Actuarial Manager

001 BlueCross and BlueShield of South Carolina; Columbia (SC); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Health plans (subsidized)

Dental and vision coverage

401k with company match

Life Insurance

Paid Time Off

On-site cafeterias and fitness centers

Education Assistance

Service Recognition

National discounts

Job summary

BlueCross BlueShield of South Carolina seeks a senior actuarial professional to manage reporting, forecasting, modeling, and financial analysis for designated lines of business. You will lead staff, provide guidance, and ensure high-quality business support for pricing and profitability.

The role requires a Bachelor's degree, 7 years actuarial experience (or 5 with ASA/FCAS), and strong communication, analytical, and modeling skills. Office-based role in Columbia with travel as needed.

Qualifications

• Bachelor's degree in a job-related field is required.
• 7 years actuarial experience or 5 years with ASA/FCAS designation.
• ASA/ACAS designation or ability to obtain within 6 months is required or desired.

Responsibilities

• Manage actuarial reporting, forecasting, modeling, and financial analysis for pricing and profitability.
• Lead actuarial staff and provide guidance to ensure accurate business support.
• Research trends, monitor profitability, and produce forecasts for assigned lines of business.
• Maintain and enhance actuarial models and staff performance reviews.

Skills

Communication

Decision making

Organizational skills

Judgment

Statistics knowledge

Mathematical modeling

Analytical skills

Problem solving

Data sensitivity

Education

Bachelor's degree in related field

ASA or FCAS designation (or ability to obtain within 6 months)

Tools

Mainframe systems

Data extraction

Programming basics

Microsoft Office

Job description

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

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.

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.

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

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. If you need special assistance or an accommodation while seeking employment, please email [e-mail] or 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. We participate in E-Verify and comply with the Pay Transparency Nondiscrimination Provision. We are an Equal Opportunity Employer. Here’s more information. Some states have required notifications. Here’s more information.

Why should you join the BlueCross BlueShield of South Carolina family of companies?

Other companies come and go, but for more than seven decades we’ve been part of the national landscape, with our roots firmly embedded in the South Carolina community. Business and political climates may change, but we’re stronger than ever. Our A.M. Best rating is A+ (Superior) — making us the only health insurance company in South Carolina with that rating. We’re 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 that allows us to build on a variety of business strengths. We deliver outstanding service to our customers. If you are dedicated to the same philosophy, consider joining our team!

Veterans Welcome!

BlueCross is a strong supporter of our veterans, and many service men and women have joined our ranks. We’ve found the dedication, work ethic and job skills that serve well in the military excel in many of our lines of business, and we proudly have veterans filling positions in Human Resources, Information Technology, Customer Service, Operations, General Services and more. Through our government contracts, we also have employees serving at Shaw Air Force Base, the Naval Health Clinic in Charleston, the Naval Hospital in Beaufort and in our hometown of Columbia, S.C., at Ft. Jackson. If you are a full-time employee in the National Guard or Reserves, we will even cover the difference in your pay if you are called to active duty.