Actuarial Analyst, Associate (Hybrid)

Company: Blue Shield of California
Location: Oakland
Posted on: November 25, 2022

Job Description:

Your Role

The Actuarial Provider Strategies (APS) team supports the program design, budget setting, and operations of Blue Shield of California's value-based care (VBC) payment models, which includes Accountable Care Organization (ACO) and other innovative, alternative payment models. The Actuarial Analyst, Consultant will report to the Senior Manager of Actuarial Provider Strategies ACO team. In this role you will be collaborating with various stakeholders to design and execute risk share payment strategies as well as configuration of various networks to enable and support Blue Shield's long-term strategic goals.

Your Work

In this role, you will:

Actively learn the core principles of decision analytics with knowledge of the analytic tools and techniques that are used to acquire and analyze data for reporting and decision making
Work as part of the team conducting financial analysis, evaluating the business and actuarial risks, collaborating with internal and external stakeholders, improving existing reporting and tools, producing timely analytic reports, and supporting ACO operations
Compile and categorize data, documenting and verifying the assumptions and factors used in computations such as those used in risk share financial target development, financial reconciliation, performance analysis, and savings estimates
Participate in the development and implementation of BSC's network and provider partnership strategies and assist the BSC leadership on mission critical decisions
Perform data exploration and conduct analysis using a combination of different program languages (including, but not limited SAS, SQL, Phyton, R) and data visualization tools (including, but not limited to Excel, Tableau)

Your Knowledge and Experience

Requires a bachelor's degree in mathematics, statistics, computer science or related discipline or equivalent business experience
Typically, has completed 1 to 2 courses towards the eventual attainment of the Associate, Society of Actuaries (ASA) designation
No previous professional actuarial experience required but typically has obtained broad theoretical job knowledge through advanced education%31403002%

Keywords: Blue Shield of California, Oakland , Actuarial Analyst, Associate (Hybrid), Professions , Oakland, California