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Probability Statistic Jobs in Indiana (NOW HIRING)

Familiar with college math curricula including liberal arts math and quantitative reasoning courses, and common challenges such as function notation, basic probability, and interpreting statistical ...

Familiar with college math curricula including liberal arts math and quantitative reasoning courses, and common challenges such as function notation, basic probability, and interpreting statistical ...

Deep knowledge of statistical analysis, data wrangling, exploratory data analysis, machine learning ... Ability to explain probability distributions, regression analysis, A/B testing, and data pipeline ...

Deep knowledge of statistical analysis, data wrangling, exploratory data analysis, machine learning ... Ability to explain probability distributions, regression analysis, A/B testing, and data pipeline ...

Deep knowledge of statistical analysis, data wrangling, exploratory data analysis, machine learning ... Ability to explain probability distributions, regression analysis, A/B testing, and data pipeline ...

Deep knowledge of statistical analysis, data wrangling, exploratory data analysis, machine learning ... Ability to explain probability distributions, regression analysis, A/B testing, and data pipeline ...

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Probability Statistic information

What is the difference between Probability Statistic vs Data Analyst?

AspectProbability StatisticData Analyst
Required CredentialsDegree in Statistics, Mathematics, or related field; often certifications in statistical analysisDegree in Data Science, Statistics, or related; skills in data visualization and analysis tools
Work EnvironmentResearch labs, academia, government agencies, or industries focusing on statistical modelingBusiness settings, consulting firms, tech companies, and industries analyzing large datasets
Employer & Industry UsageUsed in academia, research institutions, and industries requiring probability modelingCommon in corporate, marketing, finance, and tech sectors for data-driven decision making

Probability Statisticians focus on developing and applying statistical models based on probability theory, often working in research or academia. Data Analysts interpret data to provide actionable insights for businesses. While both roles require strong statistical skills, their work environments and applications differ significantly.

What cities in Indiana are hiring for Probability Statistic jobs? Cities in Indiana with the most Probability Statistic job openings:
Actuarial Analyst

$81.07K - $129.71K/yr

Other

Medical, Dental, Vision, Retirement, PTO

Posted 24 days ago


Blue Cross and Blue Shield of North Carolina rating

7.8

Company rating: 7.8 out of 10

Based on 13 frontline employees who took The Breakroom Quiz

163rd of 259 rated insurance


Job description

Job Description

Join our team as an Actuarial Analyst, where you will use your expertise in mathematics, probability, statistics, and business principles to support a variety of actuarial functions, including rating and pricing, valuation, healthcare economics, and financial forecasting. Working closely with a team of actuaries, you will contribute to the actuarial aspects of health programs, ensuring a collaborative and comprehensive approach. You will also provide technical support and guidance to key departments such as Network Management, Underwriting, Sales and Marketing, and Finance, helping to drive informed decisions and organizational success.

What You'll Do

  • Performs actuarial research, experience studies, and statistical analyses and calculations.

  • Calculates premiums and reserves of new and existing plans of insurance.

  • Provides support to senior analysts or actuaries as required.

  • Retrieves and validates data for rate filings and actuarial models. Builds model enhancements and determines reasons for changes to calculated factors. Analyzes impacts of changes to product lines and segments.

  • Communicates filing status to internal stakeholders and transmits rate filings to regulatory agencies (NCDOI, CMS).

  • Retrieves and validates data for monthly reports and for UCL and ALR calculation.

  • Supports valuation by executing ALR model and verifying results. Researches to support ALR assumption studies and UCL estimates.

  • Distributes established reports and responds to inquiries. Investigates trends and anomalies.

  • Executes control activities to support Enterprise Risk Management.

  • Provides analytic support for corporate and departmental projects.

  • Is a participant in good standing in the Actuarial Development Program

What You Bring

  • Bachelor's degree or advanced degree (where required)

  • 2+ years of relevant actuarial experience. Related experience may be considered.

  • Must have completed at least 3 exams towards the eventual attainment of the ASA designation.

  • In lieu of meeting minimum exam requirements, may consider additional relevant experience.

  • In lieu of meeting minimum experience requirements, may consider ASA or more exams towards the eventual attainment of the ASA.

Bonus Points

  • Experience in Medicare Part D pricing preferred

  • Some experience and technical skills with drug trend modeling and lossofexclusivity (patent loss) forecasting

  • Analytics skills, especially around Prescription drugs modeling

What You'll Get

  • The opportunity to work at thecutting edgeof health care delivery with a teamthat'sdeeply invested in the community.

  • Work-life balance, flexibility, and the autonomy to dogreat work

  • Medical, dental, and vision coverage along withnumeroushealth and wellness programs.

  • Parental leave and support plus adoption and surrogacyassistance

  • Career development programs and tuition reimbursement for continued education

  • 401k match including an annual company contribution

  • Learn more

Salary Range

At Blue Cross NC, we take great pride in a fair and equitable compensation package that reflects market-price and our starting salaries are typically planned near the middle of the range listed. Compensation decisions are driven by factors including experience and training, specialized skill sets, licensure and certifications and other business and organizational needs.Our base salary is part of a robust Total Rewards package that includes an Annual Incentive Bonus*, 401(k) with employer match, Paid Time Off (PTO), and competitive health benefits and wellness programs.

*Based on annual corporate goal achievement and individual performance.

$81,068.00 - $129,708.00

Skills

Actuarial Analysis, Actuarial Science, Analytical Support, Data Analysis, Data Verification, Experience Studies, Report Processing, Reports Analysis, Research Analysis, Researching

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JOB ALERT FRAUD: We have become aware of scams from individuals, organizations, and internet sites claiming to represent Blue Cross and Blue Shield of North Carolina in recruitment activities in return for disclosing financial information. Our hiring process does not include text-based conversations or interviews and never requires payment or fees from job applicants. All our career opportunities are published on https://bcbsnc.wd5.myworkdayjobs.com/en-US/BCBSNC. If you have already provided your personal information that you suspect is fraudulent activity, please report it to your local authorities. Any fraudulent activity should be reported to: HR.Staffing@BCBSNC.com.


What Blue Cross and Blue Shield of North Carolina employees say

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