Full-Time

Actuary

Multiple Teams

Blue Cross and Blue Shield of Rhode Island

Blue Cross and Blue Shield of Rhode Island

501-1,000 employees

Health insurer expanding access to care

No salary listed

Remote in USA + 1 more

More locations: Providence, RI, USA

Remote

Remote role; permitted states include RI, CT, AZ, FL, GA, MA, NC, OK, SC, TX, VA; 0–1 on-site days weekly.

Bachelor's

Category
Finance & Banking (1)
Required Skills
Forecasting

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Requirements
  • Bachelor’s degree in Mathematics, Economics, or related field, or an equivalent combination of education and experience
  • Three to five years actuarial experience
  • ASA Society of Actuaries designation
  • Ability to interpret and perform financial forecasting, statistical modeling, and trend analysis
  • Advanced analytical skills, with the ability to interpret and synthesize complex data sets
  • Good business acumen and political savvy
  • Knowledge of business process improvement techniques and strategies
  • Excellent verbal and written communications skills
  • Negotiation skills
  • Presentation skills
  • Decision-making skills
  • Good problem solving skills
  • Ability to interface with employees at all levels
  • Ability to effectively navigate ambiguous situations with limited direction
  • Excellent organizational skills and ability to successfully prioritize multiple tasks
  • Ability to handle multiple priorities/projects
Responsibilities
  • Monitor, analyze, and report on the effectiveness of the existing rating formula. Perform financial forecasting and trend analysis.
  • Develop statistical and actuarial models to assist in the analysis of rate and reserve adequacy.
  • Evaluate corporate loss reserves.
  • Design and write computer programs to extract data from various databases.
  • Extract and analyze claims, enrollment, and general health insurance data.
  • Prepare regulatory reporting requirements.
  • Participate in department initiatives and projects.
  • Perform other duties as assigned
Desired Qualifications
  • Experience in the health insurance industry
Blue Cross and Blue Shield of Rhode Island

Blue Cross and Blue Shield of Rhode Island

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BCBSRI provides health insurance and related health services in Rhode Island, including plans for individuals and employers that cover medical and behavioral health services. Members access care through a provider network and may use optional services like retail health stores, paying premiums and deductibles to access covered services. The company differentiates itself with a local Rhode Island focus, its status as an independent licensee of the Blue Cross Blue Shield Association, and programs that expand access to care, including behavioral health and food-security initiatives. Its goal is to improve health outcomes and well-being by making care more accessible, affordable, and equitable.

Company Size

501-1,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Providence, Rhode Island

Founded

1939

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Simplify Jobs

Simplify's Take

What believers are saying

  • 2025 revenue reached $2.43 billion, improving from 2024’s $2.21 billion.
  • BCBSRI cut 2025 operating losses by $37 million versus 2024, restoring some discipline.
  • The 2025 annual report showed a $14 million net gain, aided by investment income.

What critics are saying

  • 2026 individual-market rates jump 28.9%, pressuring enrollment and employer renewals immediately.
  • 2025 normalized operating loss hit $78 million, signaling persistent medical-cost strain.
  • Abira Medical’s 2026 lawsuit dismissal shows provider payment disputes remain a recurring legal front.

What makes Blue Cross and Blue Shield of Rhode Island unique

  • BCBSRI is Rhode Island’s largest insurer, with deep local employer and member relationships.
  • Blue across Rhode Island mobilizes 500+ employees annually, strengthening statewide nonprofit ties.
  • The 2025 Daymark Health partnership extends cancer-support services to over 2,500 members.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Flexible Work Hours

Remote Work Options

Hybrid Work Options

Unlimited Paid Time Off

Paid Vacation

Tuition Reimbursement

Student Loan Assistance

Wellness Program

Mental Health Support

Bonuses

Investment Plans

Company News

Blue Cross & Blue Shield of Rhode Island
Jul 27th, 2026
BCBSRI recognized as World's Top Disability Inclusive Business.

