BlueCross BlueShield of South Carolina · 3 hours ago
Senior Group Actuary
BlueCross BlueShield of South Carolina is seeking a Senior Advisory Actuary to oversee and enhance actuarial reporting systems. This role involves leading a team in the preparation of actuarial reports, ensuring accuracy in analyses, and contributing to strategic decision-making and regulatory compliance.
Financial ServicesHealth CareHealth InsuranceInsuranceMedical
Responsibilities
Compiles monthly and quarterly actuarial reports
Performs profitability analysis and determination of appropriate level and rates for various lines of business
Reviews rating bureau changes, making premium comparisons with competing companies and adjusting prior company experience to reflect future contingent liabilities for the purpose of pricing a revision to an existing product or rate level
Correctly prepares and documents rate filings and other submissions to state regulatory authorities
Files rate, rule, and form revisions along with annual required filings
Completes ad hoc reporting for financial and insurance data by state insurance departments, and provides input to state insurance departments on proposed legislation
Develops actuarial computer models and technically supports the actuarial staff
Serves as a liaison to the information systems department
Accurately determines bulk loss and loss expense reserves for reported and unreported liabilities
Establishes the review of various methodologies used to promulgate these reserves as well as provide both written and oral support of carried reserves to regulators, independent actuaries and auditors, and other examiners
Recommends follow-up studies as needed
Directs, motivates, and develops other Actuarial Team members
Qualification
Required
Bachelor's degree - Statistics/Biostatistics, Mathematics, Accounting, Finance, Economics, or other job-related field
9 years-actuarial experience
Knowledge of actuarial principles, procedures, and regulations
Strong mathematical and analytical skills
Excellent communication and organizational skills with the ability to effectively prioritize
Ability to handle confidential or sensitive information with discretion
Strong analytical, problem solving, and model development skills
Good judgment
Fellow of the Casualty Actuarial Society or the Society of Actuaries
Preferred
10 years-actuarial and information technology experience
Computer programming skills SQL
Benefits
Subsidized health plans, dental and vision coverage
401k retirement savings plan with company match
Life Insurance
Paid Time Off (PTO)
On-site cafeterias and fitness centers in major locations
Education Assistance
Service Recognition
National discounts to movies, theaters, zoos, theme parks and more
Company
BlueCross BlueShield of South Carolina
For more than six decades, BlueCross BlueShield of South Carolina has been part of the national landscape. Our roots are firmly embedded in the state.
Funding
Current Stage
Late StageLeadership Team
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