Actuarial Analyst, Senior

1 day ago


Oakland, California, United States Blue Shield of California Full time
Job Summary

We are seeking a highly skilled Senior Actuarial Analyst to join our Network and Provider Analytics team at Blue Shield of California. In this role, you will play a critical part in driving the development of an affordable provider network through data analytics and expertise.

Key Responsibilities
  • Perform financial analyses and modeling for CalPERS provider contracting support, including term changes, renewals, network changes, and terminations for hospitals, ambulatory surgery centers, and other types of providers.
  • Conduct and develop analysis, assess risk and population risk scores and assignment, develop pricing and trends, assess changes in benefit designs, develop reserves, perform forecasting, analyze provider reimbursement terms, and/or evaluate actuarial risk-related analysis.
  • Coordinate, prepare, perform, and audit actuarial analyses to assist in the development of complex actuarial formulations leading to the recommendation of pricing, trending, reserving, provider reimbursement, and/or risk assessment strategies.
  • Perform data exploration using a combination of statistical programming languages, including R, Python, SQL, and SAS, and deploy predictive analytics and machine learning techniques to improve risk prediction, improve reserve, trend, and financial forecasting in a manner that is actuarially sound, and enable real-time results and operational efficiencies.
  • Develop evaluation and financial reporting standards for internal and external reports.
  • Conduct independent analysis of high complexity under moderate supervision and guidance, develop novel analyses and reports, develop documentation, and create and execute workplans for analyses of high complexity.
  • Create financial unit cost trend reporting and rate calculations under moderate supervision using Excel modeling tools.
  • Run and maintain SAS queries to gather data required for complex financial analysis.
  • Reprice historical data against provider contract terms based on a deep understanding of contract structure and configuration.
  • Analyze CalPERS PPO contract rate proposals from hospitals and ambulatory surgery centers to assess the financial and trend impact.
  • Partner with the network management department in maintaining and developing the CalPERS PPO provider network and contracting strategy.
Requirements
  • Requires a bachelor's degree with at least a minor in mathematics, statistics, computer science, or equivalent business experience.
  • Requires a minimum of 3 years of professional actuarial experience.
  • Requires 2 years of experience in Health Care (managed care, academic, or government payer).
  • Requires experience analyzing healthcare claims data, trends, and forecasting.
  • Requires proficiency in Excel and comfort working with large data sets.
  • Knowledge of SAS is preferred.
Pay Range

The pay range for this role is: $99,000.00 to $148,500.00 for California.

Please note that this range represents the pay range for this and many other positions at Blue Shield that fall into this pay grade. Blue Shield salaries are based on a variety of factors, including the candidate's experience, location (California, Bay area, or outside California), and current employee salaries for similar roles.



  • Oakland, California, United States Blue Shield of California Full time

    Your RoleThe Actuarial Pricing team at Blue Shield of California is responsible for forecasting costs and revenues to ensure the financial stability of the company. As an Actuarial Analyst, Principal, you will report to the Senior Director, Select, ASO & Specialty Pricing. In this role, you will be responsible for all Actuarial support for the CalPERS PPO...


  • Oakland, California, United States Blue Shield of California Full time

    {"title": "Senior Actuarial Analyst", "content": "About the RoleThe Network and Provider Analytics team at Blue Shield of California drives the development of an affordable provider network through data analytics and expertise. As a Senior Actuarial Analyst, you will report to the Senior Manager and perform financial analyses and modeling for CalPERS...


  • Oakland, California, United States Blue Shield of California Full time

    About the RoleWe are seeking a highly skilled Senior Actuarial Analyst to join our Network and Provider Analytics team at Blue Shield of California. As a key member of our team, you will play a critical role in driving the development of an affordable provider network through data analytics and expertise.Key ResponsibilitiesPerform financial analyses and...


  • Oakland, California, United States Blue Shield of California Full time

    About the RoleThe Actuarial Analyst - Senior will play a key role in supporting the design and analytical operations of Blue Shield of California's value-based strategy. As a member of the Actuarial Provider Strategies team, you will work closely with colleagues from various backgrounds and roles within the company to drive cost of healthcare savings and...


  • Oakland, California, United States Blue Shield of California Full time

    Your RoleThe Actuarial Pricing team at Blue Shield of California is responsible for forecasting costs and revenues to ensure the financial stability of the company. As an Actuarial Analyst, Principal, you will report to the Senior Director, Select, ASO & Specialty Pricing. In this role, you will be responsible for all Actuarial support for the CalPERS PPO...


  • Oakland, California, United States Blue Shield Of California Full time

    Your RoleThe Actuarial Pricing team at Blue Shield of California is responsible for forecasting costs and revenues to ensure the financial stability of the company. As an Actuarial Analyst, Principal, you will report to the Senior Director, Select, ASO & Specialty Pricing. In this role, you will be responsible for all Actuarial support for the CalPERS PPO...

  • Actuarial Analyst

    3 weeks ago


    Oakland, California, United States Blue Shield of California Full time

    About the Role The Large Group Pricing team at Blue Shield of California is seeking an experienced Actuarial Analyst to join their team. In this role, you will be responsible for applying your analytical skills to project future costs and premiums for Large Group customers. Your Responsibilities Develop and maintain complex actuarial models to forecast...