BCBSRI recognized as World's Top Disability Inclusive Business. PROVIDENCE, R.I. - Blue Cross & Blue Shield of Rhode Island (BCBSRI) has been recognized as a World's Top Disability Inclusive Business for its performance on the 2026 Disability Index(R). The designation marks the fifth consecutive year BCBSRI has achieved a top score. This recognition reflects BCBSRI's progress towards building a workplace where all employees can contribute and drive long-term success. Companies scoring at the highest proficiency levels earn recognition as World's Top Disability Inclusive Businesses. The Disability Index is the world's leading independent benchmarking tool for evaluating corporate disability inclusion and is used by hundreds of leading companies across the globe. "Our leadership and associates are dedicated to building a workplace where everyone feels supported and valued," said Carolyn Belisle, Vice President of Corporate Social Responsibility. "This honor recognizes that commitment and motivates us to use insights from our Disability Index scores to continue advancing our inclusion efforts." BCBSRI's top score reflects its comprehensive array of programs and policies that support a culture of accessibility and belonging, including: * The Disability Inclusion Network, an employee business resource group that promotes and provides guidance on accessibility and inclusion for people with disabilities and impairments. * Project SEARCH, an internship program based at BCBSRI that prepares high school students with intellectual or developmental disabilities for post-graduation employment. * Grants and in-kind support for community organizations that serve people with disabilities * Inclusive workplace policies and practices, including hiring, recruitment, and retention efforts, and initiatives that promote physical, digital, and systemic accessibility. * A highly active supplier engagement program that encourages engagement with disability-owned businesses. "This year's Disability Index shows that leading companies are embedding disability inclusion into the core of how they operate. It's shaping how businesses design products, build trust, and drive innovation. The companies leading today are the ones building more adaptable, resilient, and future-ready organizations," said Jill Houghton, President and CEO of Disability:IN.

Falvey Insurance Group
Jul 16th, 2026
Blue Cross Blue Shield of Rhode Island awards Falvey Insurance Group The 2026 Worksite Health Award.

Blue Cross Blue Shield of Rhode Island awards Falvey Insurance Group The 2026 Worksite Health Award. 16/07/2026 NORTH KINGSTOWN, RI, JULY 16, 2026 - Blue Cross Blue Shield of Rhode Island (BCBSRI) has chosen Falvey Insurance Group as one of the recipients for the Exemplary distinction of the 2026 Worksite Health Award. This honor showcases Rhode Island employers that demonstrate an exceptional commitment to supporting employee health and well-being through workplace wellness initiatives. Presented annually by Blue Cross & Blue Shield of Rhode Island in partnership with the Greater Providence Chamber of Commerce, the Worksite Health Awards recognize organizations that foster healthier workplaces through programs and initiatives that support employees' physical, emotional, and overall well-being. Award recipients are evaluated on the strength and impact of their workplace wellness efforts. "At Falvey, well-being and overall health extend far beyond benefits," says Roxanne Nelson, Chief People Officer at Falvey Insurance Group. "We strive to create an environment where people have the resources to support one another, maintain a work-life balance and bring their best selves to work each day." The 2026 Worksite Health Awards were presented during an awards ceremony hosted by Blue Cross & Blue Shield of Rhode Island and the Greater Providence Chamber of Commerce on July 15, 2026, at the Crowne Plaza in Warwick, RI. About Blue Cross Blue Shield Blue Cross & Blue Shield of Rhode Island (BCBSRI) is the state's leading health insurer, serving Rhode Island residents and employers with a broad range of health coverage, wellness programs, and care management solutions. For more than 85 years, BCBSRI has been committed to improving the health and well-being of Rhode Islanders by expanding access to quality care, promoting healthier communities, and supporting initiatives that help individuals and organizations thrive. Learn more at bcbsri.com. About Falvey Insurance Group Falvey Insurance Group is one group with many solutions, distinguishing itself through its robust product offerings that extend beyond premium coverage, providing clients and broker partners with a suite of added-value services at no additional cost. Its commitment to excellence over decades has earned Falvey Insurance Group a reputation for exceeding client expectations and prioritizing their needs. A broker agreement with Falvey opens up access to its comprehensive product lineup and seamless claim handling and loss control experience, backed by its World-Class service from any of its underwriting teams. Learn more about Falvey at falveyinsurancegroup.com.

Blue Cross & Blue Shield of Rhode Island
Apr 7th, 2026
BCBSRI seeks partners for 15th annual Blue across Rhode Island.

