Principal Actuary, Cost of Care

Job Description The Principal Actuary delivers a broad range of actuarial or analytical work for the company, such as conducting pricing and actuarial strategy for a business segment, evaluating advanced care management models, performing competitive benchmarking analysis, and conducting economic value evaluation of cost containment initiatives. They support the company strategy by providing sound, consistent, and actionable actuarial analysis and recommendations, and can identify and react to nuanced risks and opportunities. This particular role will focus on performance evaluations for both existing initiatives within the Cost of Care portfolio and newly proposed initiatives across several different subject areas including clinical, pharmacy, network, payment integrity, value-based care, and more. What You’ll Do 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, aud