Assistant, Actuarial I

BlueCross BlueShield of South Carolina•Columbia, SC
•Onsite

About The Position

The Assistant, Actuarial I supports actuarial services through research, analysis, and reporting to evaluate the profitability and financial performance of existing and new lines of business. This is a full-time, onsite position in a typical office environment at 4101 Percival Rd., Columbia, South Carolina, scheduled Monday through Friday for 40 hours per week. The role assists with statistical and reporting functions, regulatory reporting, data testing, and research. It prepares and updates actuarial models and reconciles them with financial statements, performs basic analyses of competing programs’ rates and rating structures to support pricing decisions, and supports studies evaluating future contingent events. It also maintains and enhances financial reporting databases. Candidates need a bachelor’s degree in a job-related field and successful completion of one Society of Actuaries or Casualty Actuarial Society exam. No prior work experience is required. The role requires organizational, communication, analytical, and critical-thinking skills; knowledge of mathematical and statistical concepts; ability to perform complex mathematical calculations; discretion with confidential information; and good judgment. Microsoft Office skills are required. A mathematics or statistics degree, presentation skills, and computer programming skills are preferred.

Requirements

  • Bachelor’s degree in a job-related field.
  • Successful completion of one Society of Actuaries or Casualty Actuarial Society exam.
  • Excellent organizational, oral communication, written communication, analytical, or critical-thinking skills.
  • Knowledge of mathematical and statistical concepts and the ability to use complex mathematical calculations.
  • Ability to handle confidential or sensitive information with discretion.
  • Good judgment.
  • Microsoft Office skills.

Nice To Haves

  • Bachelor’s degree in mathematics or statistics.
  • Presentation skills.
  • Computer programming skills.

Responsibilities

  • Assist with statistical and reporting functions, regulatory reporting, data testing, and research.
  • Prepare and update actuarial models and reconcile them with financial statements.
  • Analyze rates and rating structures of competing programs to assist with competitive pricing decisions for various lines of business.
  • Support studies and analyses involving the evaluation of future contingent events.
  • Maintain and enhance financial reporting databases.

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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