Actuarial Assistant I

Posted Yesterday
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Columbia, SC
Entry level
Insurance
The Role
As an Actuarial Assistant I, you will support actuarial services by conducting research, data analysis, and assisting in the preparation of actuarial models. You will also aid in profitability analyses and maintain financial reporting databases to support competitive pricing decisions for various lines of business.
Summary Generated by Built In


Summary
 
Supports actuarial services by providing research data, reports, and analysis of the profitability of existing and new lines of business.
Description
 

  • Assists with statistical and reporting functions, regulatory reporting, data testing, and research. Prepares and updates actuarial models and reconciles with financial statements.
  • Performs basic analysis of the rates and rating structures of competing programs to assist with competitive pricing decisions for various lines of business.
  • Provides support in various other studies and analysis that entails evaluation of future contingent events.
  • Maintains and enhances financial reporting databases.

Required Education:

  • Bachelor's degree Statistics, Mathematics, Accounting, Finance, Economics, or other related field.

Required Work Experience:

  • No required work experience.

Required Training:

  • Successful completion of one Society of Actuaries or Casualty Actuarial Society exam.

Preferred Training Requirements:

  • Successful completion of two Society of Actuaries or Casualty Actuarial Society exams.

Skills and Abilities:

  • Analyzes competing programs to assist with competitive pricing decisions
  • Develops actuarial computer models
  • Develops reporting for new product types
  • Documents submissions to state regulatory authorities
  • Performs profitability analysis to determine appropriate rates for various lines of business


 

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

Some states have required notifications. Here's more information

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 minorities, females, disabled individuals and 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 physical and mental disabilities.

If you need special assistance or an accommodation while seeking employment, please e-mail [email protected] or call 1-800-288-2227, 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.

The Company
HQ: Columbia, SC
10,001 Employees
On-site Workplace
Year Founded: 1946

What We Do

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. We are the largest insurance company in South Carolina. We are also the only one that has an A+ Superior A.M. Best rating. We are one of the nation's leading government contract administrators. We operate one of the most sophisticated data processing centers in the Southeast and have a diverse family of subsidiary companies.

Our full-time employees enjoy benefits like a 401(k) retirement savings plan with company match, subsidized health plans, free vision coverage, life insurance, paid annual leave and holidays, wellness programs and education assistance. If you are a full-time employee in the National Guard or reserves, we will cover the difference in your pay if you are called to active duty. BlueCross has a dedicated corporate culture of community support. Our employees are some of the most giving in the country. They support dozens of nonprofit organizations every year.

If you're ready to join a diverse company with secure, community roots and an innovative future, apply for a position now!

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