Para Actuary - Financial Focus

BlueCross BlueShield of South CarolinaColumbia, SC
Onsite

About The Position

Extracts and reports enrollment and financial data used to develop competitive rates to achieve financial targets and reach profitability goals. Why should you join the BlueCross BlueShield of South Carolina family of companies? Other companies come and go, but we've been part of the national landscape for more than seven decades, with our roots firmly embedded in the South Carolina community. We are the largest insurance company in South Carolina … and much more. We are one of the nation's leading administrators of government contracts. We operate one of the most sophisticated data processing centers in the Southeast. We also have a diverse family of subsidiary companies, allowing us to build on various business strengths. We deliver outstanding service to our customers. If you are dedicated to the same philosophy, consider joining our team! Position Purpose: Extracts and reports enrollment and financial data used to develop competitive rates to achieve financial targets and reach profitability goals.

Requirements

  • Bachelor's in a job related field
  • 5 Years Financial analysis and reporting.
  • Analyzes competing programs to assist with competitive pricing decisions
  • Develops actuarial computer model.
  • Develops reporting for new product types
  • Documents submissions to state regulatory authorities
  • Performs profitability analysis to determine appropriate rates for various lines of business

Responsibilities

  • Develops reporting for new product types.
  • Maintains user tables and documentation for rating systems.
  • Conducts ad hoc reporting and provides support to underwriting and actuarial staff as needed.
  • Provides periodic system updates.
  • Produces required monthly reports.

Benefits

  • 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
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