Senior Actuarial Analyst

Reposted 9 Days Ago
Be an Early Applicant
Flowood, MS, USA
In-Office
Senior level
Insurance • Software
The Role
The Senior Actuarial Analyst develops pricing models, analyzes claim trends, prepares financial statements, and updates financial forecasts.
Summary Generated by Built In
Healthy Careers Start Here

Senior Actuarial Analyst

Be part of a vision for a healthier Mississippi as a Senior Actuarial Analyst.

At Blue Cross & Blue Shield of Mississippi, we’re not just about providing health insurance, we are creating a strong, supportive community which encourages every Mississippian to live their healthiest life. This mission requires a talented and motivated team with diverse sets of skills and experiences, aligned with the commitment of a healthy Mississippi.  By combining strong financial stewardship with a focus on the Health & Wellness of Mississippians, we invest in programs, partnerships, and innovations which drive quality care, lower costs, and healthier lives.

Join our team and start a meaningful career where your work supports better health outcomes for Mississippians every day.

We are seeking advanced level Actuarial Analyst experienced in leveraging advanced statistical modeling, data analytics and actuarial principles to assess financial risks and guide strategic decisions for our Company.  This Senior Actuarial Analyst independently leads a wide range of complex projects/tasks, such as evaluating pricing models, analyzing claims trends, completing claims triangles and reserve estimates, preparing financial statements, actuarial exhibits and forecast modeling.

What You’ll Do:

  • Conducts modeling and analysis of complex actuarial models for pricing, reserving, forecasting and predictive analytics.
  • Develops rating factor recommendations, taking laws into consideration based on the business line.
  • Examine information, such as claims, and provide detailed analysis of metrics and trend data reporting with benchmarks.
  • Prepares financial statements and actuarial exhibits for financial reporting purposes.
  • Reviews and revises financial forecast models and assumptions.

Job-Specific Requirements:

  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics or another related field.
  • Four or more years of experience in the actuarial field.
  • Proficiency using Microsoft Word and Excel.
  • SOA exams passed equivalency = (Years of experience in actuarial field) + (number of SOA exams passed) = ≥ 10
  • Ability to distill complex ideas when documenting actuarial assumptions, methodologies and findings as well as authoring executive summaries.
  • Confident speaker with the ability to listen deeply, articulate ideas clearly adapting to different audiences, and maintain clarity under pressure. 

Preferred include:

  • Working knowledge of databases, SAS and/or SQL.

Why Join Us

  • Purpose-Driven Work: Make a meaningful impact on the Health & Wellness of our Members.
  • Learning & Development: Build foundational knowledge in finance and investment accounting.  
  • Career Growth: Clear pathways to grow your career where your skills flourish, including Treasury, Financial Reporting, Accounting Operations, Internal Audit, etc.
  • Healthy Culture: Work in an environment with a focus on your health which allows you to thrive. The walking track, onsite gym and café are just a few of the highlights of the campus. 
  • Compensation & Benefits: We offer a highly competitive compensation package that includes medical benefits, 401(k), ample paid time off and a schedule that supports true work/life balance

How to Apply and the Process:

  • Set up a Workday account and complete your application process.
  • Attach a copy of a resume and cover letter.
  • Check your email for updates.
  • Processes may include phone screen, testing, in-person interview (s), background and drug testing.

Blue Cross & Blue Shield of Mississippi is an Equal opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

It’s good to be Blue!

Blue Cross & Blue Shield of Mississippi is an Equal opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

We offer a comprehensive benefits package that is worth approximately one-third of the salary compensation. Our benefits program is among the best in the health care field. We are looking for employees who can bring their experience, expertise and dedication to work for our customers.

Skills Required

  • Four years of experience in the actuarial field
  • Working knowledge of databases, SAS, and/or SQL
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The Company
HQ: Flowood, Mississippi
350 Employees

What We Do

At Blue Cross & Blue Shield of Mississippi, we work daily to help Mississippians find their personal answers to this question through health and wellness partnerships with quality healthcare providers, employer groups and community leaders across the state. Our goal is to help each person along their journey to a healthier life… their Blue Wellness Journey. Our health and wellness benefits are designed to support our members in understanding their health and in receiving the care they need at the right time and place, beginning with establishing a healthy relationship with a Primary Care Network Provider through an annual wellness visit at no out-of-pocket cost. We partner with our Network Providers to ensure the highest quality, evidence-based care is provided in each care setting from primary care to specialty care through our Primary Care Home, Blue Distinction+ Centers of Excellence and Maternity Care Quality initiatives. We partner with employer groups to make every workplace a healthy workplace by providing tools and information to help employees take ownership of their health and understand and make the most of their benefits, all while working to manage health and healthcare costs. We partner with community leaders and organizations to make healthy living resources available to all Mississippians through the work of the Blue Cross & Blue Shield of Mississippi Foundation, our support of the arts and culture and our Team Blue volunteers. These partnerships and our dedicated team of employees are making a difference every day, in our communities and in the lives of each person we reach. So, what does it mean to be healthy? The answer is about you, your health, your life… and all its possibilities. Live healthy. Live Blue.

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