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Actuarial Analyst, Sr. Principal

Blue Shield of CA
United States, Connecticut, Hartford
Jan 22, 2025

Your Role

The Sr. Principal Actuarial Analyst for our Medi-Cal team is responsible for overseeing rate development & rate analysis, Medi-Cal program analysis, experience reporting, and Medi-Cal program strategy. This position requires directly managing 1 actuarial analyst and partnering with Senior Leadership and cross-functional teams to drive successful strategy and analytics. This role will report directly to the Senior Director of Medicare Finance & CFO Promise Health Plan. Our leadership model is about developing great leaders at all levels and creating opportunities for our people to grow - personally, professionally, and financially. We are looking for leaders that are energized by creative and critical thinking, building and sustaining high-performing teams, getting results the right way, and fostering continuous learning.

Your Knowledge and Experience




  • Requires a college degree in mathematics, statistics, computer science or equivalent business experience
  • Requires 10 years of professional health actuarial experience.
  • Requires a minimum of 5 years of experience in health actuarial pricing
  • Requires an ASA
  • Requires expertise in the California Medi-Cal program, from either the carrier or consultant side
  • Requires experience in rate development, rate analysis, and performance evaluation of a health plan
  • Requires extensive knowledge of job area (including health plan operations) and regulations obtained through professional experience and advanced education
  • Requires a mastery level knowledge within the Actuarial job area and may have deeper knowledge of project management
  • Requires a high proficiency in applied statistics skills, such as distributions, statistical testing, and regression
  • Requires the ability to program in SQL, SAS and/or Tableau, and experience with common data science toolkits such as R and Python



Pay Range:

The pay range for this role is: $176600.00 to $264900.00 for California.

The pay range for this role is $160500.00 to $240800.00 for outside of California

Note:

Please note that this range represents the pay range for this and many other positions at Blue Shield that fall into this pay grade. Blue Shield salaries are based on a variety of factors, including the candidate's experience, location (California, Bay area, or outside California), and current employee salaries for similar roles.

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