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Horizon Blue Cross Blue Shield of New JerseyHJ

Mgr, Actuarial III

Horizon Blue Cross Blue Shield of New Jersey is the leading health insurer in New Jersey, providing comprehensive health insurance solutions to millions since 1932.

Horizon Blue Cross Blue Shield of New Jersey

Employee count: 5000+

Salary: 138k-189k USD

United States only

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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

About the job

Apply before

Posted on

Job type

Full Time

Experience level

Salary

Salary: 138k-189k USD

Location requirements

Hiring timezones

United States +/- 0 hours

About Horizon Blue Cross Blue Shield of New Jersey

Learn more about Horizon Blue Cross Blue Shield of New Jersey and their company culture.

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Horizon Blue Cross Blue Shield of New Jersey (Horizon BCBSNJ) has been a pillar of health insurance in New Jersey since its establishment in 1932. As the state's largest and oldest health insurer, Horizon BCBSNJ provides a comprehensive range of health insurance options tailored for individuals, families, and employers. We understand the complexities of healthcare, and we aim to make healthcare as accessible and affordable as possible for our members. Our commitment to serving over 3.8 million members is reflected in our innovative health insurance products and services, which include medical, dental, vision, and prescription drug coverage.

Our mission is driven by a desire to improve health outcomes while lowering costs, making us a trusted partner in healthcare for New Jersey residents. Horizon BCBSNJ is not only focused on insurance but is also dedicated to enhancing the healthcare experience through partnerships with local healthcare providers and community organizations. By fostering collaboration, we implement patient-centered programs that deliver improved quality and value to our members. Our significant efforts to expand access to care further underscore our commitment to the health and well-being of New Jersey's communities, ensuring that individuals receive the support and resources necessary for their healthcare journey.

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Horizon Blue Cross Blue Shield of New Jersey

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