Managing Actuary

HCSC; Albuquerque (NM); Hybrid; USD 102,000 - 184,000; Full time

Benefits offered by this job

Flex hybrid work model

Offsite/remote work option

Job summary

Health Care Service Corporation (HCSC) seeks an experienced actuary to lead the development, implementation and review of models used for pricing, underwriting, statistics, reserving and forecasting. You will develop complex models, create presentations, and drive decision making while mentoring teams across departments.

Required ASA/MAAA, a bachelor’s in actuarial science or related field, and 4+ years in health insurance actuarial work.

Qualifications

• Bachelor degree in Actuarial Science, Mathematics, Statistics or Economics.
• ASA and Membership in the American Academy of Actuaries (MAAA) compliance.
• At least 4 years actuarial experience in health insurance or related field.
• Excellent verbal and written communication skills.
• Proficient in Word and Excel.

Responsibilities

• Manage implementation and maintenance of actuarial models and systems for pricing, underwriting, statistics, reserving and forecasting.
• Develop complex models and present findings to drive decision making.
• Lead day-to-day projects that may involve non actuarial departments.
• Demonstrate deep knowledge in one actuarial area or business segment.

Skills

Verbal/written communication

PC proficiency (Word & Excel)

Actuarial experience

Education

Bachelor degree in Actuarial Science/Math/Statistics/Economics

ASA and MAAA membership

Tools

SAS

R

SQL

Job description

Flex

IL - Chicago

Tulsa Oklahoma HQ (1400 S. Boston Avenue)

Helena Montana HQ (3645 Alice Street)

Richardson Texas HQ (1001 E. Lookout Drive)

Albuquerque New Mexico HQ (5701 Balloon Fiesta Parkway)

Full time

Job Summary

This position is responsible for managing the implementation, maintenance and critical review and analysis of models, studies and systems which use actuarial principles for the purposes of pricing, underwriting, statistics, reserving, forecasting and other actuarial functions; developing complicated models and teaching others how to develop models. Developing written and oral presentations that drive the delivery of information for decision making; and managing day-to-day projects that may include non-actuarial departments. Must also possess and demonstrate a deep understanding of one actuarial area or business segment.

Required Job Qualifications:

• Bachelor degree in Actuarial Science, Mathematics, Statistics or Economics. Other Bachelor (or higher) Degrees may be considered.


• Associate of the Society of Actuaries (ASA) and Membership in the American Academy of Actuaries (MAAA). Compliance with the membership requirements for each professional designation.


• At least 4 years of actuarial experience in the health insurance or related field.


• Verbal and written communications skills to prepare effective documentation, facilitate training and development, and participate in presentations.


• PC proficiency to include Word and Excel.

Preferred Job Qualifications:

• Commercial/IFM experience preferred


• Value Based Care Experience a plus


• Health insurance/managed care experience preferred


• SQL experience preferred


• SAS, R, or other programming experience


• Strong analytical and data modeling skills


• Advanced Excel and PowerPoint proficiency


• Experience analyzing large healthcare datasets

Sponsorship is not available.

This is a Flex (Hybrid) role: 3 days in office; 2 days remote

Pay Transparency Statement:

At Health Care Service Corporation, you will be part of an organization committed to offering meaningful benefits to our employees to support their life outside of work. From health and wellness benefits, 401(k) savings plan, pension plan, paid time off, paid parental leave, disability insurance, supplemental life insurance, employee assistance program, paid holidays, tuition reimbursement, plus other incentives, we offer a robust total rewards package for employees. Learn more about our benefit offerings by visiting https://careers.hcsc.com/totalrewards .

The compensation offered will vary depending on your job-related skills, education, knowledge, and experience. This role aligns with an annual incentive bonus plan subject to the terms and the conditions of the plan.

Flex employees are expected to be in the office a minimum of three days a week. Management will have discretion to modify an employee's weekly schedule for exigent circumstances.

HCSC Employment Statement:

We are an Equal Opportunity Employment employer dedicated to providing a welcoming environment where the unique differences of our employees are respected and valued. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other legally protected characteristics. We are a drug-free and smoke-free workplace. Employment may be contingent upon successful completion of drug screening in accordance with applicable law.

Base Pay Range

$102,000.00 - $184,300.00

Exact compensation may vary based on skills, experience, and location.

For more than 80 years, HCSC has been dedicated to expanding access to high-quality, cost-effective health care and equipping our members with information and tools to make the best health care decisions for themselves and their families. As an industry leader, HCSC also has been helping to make the health care system work better for all Americans. To remain a leader, we offer compelling careers that encourage resourcefulness, strategic thought and empower you to make a difference in the lives of our members and their communities.

Today, with the industry at an important crossroad, HCSC is reimagining health care and looking for original thinkers who aren’t afraid to make innovative contributions. We are an Equal Opportunity Employment employer dedicated to workforce diversity and a drug-free and smoke-free workplace. Learn more about HCSC, our commitment to our members and the opportunity you’ll have to improve health care delivery in an open, collaborative environment.

HCSC is committed to diversity in the workplace and to providing equal opportunity to employees and applicants.

Copyright 2025 Health Care Service Corporation. All Rights Reserved.

Blue Cross and Blue Shield of Illinois, Blue Cross and Blue Shield of Montana, Blue Cross and Blue Shield of New Mexico, Blue Cross and Blue Shield of Oklahoma, and Blue Cross and Blue Shield of Texas,

Divisions of Health Care Service Corporation, a Mutual Legal Reserve Company, and Independent Licensee of the Blue Cross and Blue Shield Association

If you are an individual with a disability or a disabled veteran and need an accommodation or assistance in either using the Careers website or completing the application process, you can call us at 1-866-977-7378 to request reasonable accommodations.

Please note that only requests for accommodations in the application process will be returned. All applications, including resumes, must be submitted through HCSC's Career website on-line application process. If you have general questions regarding the status of an existing application, navigate to "candidate home" to view your job submissions.