Actuarial Manager

BlueCross and BlueShield of South Carolina; Columbia (SC); On-site; USD 120,000 - 160,000; Full time

Benefits offered by this job

401k plan with company match

Life Insurance

PTO

Job summary

BlueCross BlueShield of South Carolina is seeking an experienced actuarial manager to lead reporting, forecasting, modeling, and financial analysis for assigned lines of business at our Columbia, SC office.

The role oversees actuarial staff, ensures accuracy of pricing and profitability insights, and guides strategic decisions with robust analytics and strong communication across teams. This is a full-time onsite position.

Qualifications

• Required Education: Bachelor's in a related field.
• Required Work Experience: 7 years actuarial exp or 5 years with FSA/FCAS.
• Required Skills: strong communication, decision making, organizational skills, good judgment, knowledge of statistical principles, complex math calculations, analytical/problem solving, model development, discretion.
• Required Software and Tools: Microsoft Office, mainframe systems, data extraction, basic programming.
• Required Licenses and Certificates: ASA or ACAS designation or ability to obtain within 6 months.

Responsibilities

• Manages actuarial reporting, forecasting, modeling, and financial analysis for assigned lines of business.
• Leads actuarial staff and provides actuarial guidance to support pricing, profitability, and strategic decisions.
• Hires and maintains staff; conducts performance reviews and other administrative duties.
• Maintains and enhances actuarial models and conducts forecasts.

Skills

Communication

Decision making

Organizational skills

Statistical principles

Mathematical calculations

Analytical

Problem solving

Model development

Discretion

Microsoft Office

Mainframe systems

Data extraction

Programming basics

Education

Bachelor's degree in a job-related field

Tools

Mainframe systems

Data extraction

Microsoft Office

Basic programming

Job description

Summary

Manages the actuarial reporting and support functions for assigned lines of businesses.

Description

Location: This position is full-time (40hours/week) Monday-Friday in a typical office environment. This role is onsite at 4101 Percival Road, Columbia, SC .

Position Purpose: Manages actuarial reporting, forecasting, modeling, and financial analysis for assigned lines of business to support pricing, profitability, and strategic decision-making. Leads actuarial staff and provides actuarial guidance to ensure accurate and effective business support.

What You'll Do:

• Manages actuarial and financial support functions including reporting, rating, modeling, benefit cost analysis, and other duties as assigned.
• Research and monitors trends and profitability of assigned lines of business and produces forecasts.
• Maintains and enhances actuarial models for assigned responsibilities.
• Hire and maintain a competent staff, which includes interviewing and selection of personnel, completing performance reviews, counseling staff, and other administrative matters.

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

• Required Education: Bachelors in a job-related field.
• Required Work Experience : 7 Years Actuarial experience or 5 Years Actuarial experience with Fellow of the Society of Actuaries (FSA) or Fellow of the Casualty Actuarial society (FCAS) designation.
• Required Skills and Abilities : Strong communication, decision making, and organizational skills. Good judgment. Knowledge of statistical principles and practices. Ability to use complex mathematical calculations. Strong analytical, problem solving, and model development skills. Ability to handle confidential or sensitive information with discretion.
• Required Software and Tools: Microsoft Office. Thorough knowledge of mainframe systems and data extraction. Computer systems support knowledge. Basic computer programming skills.
• Required Licenses and Certificates: Associate of the Society of Actuaries (ASA) or Associate of the Casualty Actuarial society (ACAS) designation, or the ability to obtain within 6 months of hire.

We Prefer That You Have The Following:

• Preferred Skills and Abilities: Ability to persuade, negotiate or influence. Presentation skills.

*Work Environment: Typical office environment. May involve some travel.

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.

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 disabilities and 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.

We participate in E-Verify and comply with the Pay Transparency Nondiscrimination Provision. We are an Equal Opportunity Employer. Here's more information .

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