Actuarial Manager

BlueCross BlueShield of South Carolina•Columbia, SC

About The Position

The Actuarial Manager manages actuarial reporting, forecasting, modeling, and financial analysis for assigned lines of business to support pricing, profitability, and strategic decision-making. The role leads actuarial staff and provides actuarial guidance to ensure accurate and effective business support. Responsibilities include actuarial and financial support functions such as reporting, rating, modeling, and benefit cost analysis; monitoring trends and profitability; and producing forecasts. The manager also maintains and enhances actuarial models and hires, develops, and manages staff, including interviewing, selection, performance reviews, counseling, and administrative matters. The position requires a bachelor's degree in a job-related field and either seven years of actuarial experience or five years of actuarial experience with an FSA or FCAS designation. An ASA or ACAS designation, or the ability to obtain one within six months of hire, is required. The work environment is a typical office and may involve some travel.

Requirements

  • Bachelor's degree in a job-related field.
  • Seven years of actuarial experience, or five years of actuarial experience with an FSA or FCAS designation.
  • ASA or ACAS designation, or ability to obtain the designation within six months of hire.
  • Strong communication, decision-making, and organizational skills.
  • Good judgment.
  • Knowledge of statistical principles and practices.
  • Ability to perform complex mathematical calculations.
  • Strong analytical, problem-solving, and model-development skills.
  • Ability to handle confidential or sensitive information with discretion.
  • Knowledge of computer systems support and basic computer programming skills.
  • Knowledge of Microsoft Office.

Nice To Haves

  • Ability to persuade, negotiate, or influence.
  • Presentation skills.

Responsibilities

  • Manage actuarial and financial support functions, including reporting, rating, modeling, benefit cost analysis, and other assigned duties.
  • Research and monitor trends and profitability for assigned lines of business and produce forecasts.
  • Maintain and enhance actuarial models for assigned responsibilities.
  • Hire and maintain competent staff, including interviewing and selecting personnel, completing performance reviews, counseling staff, and handling other administrative matters.
  • Provide actuarial guidance to support accurate and effective business decision-making.

Benefits

  • Subsidized health plans
  • Dental coverage
  • Vision coverage
  • 401(k) 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
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