Horizon Blue Cross Blue Shield of New Jersey is seeking a Manager, Actuarial III to lead actuarial studies and ensure long-term growth, profitability, and compliance with state mandates & regulations. The role requires partnership and cooperation with Sales, Underwriting, and Finance to achieve organizational goals.

Requirements

  • Monitor the financial performance of the large employer fully insured markets
  • Lead actuarial studies to refresh rating methodology and factors and manage the implementation of updates within the Stepwise rating engine
  • Monitor and evaluate discount metrics for the large employer self-insured markets, identifying data quality issues and developing strategies to improve performance and accuracy
  • Conduct pricing studies for new state mandates or other non-standard underwriting requests
  • Oversee Mental Health Parity testing & compliance
  • Forecast and manage performance guarantees for self-insured employers including the State Health Benefit Plan

Benefits

  • Comprehensive health benefits (Medical/Dental/Vision)
  • Retirement Plans
  • Generous PTO
  • Incentive Plans
  • Wellness Programs
  • Paid Volunteer Time Off
  • Tuition Reimbursement