Sr Managing Actuary

Health Care Service Corp.; Richardson (TX); Hybrid; USD 112,200 - 202,600; Full time

Benefits offered by this job

Health and wellness benefits

401(k) savings plan

Pension plan

Paid time off

Tuition reimbursement

Job summary

Health Care Service Corp. is seeking an experienced actuary responsible for managing the implementation and maintenance of actuarial models. This role requires at least 5 years of experience in health insurance and involves critical review and development of models.

The ideal candidate will be proficient in communication, PC applications, and must hold a Bachelor’s degree along with ASA and MAAA certifications. The position offers a hybrid work arrangement and a comprehensive benefits package.

Qualifications

• Bachelor's degree required.
• ASA and MAAA compliance.
• 5+ years of actuarial experience in health insurance.
• 2+ years of management experience.

Responsibilities

• Manage actuarial models and systems.
• Develop complex actuarial models.
• Prepare documentation and presentations.
• Oversee projects with non-actuarial departments.

Skills

Excellent verbal and written communication skills

Proficiency in PC applications (Word, Excel)

Education

Bachelor's degree in Actuarial Science, Mathematics, Statistics, or Economics

Tools

SQL

Visual Basic

Job description

At HCSC, employees are the cornerstone of our business and the foundation to our success. We empower employees with curated development plans that foster growth and promote rewarding, fulfilling careers.

Job Summary

This position is responsible for managing the implementation, maintenance, and critical review of actuarial models, studies, and systems used for pricing, underwriting, statistics, reserving, forecasting, and other actuarial functions. The role includes developing complex models, providing training, presenting findings, and managing multi‑departmental projects that may involve external partners. The incumbent must demonstrate a deep understanding of multiple actuarial areas and at least one business segment.

Responsibilities

• Implement, maintain, and critically review actuarial models and systems.
• Develop complicated models and design training materials for model development.
• Create written and oral presentations to support decision‑making.
• Manage day‑to‑day projects involving non‑actuarial departments and external parties.
• Ensure compliance with actuarial and professional standards.

Required Qualifications

• Bachelor’s 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) with compliance to membership requirements.
• At least 5 years of actuarial experience in health insurance or a related field.
• At least 2 years of management or lead capacity.
• Excellent verbal and written communication skills; ability to prepare effective documentation and facilitate training.
• Proficiency in PC applications, including Word and Excel.

Preferred Qualifications

• SQL, Visual Basic, or other programming skills.
• Experience in Medicaid.

Work Arrangement

This is a hybrid role requiring a presence in the office three days a week.

Compensation and Benefits

Base Pay Range: $112,200.00 – $202,600.00 (exact compensation may vary based on skills, experience, and location). The role aligns with an annual incentive bonus plan. Benefits include 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, and additional incentives.

Equal Opportunity Employment

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.