Associate Actuary

Location: This position is full-time (40-hours/week) Monday-Friday in a typical office environment. This role is remote.

Position Purpose:

Maintains actuarial reporting systems, analyzes data, summarizes findings, and provides recommendations to support key actuarial functions.

What You’ll Do:

• Compiles monthly and quarterly actuarial reports. Extracts complex data into spreadsheet form. Performs profitability analysis and determination of appropriate level and rates for various lines of business. Reviews state insurance department rate filings, 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 reserves for reported and unreported liabilities. Establishes the review of various methodologies used to promulgate these reserves as well as provides 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.

To Qualify For This Position, You’ll Need The Following:

• Required Education: Bachelor's degree in a job-related field.

• Degree Equivalency: An Associate of the Society of Actuaries (ASA) or Associate of the Casualty Actuarial Society (ACAS).

• Required Work Experience: 5 Years Actuarial experience.

• Licenses or Certifications: Associate of the Society of Actuaries or the Casualty Actuarial Society.

• Skills and Abilities: 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.

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 disabilities and 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 [email protected] or call 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.

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

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