Director, Actuarial

Position Purpose: Responsible for strategy execution and operational direction of actuarial efforts for the large group line of business to drive profitable revenue growth. Develops large group manual rates, pricing recommendations, reinsurance analysis, stop loss pricing, discount analyses, and claim repricing. Incorporates the results of trend analysis and other pricing factor analysis into rating manuals. Conducts other actuarial analyses and provides actuarial support to underwriting, marketing, smaller wholly owned subsidiaries, and in support of other business objectives. Conducts case specific pricing to support National Alliance and large group ASO business.

Location: This position is full-time (40-hours/week) Monday-Friday in a typical office environment. You will work an 8-hour shift scheduled during our normal business hours of 8:00AM-5:00PM. It may be necessary, given the business need to work occasional overtime. You may be required to travel between buildings. This role is located at 4101 Percival Road, Columbia, SC 29229.

What You'll Do:

• Directs and provides leadership support for line of business by setting and guiding actuarial initiatives. Ensures compliance with regulatory requirements and actuarial standards.
• Designs and prepares actuarial reports. Conducts risk assessments needed to meet financial objectives.
• Develops pricing for new benefits, models financial impacts of alternative rating arrangements, and prepares the corporate financial plan and multi-year forecast.
• Responsible for hiring and maintaining staff, which includes interviewing and selection of personnel, completing performance reviews, counseling staff, and other administrative matters. Develops professional staff by identifying and coordinating training needs. Performs other special projects and ad hoc analyses as requested.

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

• Required Education: Bachelor's degree in Actuarial Science, Mathematics, Statistics or other related field.

• Required Experience: 7 Years Actuarial experience. 2 years supervisory or managerial experience OR equivalent military experience in grade E4 or above.

• Required Skills and Abilities: Extensive knowledge of insurance products, operations, and existing regulations. Awareness of legal, political, economic, and environmental impacts on the insurance product and operation. Organizational skills. Good judgment. Ability to persuade, negotiate or influence. Strong verbal and written communication skills including presentation skills.

• Required Software and Other Tools: Microsoft Office. Computer programming skills.
• Required Licenses and Certificates: Fellow of the Casualty Actuarial Society or the Society of Actuaries or An Associate of the Society of Actuaries (ASA) or Associate of the Casualty Actuarial Society (ACAS) with at least 9 years of experience.

We Prefer That You Have The Following:

• Preferred Work Experience: 8 Years-Actuarial experience. 2 years of supervisory or managerial experience OR equivalent military experience in grade E4 or above.
• Preferred Skills and Abilities: Customer service skills. Ability to explain technical subjects to a non-technical audience.
• Preferred Licenses and Certificates: Fellow of the Society of Actuaries (FSA) or Fellow of the Casualty Actuarial Society (FCAS) and Member of the Academy of Actuaries (MAAA)
• Preferred Software and Other Tools: Knowledge of Access or other database software. Working knowledge of DB2 database. Computer systems support knowledge.

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.

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