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Director, Actuarial
Director, ActuarialBlueCross BlueShield of South Carolina • Columbia, Indiana, USA
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Director, Actuarial

Director, Actuarial

BlueCross BlueShield of South Carolina • Columbia, Indiana, USA
30+ days ago
Job type
  • Full-time
Job description

Summary

Why should you join the BlueCross BlueShield of South Carolina family of companies Other companies come and go but weve been part of the national landscape for more than seven decades with our roots firmly embedded in the South Carolina community. We are the largest insurance company in South Carolina and much more. We are one of the nations leading administrators of government contracts. We operate one of the most sophisticated data processing centers in the Southeast. We also have a diverse family of subsidiary companies allowing us to build on various business strengths. We deliver outstanding service to our customers. If you are dedicated to the same philosophy consider joining our team!

Description

Position Purpose : Responsible for strategy execution and operational direction of actuarial efforts for the large group line of business to drive profitable revenue growth. Develops large group manual rates pricing recommendations reinsurance analysis stop loss pricing discount analyses and claim repricing. Incorporates the results of trend analysis and other pricing factor analysis into rating manuals. Conducts other actuarial analyses and provides actuarial support to underwriting marketing smaller wholly owned subsidiaries and in support of other business objectives. Conducts case specific pricing to support National Alliance and large group ASO business.

Location : This position is full-time (40-hours / week) Monday-Friday in a typical office environment. You will work an 8-hour shift scheduled during our normal business hours of 8 : 00AM-5 : 00PM. It may be necessary given the business need to work occasional overtime. You may be required to travel between buildings. This role is located at 4101 Percival Road Columbia SC 29229.

What Youll Do :

  • Directs and provides leadership support for line of business by setting and guiding actuarial initiatives. Ensures compliance with regulatory requirements and actuarial standards.
  • Designs and prepares actuarial reports. Conducts risk assessments needed to meet financial objectives.
  • Develops pricing for new benefits models financial impacts of alternative rating arrangements and prepares the corporate financial plan and multi-year forecast.
  • Responsible for hiring and maintaining staff which includes interviewing and selection of personnel completing performance reviews counseling staff and other administrative matters. Develops professional staff by identifying and coordinating training needs. Performs other special projects and ad hoc analyses as requested.

To Qualify For This Position Youll Need The Following :

  • Required Education : Bachelors degree in Actuarial Science Mathematics Statistics or other related field.
  • Required Experience : 7 Years Actuarial experience. 2 years supervisory or managerial experience OR equivalent military experience in grade E4 or above.
  • Required Skills and Abilities : Extensive knowledge of insurance products operations and existing regulations. Awareness of legal political economic and environmental impacts on the insurance product and operation. Organizational skills. Good judgment. Ability to persuade negotiate or influence. Strong verbal and written communication skills including presentation skills.
  • Required Software and Other Tools : Microsoft Office. Computer programming skills.
  • Required Licenses and Certificates : Fellow of the Casualty Actuarial Society or the Society of Actuaries or An Associate of the Society of Actuaries (ASA) or Associate of the Casualty Actuarial Society (ACAS) with at least 9 years of experience.
  • We Prefer That You Have The Following :

  • Preferred Work Experience : 8 Years-Actuarial health experience. 2 years of supervisory or managerial experience OR equivalent military experience in grade E4 or above.
  • Preferred Skills and Abilities : Customer service skills. Ability to explain technical subjects to a non-technical audience.
  • Preferred Licenses and Certificates : Fellow of the Society of Actuaries (FSA) or Fellow of the Casualty Actuarial Society (FCAS) and Member of the Academy of Actuaries (MAAA)
  • Preferred Software and Other Tools : Knowledge of Access or other database software. Working knowledge of DB2 database. Computer systems support knowledge.
  • Our Comprehensive Benefits Package Includes The Following :

    We offer our employees great benefits and rewards. You will be eligible to participate in the benefits the first of the month following 28 days of employment.

  • 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
  • What We Can Do for You :

    We understand the value of a diverse and inclusive workplace and strive to be an employer where employees across all spectrums have the opportunity to develop their skills advance their careers and contribute their unique abilities to the growth of our company.

    What To Expect Next :

    After submitting your application our recruiting team members will review your resume to ensure you meet the qualifications. This may include a brief telephone interview or email communication with our recruiter to verify resume specifics and salary requirements.

    Equal Employment Opportunity Statement

    BlueCross BlueShield of South Carolina and our subsidiary companies maintain a continuing policy of nondiscrimination in employment to promote employment opportunities for persons regardless of age race color national origin sex religion veteran status disability weight sexual orientation gender identity genetic information or any other legally protected status. Additionally as a federal contractor the company maintains affirmative action programs to promote employment opportunities for individuals with disabilitiesand protected veterans. It is our policy to provide equal opportunities in all phases of the employment process and to comply with applicable federal state and local laws and regulations.

    We are committed to working with and providing reasonable accommodations to individuals with disabilities pregnant individuals individuals with pregnancy-related conditions and individuals needing accommodations for sincerely held religious beliefs provided that those accommodations do not impose an undue hardship on the Company.

    If you need special assistance or an accommodation while seeking employment please email or call ext. 47480 with the nature of your request. We will make a determination regarding your request for reasonable accommodation on a case-by-case basis.

    We participate in E-Verify and comply with the Pay Transparency Nondiscrimination Provision. We are an Equal Opportunity Employer. Heres moreinformation .

    Some states have required notifications. Heres more information.

    Required Experience :

    Director

    Key Skills

    General Services,Apache Commons,Community Services,Fashion Designing,Brand Communications,Accident Investigation

    Employment Type : Full-Time

    Experience : years

    Vacancy : 1

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    Director Actuarial • Columbia, Indiana, USA

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