Actuarial Analyst II

Horizon Blue Cross Blue Shield of New Jersey empowers our members to achieve their best health. For over 90 years, we have been New Jersey's health solutions leader driving innovations that improve health care quality, affordability, and member experience. Our members are our neighbors, our friends, and our families. It is this understanding that drives us to better serve and care for the 3.5 million people who place their trust in us. We pride ourselves on our best-in-class employees and strive to maintain an innovative and inclusive environment that allows them to thrive. When our employees bring their best and succeed, the Company succeeds.

About the Role

What You'll Do

• Assist in developing premium rates for Individual and Small Group business.

• Support the preparation and submission of premium rate filings to state and federal regulators.

• Evaluate proposed benefit and costsharing changes. Conduct pricing analyses and studies for Individual and Small Group segments.

• Assess the impact of proposed state and federal legislative changes.

• Perform Mental Health Parity compliance assessments.

• Provide support on additional actuarial projects as requested.

• Collaborate with internal teams and evaluate input received from crossdepartmental partners.

• Prepare and present reports with clear explanations and insights for managers and directors.

• Conduct experience studies and drilldown analyses to identify key cost drivers and trends.

• Complete adhoc modeling and analytical projects.

What You Bring

Education/Experience:

• Requires a Bachelors degree, 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.

Additional licensing, certifications, registrations:

• Working towards an ASA highly preferred.

Knowledge:

• Proficiency in Microsoft Excel required.

• Experience with SAS, SQL, R, or similar programming languages preferred.

• Working knowledge of data analysis and actuarial principles preferred.

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.

Why Horizon?

At Horizon, you'll do meaningful work that directly improves lives-while being supported by a missiondriven organization that values expertise, collaboration, and growth. We believe that when our people thrive, our communities do too. If you are passionate about making an impact, we'd love to hear from you!

Salary Range:

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

Disclaimer:

Horizon BCBSNJ employees must live in New Jersey, New York, Pennsylvania, Connecticut or Delaware. This job summary has been designed to indicate the general nature and level of work performed by colleagues within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of colleagues assigned to this job.

Horizon Blue Cross Blue Shield of New Jersey is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, protected veteran status or status as an individual with a disability and any other protected class as required by federal, state or local law. Horizon will consider reasonable accommodation requests as part of the recruiting and hiring process.