating an inclusive and rewarding workplace that promotes excellence and provides opportunities for employees to forge their unique career path. We take pride in our diverse, community-centric, wellness-focused culture and believe every member of our team deserves to enjoy a positive work-life balance. Blue Cross Blue Shield of Massachusetts is an Independent Licensee of the Blue Cross and Blue Shield Association. Blue Cross Blue Shield of Massachusetts complies with applicable federal civil rights laws and does not discriminate on the basis of race, color, national origin, age, disability, sex, sexual orientation or gender identity. ATTENTION: If you don’t speak English, language assistance services, free of charge, are available to you. Call Member Services at the number on your ID Card (TTY: 711). ATENCIÓN: Si habla español, tiene a su disposición servicios gratuitos de asistencia con el idioma. Llame al número de Servicio al Cliente que figura en su tarjeta de identificación (TTY: 711). ATENÇÃO: Se fala português, são-lhe disponibilizados gratuitamente serviços de assistência de idiomas. Telefone para os Serviços aos Membros, através do número no seu cartão ID (TTY: 711

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