Senior Actuary

This job was posted by : For more information, please see: **Are you ready to make a difference? Choose to work for one of the most trusted companies in Kansas.** You Belong At Blue Why Join Us?** **Make a Positive Impact:** Your work will directly contribute to the health and well-being of Kansans. **Family** **Comes First**: Total rewards package that promotes the idea of family first for all employees. Paid vacation and sick leave with paid maternity and paternity available immediately upon hire **Professional Growth Opportunities:** Advance your career with ongoing training and development programs. **Dynamic Work Environment:** Collaborate with a team of passionate and driven individuals in a work environment that promotes flexibility. **Trust and Stability:** Work for one of the most trusted companies in Kansas with over 80 years of commitment, compassion and community. **Inclusive Work Environment:** We pride ourselves on fostering a workplace where everyone is valued and respected. **Benefits & Perks** Base compensation is only one component of your competitive Total Rewards package Incentive pay program (EPIP) Health/Vision/Dental insurance 6 weeks paid parental leave for new mothers and fathers Fertility/Adoption assistance 2 weeks paid caregiver leave 401(k) plan matching up to 5% Tuition reimbursement Health & fitness benefits, discounts and resources **Job Summary** The Actuary will play a critical role in connecting pricing and trend analysis expertise with actuarial principles to support health plan pricing, forecasting, and strategic decision-making. This position leads actuarial efforts related to MA Part C and D bids, profitability analysis, and financial modeling, while providing insights and reporting to senior leadership and cross-functional stakeholders. \"This position is eligible to work remotely, hybrid or onsite in accordance with our Telecommuting Policy.\" **What you\'ll do** Serve as the actuarial liaison with external consultants for Medicare Advantage Part C and D bid development. Conduct profitability and forecasting analyses for Medicare Advantage plans, including cohort-level insights. Translate actuarial findings into actionable business insights to support budgeting, planning, and strategy. Perform ad-hoc analyses related to Star ratings, benefit changes, and regulatory impacts. Communicate forecast variances and key drivers to senior leadership. Monitor trends and regulatory developments across Medicare Advantage, PDP, and Medigap markets. Provide strategic input on product development, pricing variables, and market positioning. Participate in cross-functional workgroups focused on the strategy and performance of the over-65 product portfolio. Support actuarial exhibits for regulatory filings and validate system/database changes impacting actuarial research. **What you need** **Education and Experience** Bachelor\'s degree in Actuarial Science, Mathematics, Statistics, Finance, Economics, or a related field is required. Associateship or Fellowship designation in the Society of Actuaries (SOA) and membership in the American Academy of Actuaries (AAA) required. Minimum of 6 years of actuarial experience with pricing, forecasting, trend analysis, risk management, strategic planning, and/or program evaluation is required. Experience with building and evaluating new actuarial models, project management, communication with senior leadership, and tracking actual to expected outcomes required. **Knowledge/Skills/Abilities** In-depth knowledge of Medicare Advantage pricing, regulations, and market dynamics. Proficiency in Excel, SQL, Python, R, Tableau, and/or Power BI, with experience in advanced actuarial modeling, data analysis, and visualization. Knowledge of rating and underwriting regulations across multiple states as well as an understanding of health insurance marketing, sales strategies, and customer segmentation. Ability to develop adaptable models for rates, reserves, and projections in a dynamic environment. Lead and influence cross-functional teams to define metrics, validate assumptions, and ensure alignment with enterprise goals. Present findings and recommendations to senior leadership, translating complex actuarial insights into actionable strategies. Effective communication skills with the ability to explain technical concepts to non-technical audiences. Mentor junior actuarial staff and contribute to knowledge sharing across the actuarial team. **Compensation** **\$116,000 - \$145,000** **Exempt Grade 18** Blue Cross and Blue Shield of Kansas off #J-18808-Ljbffr