Blue Cross and Blue Shield of North Carolina

Consulting Actuary - ACA Risk Adjustment

Full-time · Remote Flex - South Carolina
✓ Verified live on the employer's own system · added 13 days ago
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Senior · 9+ yrs exp

Requirements

Experience: 9+ years

Skills & tools

ManagementFinancial ReportingHiringTeam LeadershipRegulatory ComplianceFinancial AnalysisProgramming

Benefits — mentioned in this posting

Health, dental & visionWellness & perksFamily / parental leaveTuition / education
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Full job description

As a Consulting Actuary -ACA Risk Adjustment, you will play a pivotal role in delivering a wide array of actuarial and analytical services for our organization.

Responsibilities include leading pricing strategies and actuarial initiatives for business segments, evaluating advanced care management models, conducting competitive benchmarking analyses, and designing and pricing sophisticated insurance products. You will support company objectives by providing reliable, actionable actuarial insights and recommendations, proactively identifying and addressing complex risks and opportunities.

This position requires adaptability to the evolving landscape of the industry, ensuring our actuarial practices remain at the forefront of innovation and excellence.

- Accountable for completion of complex actuarial or analytical projects, ensuring timeliness, compliance, and quality of work

- Provide proactive and strategic thought leadership of ways to improve processes, reduce risks, and meet department and enterprise objectives to achieve profitable growth and/or improve value, quality, and access for Blue Cross NC customers

- Achieve segment financial targets and provide concise explanations of results and variances to expectations; act as a financial steward for the company

- Communicate effectively with all levels and divisions within the organization, including Divisional Leadership

- Manage external partnerships with vendors, auditors, regulators, and health care providers, including effective negotiation of contracts and/or rates

- Develop and maintain strong business relationships with internal partners through business expertise and exceptional support; act as a strategic advisor

- Meet continuing education standards required for job function, thought leadership and maintenance of actuarial credentials

- 7 years of relevant actuarial experience, related experience may be considered.

- In lieu of an FSA, will consider candidates who are an Associate of the Society of Actuaries (ASA) and have at least 9 years of relevant actuarial experience.

- Deep experience with ACA Risk Adjustment , including HHS-HCC model methodology, risk score forecasting, and financial impact analysis - Highly Preferred

- P roven expertise in ACA Risk Adjustment transfer forecasting and explanation of results to senior leadership - Highly Preferred

- Strong understanding of diagnosis coding (ICD-10-CM) , provider documentation practices, and their impact on risk adjustment outcomes.

- Advanced analytical skills to identify risk adjustment leakage, emerging risks, and optimization opportunities across ACA populations

- The opportunity to work at the cutting edge of health care delivery with a team that's deeply invested in the community.

- Work-life balance, flexibility, and the autonomy to do great work.

- Medical, dental, and vision coverage along with numerous health and wellness programs.

- Parental leave and support plus adoption and surrogacy assistance.

- Career development programs and tuition reimbursement for continued education.

Skills Actuarial Analysis, Actuarial Management, Actuarial Science, Actuarial Services, Affordable Care Act (ACA), Complex Care Management, Financial Reporting and Analysis, Hiring Management, Insurance Industry, Organizational Leadership, Regulatory Compliance _____________________________________________________________________

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This posting was published by Blue Cross and Blue Shield of North Carolina on their own careers system and is shown here with a direct link to apply there. Employers: for corrections or removal, contact jobs@veritahire.com.