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Associate Actuary
BlueCross BlueShield of South CarolinaAssociate Actuary maintaining actuarial reporting systems and analyzing data for trends and profitability. Compiling reports and ensuring compliance with state regulations from a remote setting.
About the role
Key responsibilities & impact- Maintains actuarial reporting systems, analyzes data, summarizes findings, and provides recommendations to support key actuarial functions
- Compiles monthly and quarterly actuarial reports
- Extracts complex data into spreadsheet form
- Performs profitability analysis and determination of appropriate level and rates for various lines of business
- Reviews state insurance department rate filings, making premium comparisons with competing companies
- Correctly prepares and documents rate filings and other submissions to state regulatory authorities
- Completes ad hoc reporting for financial and insurance data by state insurance departments
- Develops actuarial computer models and technically supports the actuarial staff
- Serves as a liaison to the information systems department
- Accurately determines reserves for reported and unreported liabilities
- Establishes the review of various methodologies used to promulgate these reserves
- Directs, motivates, and develops other Actuarial Team members
Requirements
What you’ll need- Bachelor's degree in a job-related field
- An Associate of the Society of Actuaries (ASA) or Associate of the Casualty Actuarial Society (ACAS)
- 5 Years Actuarial experience
- 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
Benefits
Comp & perks- 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
ATS Keywords
✓ Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
actuarial reporting systemsdata analysisprofitability analysisrate filingsactuarial computer modelsreserves determinationmethodologies reviewad hoc reportingdata extractionfinancial analysis
Soft Skills
communication skillsorganizational skillsanalytical skillsmathematical skillsprioritizationdiscretionteam developmentmotivationliaison skillssupport skills
Certifications
Bachelor's degreeAssociate of the Society of Actuaries (ASA)Associate of the Casualty Actuarial Society (ACAS)