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Horizon Blue Cross Blue Shield of New Jersey

Horizon Blue Cross Blue Shield of New Jersey

Mgr, Actuarial II

Mgr, Actuarial II

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Job Details
""
Uploaded On
June 22, 2024
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Location
Newark, United States
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Remote?
No
Company Overview
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Headquarters
Newark, NJ
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Number of Employees
7500
Estimated Number of Actuaries
71
Salary
$
122
k-$
166
k
Glassdoor Ratings
""
Recommend to a Friend
50%
""
Overall Score
3.3 / 5

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Horizon BCBSNJ employees must live in New Jersey, New York, Pennsylvania, Connecticut or Delaware

Job Summary:
This is a mid-level manager position within the Actuarial department.Responsibilities:
  • Perform or support trend analysis.
  • Perform or support forecasting.
  • Collect and analyze data to use for financial and utilization reporting and monitoring (including IBNR).
  • Develop pricing models and support pricing requests which may include rate filings, benefit adjustment factors, fee schedule analysis, new product pricing, etc.
  • Accountable for maintaining effective internal controls over the processes and transactions under areas of responsibility including the completeness and accuracy of financial information and transactions, compliance with applicable laws and regulations, and the effectiveness and efficiency of operations.


Disclaimer:
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.
Education/Experience:
  • Bachelor's degree preferred, preferably within Mathematics, Statistics, Actuarial Sciences, or a related field, or relevant experience in lieu of degree.
  • Requires 7+ years of Actuarial and/or statistics experience and attainment of Associate level in the Society of Actuaries (ASA).
  • Prefers supervisory experience.


Additional licensing, certifications, registrations:
  • ASA required.

Knowledge:
  • Requires expert knowledge of Excel.
  • Prefers working knowledge of Access or other database application.
  • Experience with SAS or other programming language a plus.
  • Requires working knowledge of data analysis and Actuarial principles.

Skills and Abilities:
  • Requires strong oral and written communication skills.
  • Requires strong analytical thinking.
  • Requires strong mathematical skill and statistical analysis abilities.
  • Requires good judgment and problem solving skills.
  • Requires good managerial skills.
  • Requires good leadership skills.


Salary Range:
$121,800 - $166,215

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


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.
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Working at 

Horizon Blue Cross Blue Shield of New Jersey

Horizon Blue Cross Blue Shield of New Jersey, a leading health insurance provider, has been at the forefront of serving the health needs of New Jersey residents for over 90 years. As a not-for-profit health service corporation, Horizon BCBSNJ is committed to delivering quality health care products, services, and information. Their dedication to improving health outcomes, combined with a deep understanding of the local community, offers actuaries a unique opportunity to work on impactful projects, drive health innovations, and contribute to a healthier New Jersey.

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