Summary
Oversees actuaries in maintaining actuarial reporting systems and analysis of actuarial reports. Responsible for recommendations from area. Renders annual statement opinions and provides signature approval.
Description
Directs the preparation of monthly and quarterly actuarial reports. Ensures the accuracy of reporting and recommendations. Oversees 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. Develops actuarial computer models and technically supports the actuarial staff.
Ensures correct preparation of rate filings and other submissions to state regulatory authorities. Completes ad hoc reporting for financial and insurance data by state insurance departments and provides input to state insurance departments on proposed legislation.
Responsible for hiring, performance, coaching training, and addressing staff disciplinary concerns. Works with subordinates to support development and review of work.
Required Education: Bachelor's degree in Actuarial Science, Mathematics, Statistics or other related field.
Required Work Experience: 10 years-actuarial experience; Prior team lead, supervisor, or management experience OR equivalent military experience in grade E4 or above (may be concurrent).
Required 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. Strong analytical, problem solving, and model development skills. Good judgment.
Required Software and Other Tools: Microsoft Office.
Required Licenses and Certificates: Fellow of the Casualty Actuarial Society or the Society of Actuaries.
Preferred Work Experience: 10 years-actuarial and information technology experience.
Preferred Software and Other Tools: Computer programming skills.
Work Environment: Typical office environment.
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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.
Top Skills
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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