Associate Actuary

001 BlueCross and BlueShield of South Carolina; Columbia (SC); On-site; USD 70,000 - 110,000; Full time

Benefits offered by this job

Health plans and benefits

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 an Associate Actuary for its Columbia, SC location. This position is not eligible for sponsorship now or in the future. There are multiple positions available.

We are one of the nation’s leading administrators of government contracts and a major insurer in South Carolina. You will join a premier actuarial team in a respected organization. The role includes compiling actuarial reports, analyzing risk levels, reviewing rating bureau changes, and

Qualifications

• Bachelor's degree in Statistics, Mathematics, Finance, or Economics; foreign equivalent accepted.
• Must have attained one of the following: FCAS, ASA, or ACAS designation.

Responsibilities

• Compiles actuarial reports.
• Performs analysis and determination of risk levels and rates.
• Reviews rating bureau changes.
• Prepares rate filings.
• Determines bulk loss and loss expense reserves for reported/unreported liabilities.
• Reviews various methodologies used to promulgate reserves.

Skills

Analytical thinking

Communication

Mathematical proficiency

Education

Bachelor's degree in Statistics, Mathematics, Finance, or Economics

FCAS/ASA/ACAS designation

Job description

Summary Description BlueCross BlueShield of South Carolina seeks an Associate Actuary for its Columbia, SC location. This position is not eligible for sponsorship now or in the future. There are multiple positions available. 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!

What You’ll Do

• Compiles actuarial reports.
• Performs analysis and determination of risk levels and rates.
• Reviews rating bureau changes.
• Prepares rate filings.
• Determines bulk loss and loss expense reserves for reported/unreported liabilities.
• Reviews various methodologies used to promulgate reserves.

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

• Bachelor's degree in Statistics, Mathematics, Finance, or Economics; foreign equivalent accepted.
• Must have attained one of the following: FCAS, ASA, or ACAS designation.

We Prefer That You Have The Following

• 12 months experience as an Actuary.

Benefits

Our comprehensive benefits package includes the following:

• 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

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.