Assistant, Actuarial I

001 BlueCross and BlueShield of South Carolina; Columbia (SC); On-site; USD 60,000 - 80,000; Full time

Benefits offered by this job

401k retirement savings plan

Life Insurance

Paid Time Off

On-site cafeterias and fitness centers

Job summary

BlueCross BlueShield of South Carolina is seeking a role to support actuarial services by providing research data, reports, and analysis of the profitability of existing and new lines of business. This full-time, onsite position is based in Columbia, SC.

You will assist with statistical and regulatory reporting, prepare actuarial models, and support pricing decisions. Strong Excel, analytical abilities, and clear communication are essential for success in this role.

Qualifications

• Bachelor's in a job-related field.
• No required work experience.
• Successful completion of one SOA or CAS exam.
• Excellent organizational, oral, and written communication, and analytical thinking skills.
• Knowledge of mathematical and statistical concepts with ability to perform complex calculations.
• Ability to handle confidential information with discretion.
• Good judgment.
• Microsoft Office software proficiency.
• Preferred education: Mathematics or Statistics.
• Preferred skills: Presentation abilities.
• Preferred tools: Computer programming skills.

Responsibilities

• Assists with statistical and reporting functions, regulatory reporting, data testing, and research.
• Prepares and updates actuarial models and reconciles with financial statements.
• Performs basic analysis of rates and rating structures to aid competitive pricing decisions for various lines of business.
• Provides support in studies and analyses that evaluate future contingent events.
• Maintains and enhances financial reporting databases.

Skills

Statistical analysis

Analytical thinking

Communication skills

Programming concepts

Education

Bachelor's degree in a related field

Bachelor's degree in Mathematics or Statistics

Tools

Microsoft Office

Programming basics

Job description

Summary

Summary Supports actuarial services by providing research data, reports, and analysis of the profitability of existing and new lines of business.

Position Details

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

Position Purpose

Supports actuarial services through research, analysis, and reporting to evaluate the profitability and financial performance of existing and new lines of business.

What You'll Do

• Assists with statistical and reporting functions, regulatory reporting, data testing, and research.
• Prepares and updates actuarial models and reconciles with financial statements.
• Performs basic analysis of the rates and rating structures of competing programs to assist with competitive pricing decisions for various lines of business.
• Provides support in various other studies and analysis that entails evaluation of future contingent events.
• Maintains and enhances financial reporting databases.

Qualifications

• Required Education: Bachelors in a job-related field.
• Required Work Experience: None
• Required Training: Successful completion of one Society of Actuaries or Casualty Actuarial Society exam.
• Required Skills and Abilities: Excellent organizational, oral, and written communication, and analytical or critical thinking skills.
• Knowledge of mathematical and statistical concepts with the ability to use complex mathematical calculations.
• Ability to handle confidential or sensitive information with discretion.
• Good judgment.
• Required Software and Tools: Microsoft Office.
• Preferred Education: Bachelor's degree-Mathematics or Statistics.
• Preferred Skills and Abilities: Presentation skills.
• Preferred Software and Other Tools: Computer programming skills.

Environment & Benefits

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.

Work Environment: Typical office environment.

Why Join Us

Welcome Here’s Your Smart Career Move 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.

Veteran Opportunities

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.

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.