BCBSRI seeks partners for 15th annual Blue across Rhode Island. Milestone event for mobilizing volunteers to strengthen communities statewide is Sept. 18, with an application deadline of April 24. PROVIDENCE, R.I. - Blue Cross & Blue Shield of Rhode Island (BCBSRI) is accepting applications from community-based organizations to host teams of 30+ employee volunteers during Blue across Rhode Island, the company's annual day of service on Friday, Sept. 18. One of the largest events of its kind in the state, Blue across Rhode Island will mark its 15th anniversary in 2026. While BCBSRI employees volunteer year-round, Blue across Rhode Island brings associates together for a full workday of organized service projects statewide. Each year, more than 500 employees volunteer in teams on projects developed in partnership with selected community partners. "Fifteen years of Blue across Rhode Island represents thousands of hours of volunteer service and hundreds of thousands of lives touched across our state," said Carolyn Belisle, Vice President of Corporate Social Responsibility. "We look forward to another year of rolling up our sleeves alongside the incredible organizations doing this vital work every day." Details and application instructions for Blue across Rhode Island are available online. The deadline for submissions is 5 p.m. on Friday, April 24. For more information, contact [email protected]. Since the launch of Blue across Rhode Island in 2012, BCBSRI employees have given 43,000 volunteer hours at such projects as building housing, painting community spaces, sprucing up landscaping, and packing food items for hunger programs. These projects have positively impacted more than 238,000 Rhode Islanders. Since its founding, BCBSRI has prioritized relationships with community organizations through philanthropy, partnership, and volunteer service. These efforts, including Blue across Rhode Island, have been enhanced for the past 25 years through a focused and coordinated BCBSRI program - BlueAngel Community Investment.

Blue Cross & Blue Shield of Rhode Island
Feb 4th, 2026
BCBSRI earns top score of 100 for LGBTQ+ workplace equality

BCBSRI earns top score of 100 for LGBTQ+ workplace equality. PROVIDENCE, R.I. (Feb. 4, 2026) - Blue Cross & Blue Shield of Rhode Island (BCBSRI) has received a top score of 100 on the Human Rights Campaign (HRC) Foundation's 2026 Corporate Equality Index (CEI), the nation's foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace inclusion. BCBSRI joins 534 U.S. businesses to be honored with the Equality 100 Award and recognized as Leaders in LGBTQ+ Workplace Inclusion. "We're proud that we have once again attained a top score on the Corporate Equality Index, reflecting our deep commitment to LGBTQ+ inclusion. The Index helps us measure our progress and provides a map for us to continue improving benefits, education, policies, and practices across the company to better support our LGBTQ+ associates," said Carolyn Belisle, Vice President of Corporate Social Responsibility at BCBSRI. The following are among BCBSRI's many efforts to support LGBTQ+ individuals: * Blue pRIde Employee Business Resource Group aims to foster a safe, supportive workplace for LGBTQ+ employees and allies. * Philanthropic investment and volunteer support with RI-based nonprofits that support the LGBTQ+ community. * Collaboration with Fenway Institute's National LGBTQIA+ Health Education Center to create employee training and resources for providing inclusive service. * Comprehensive and affirming LGBTQ+ inclusive employee benefits to ensure equitable access and support for all employees and their families * Safe Zone program to guides members to care settings that have earned BCBSRI certification by meeting LGBTQ+ standards and best practices designed to provide an affirming and welcoming experience. "For nearly a quarter of a century, the Corporate Equality Index has put a marker down for businesses committed to inclusion and transparency for all workers. Now, more than ever, we celebrate them." said Kelley Robinson, President of the Human Rights Campaign Foundation. "No matter the environment, companies that communicate clearly and lead with transparency earn trust, retain talent, and strengthen their business. We are always here to collaborate with employers who want to foster a workplace where team members can bring their best selves to the office." The CEI rates companies on detailed criteria falling under four central pillars: * Non-discrimination policies across business entities * Equitable benefits for LGBTQ+ workers and their families * Supporting an inclusive culture * Outreach and engagement

Blue Cross & Blue Shield of Rhode Island
Jul 17th, 2025
2025 Worksite Health Awards honor 48 Rhode Island-based companies

WARWICK, R.I. (July 17, 2025) - Blue Cross & Blue Shield of Rhode Island (BCBSRI) and the Greater Providence Chamber of Commerce presented the 31st annual Worksite Health Awards to 48 companies at a celebration at the Crowne Plaza today.,