Financial Analyst

Ourhrconnect; Columbia (SC); On-site; USD 75,000 - 95,000; Full time

Benefits offered by this job

Health plans

401k match

Life Insurance

PTO

On-site cafeteria

Education assistance

Service recognition

Discount programs

Job summary

BlueCross BlueShield of South Carolina is seeking a Senior Financial Analyst to extract and report enrollment and financial data to develop competitive rates that meet profitability targets. You will support underwriting and actuarial teams through ad hoc reporting and monthly analyses, maintaining rating-system documentation and updating systems as needed.

The role requires a Bachelor's degree in a related field and about 5 years of experience in financial analysis and reporting, with a focus

Qualifications

• Bachelor's degree in a related field is required.
• 5 years of financial analysis and reporting experience.
• Experience analyzing competing programs to support pricing decisions.
• Develops actuarial computer models.
• Performs profitability analyses to set appropriate rates across lines of business.

Responsibilities

• Develops reporting for new product types.
• Maintains user tables and documentation for rating systems.
• Conducts ad hoc reporting and supports underwriting and actuarial staff as needed.
• Provides periodic system updates.
• Produces required monthly reports.

Skills

Financial analysis

Reporting

Pricing analysis

Actuarial modeling

Regulatory submissions

Profitability analysis

Education

Bachelor's degree in a related field

Job description

Summary: Extracts and reports enrollment and financial data used to develop competitive rates to achieve financial targets and reach profitability goals.

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!

Position Purpose

Extracts and reports enrollment and financial data used to develop competitive rates to achieve financial targets and reach profitability goals.

Location

This position is from 8:30am - 5pm Monday - Friday at 4101 Percival Road, Columbia, SC 29229.

Sponsorship

This position is not eligible for sponsorship now or in the future.

What You'll Do

• Develops reporting for new product types.
• Maintains user tables and documentation for rating systems.
• Conducts ad hoc reporting and provides support to underwriting and actuarial staff as needed.
• Provides periodic system updates.
• Produces required monthly reports.

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

• Required Education: Bachelor's in a job related field
• Required Work Experience: 5 Years Financial analysis and reporting.
• Skills and Abilities: Analyzes competing programs to assist with competitive pricing decisions.
• Develops actuarial computer model.
• Develops reporting for new product types.
• Documents submissions to state regulatory authorities, Performs profitability analysis to determine appropriate rates for various lines of business

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

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 or call , 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.

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