Senior Group Actuary

Location: This position is full-time and remote from anywhere in the U.S.

Position Purpose: The Senior Advisory Actuary plays a critical role in overseeing and enhancing actuarial reporting systems, ensuring the accuracy and integrity of actuarial analyses. This position involves leading a team of actuaries in the preparation and summarization of actuarial reports, delivering insightful recommendations based on comprehensive data analysis. Additionally, the Senior Advisory Actuary is responsible for rendering annual statement opinions and providing signature approvals, contributing to the organization's strategic decision-making and compliance with regulatory standards.

What You'll Do:

• 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.

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

• Required Education: Bachelor's degree - Statistics/Biostatistics, Mathematics, Accounting, Finance, Economics, or other job-related field.

• Required Experience: 9 years-actuarial experience

• 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 Licenses and Certificates: Fellow of the Casualty Actuarial Society or the Society of Actuaries.

We Prefer That You Have The Following:

• Preferred Work Experience: 10 years-actuarial and information technology experience.

• (Highly) Preferred Skills and Abilities: Computer programming skills SQL.

Work Environment: Typical office environment. May work from home (Remote).

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 mycareer.help@bcbssc.comor 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 moreinformation.

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