Senior Group Actuary

Overview

Location: This position is full-time and remote from anywhere in the U.S.

The Senior Advisory Actuary plays a critical role in overseeing and enhancing actuarial reporting systems, ensuring the accuracy and integrity of actuarial analyses. This position involves leading a team of actuaries in the preparation and summarization of actuarial reports, delivering insightful recommendations based on comprehensive data analysis. Additionally, the Senior Advisory Actuary is responsible for rendering annual statement opinions and providing signature approvals, contributing to the organization's strategic decision-making and compliance with regulatory standards.

• Compiles monthly and quarterly actuarial reports. Performs profitability analysis and determination of appropriate level and rates for various lines of business. Reviews rating bureau changes, making premium comparisons with competing companies and adjusting prior company experience to reflect future contingent liabilities for the purpose of pricing a revision to an existing product or rate level.
• Correctly prepares and documents rate filings and other submissions to state regulatory authorities. Files rate, rule, and form revisions along with annual required filings. Completes ad hoc reporting for financial and insurance data by state insurance departments, and provides input to state insurance departments on proposed legislation.
• Develops actuarial computer models and technically supports the actuarial staff. Serves as a liaison to the information systems department.
• Accurately determines bulk loss and loss expense reserves for reported and unreported liabilities. Establishes the review of various methodologies used to promulgate these reserves as well as provide both written and oral support of carried reserves to regulators, independent actuaries and auditors, and other examiners. Recommends follow-up studies as needed.
• Directs, motivates, and develops other Actuarial Team members.

• Required
  
  Education:
  
  Bachelor's degree - Statistics/Biostatistics, Mathematics, Accounting, Finance, Economics, or other job-related field.
• Required Experience: 9 years-actuarial experience
• Required
  
  Skills and Abilities:
  
  Knowledge of actuarial principles, procedures, and regulations. Strong mathematical and analytical skills. Excellent communication and organizational skills with the ability to effectively prioritize. Ability to handle confidential or sensitive information with discretion. Strong analytical, problem solving, and model development skills. Good judgment.
• Required Licenses and Certificates: Fellow of the Casualty Actuarial Society or the Society of Actuaries.

• Preferred
  
  Work Experience:
  
  10 years-actuarial and information technology experience.
• (Highly) Preferred
  
  Skills and Abilities:
  
  Computer programming skills SQL.

Work Environment: Typical office environment. May work from home (Remote).

• 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.

After submitting your application, our recruiting team members will review your resume to ensure you meet the qualifications. This may include a brief telephone interview or email communication with our recruiter to verify resume specifics and salary requirements.

Blue Cross Blue Shield 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…