  • Oakland, California, United States Blue Shield of California Full time

    About the RoleThe Actuarial Provider Strategies team at Blue Shield of California is seeking a highly skilled Senior Actuarial Analyst to join their team. In this role, you will play a key part in designing and implementing value-based care (VBC) payment models, including Accountable Care Organizations (ACOs) and other innovative alternative payment models...

  • Actuarial Strategist

    1 month ago


    Oakland, California, United States Blue Shield of California Full time

    {"title": "Actuarial Analyst - Senior", "description": "About the RoleThe Actuarial Provider Strategies team at Blue Shield of California supports the design and analytical operations of our value-based strategy. As an Actuarial Analyst - Senior, you will report to the Principal Analyst on Actuarial Provider Strategies and work closely with colleagues from...

  • Actuarial Analyst

    2 days ago


    Oakland, California, United States Blue Shield of California Full time

    About the RoleThe Actuarial Analyst, Experienced will play a key role in the Actuarial Pricing team at Blue Shield of California. This team is responsible for forecasting costs and revenues to ensure the financial stability of the company.Key ResponsibilitiesProvide actuarial support for the CalPERS PPO product, including elements of forecasting, pricing,...


  • Oakland, California, United States Blue Shield of California Full time

    Your RoleAs an Actuarial Analyst, you will play a critical role in driving business growth and profitability at Blue Shield of California. You will be responsible for developing and implementing actuarial models that inform pricing, reserving, and risk assessment strategies.Your ResponsibilitiesDevelop and maintain actuarial models that quantify financial...


  • Oakland, California, United States Blue Shield of California Full time

    About the RoleThe Large Group Pricing team at Blue Shield of California is seeking an experienced Actuarial Analyst to join our team. As a key member of our team, you will be responsible for applying your analytical skills to project future costs and premiums for our Large Group Health Insurance products.Key ResponsibilitiesApply advanced analytical...


  • Oakland, California, United States Blue Shield of California Full time

    Your RoleAs a key member of the Actuarial Pricing team at Blue Shield of California, you will play a critical role in ensuring the financial stability of the company. Reporting to the Senior Director, Select, ASO & Specialty Pricing, you will be responsible for providing actuarial support for the CalPERS PPO product.Your ResponsibilitiesDevelop and maintain...

  • Actuarial Analyst

    1 day ago


    Oakland, California, United States Blue Shield of California Full time

    Your RoleThe Large Group Pricing team at Blue Shield of California is responsible for pricing and forecasting our Large Group Health Insurance products. As an Experienced Actuarial Analyst, you will report to the Manager and apply your analytical toolset to project the future costs and premiums for Large Group customers, as well as additional analysis and...


  • Oakland, California, United States Kaiser Permanente Full time

    Job Summary:This is a remote position that requires candidates to reside within the states where Kaiser Permanente operates. The successful candidate will be responsible for Medicaid capitation rate analyses, financial forecasting, and data analytics.Key Responsibilities:Conduct actuarial research and analysis to support financial risk assessments and...


  • Oakland, California, United States Kaiser Permanente Full time

    Job Summary:This is a remote position that requires candidates to reside within specific states. The successful candidate will be responsible for Medicaid capitation rate analyses, financial forecasting, and data analytics.Key Responsibilities:Conduct actuarial research and analysis to support financial risk assessments and opportunity identification.Support...

  • Actuarial Analyst

    3 days ago


    Oakland, California, United States Blue Shield of California Full time

    Your RoleThe Large Group Pricing team at Blue Shield of California is responsible for pricing and forecasting our Large Group Health Insurance products. As an Experienced Actuarial Analyst, you will report to the Manager and apply your analytical skills to project future costs and premiums for Large Group customers.Your WorkIn this role, you will:Develop and...

  • Actuarial Analyst II

    3 weeks ago


    Oakland, California, United States Kaiser Permanente Full time

    Job Summary:This role is responsible for providing support in researching and determining the likelihood of financial risk to the organization, reviewing actuarial documentation for accuracy, and supporting product line evaluation and actuarial modeling. The ideal candidate will have a strong understanding of actuarial principles and practices, as well as...

  • Actuarial Analyst I

    1 week ago


    Oakland, California, United States Kaiser Permanente Full time

    Job Summary:This role is responsible for assisting in researching and determining the likelihood of financial risk to the organization, supporting actuarial documentation, product line evaluation, and actuarial modeling, and assisting in financial risk and opportunity analyses.Key Responsibilities:Pursue self-development and effective relationships with...

  • Actuarial Analyst I

    2 weeks ago


    Oakland, California, United States Kaiser Permanente Full time

    Job Summary:This role is responsible for assisting in the analysis of financial risks and opportunities, supporting actuarial documentation, product line evaluations, and actuarial modeling. The ideal candidate will have a strong understanding of actuarial methods and be able to apply them to real-world scenarios.Key Responsibilities:Pursue self-development...