BlueCross BlueShield of South Carolina

Para Actuary - Financial Focus

Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a job-related field
  • 5+ years of financial analysis and reporting experience
  • Strong analytical skills to compare competing programs
  • Ability to develop actuarial computer models
  • Experience in documenting submissions to state regulatory authorities
  • Proficient in profitability analysis for rate determination

Responsibilities

  • Develop reporting for new product types
  • Maintain user tables and documentation for rating systems
  • Conduct ad hoc reporting for underwriting and actuarial support
  • Provide periodic system updates
  • Produce required monthly reports

Benefits

  • 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
  • National discounts to movies, theaters, zoos, theme parks and more
Full Job Description

Summary

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

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.

WhatYoullDo:

  • 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 QualifyForThis Position, Youll NeedThe Following:

  • Required Education: Bachelors 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 decisionsDevelops actuarial computer model.Develops reporting for new product typesDocuments submissions to state regulatory authoritiesPerforms profitability analysis to determine appropriate rates for various lines of business

OurComprehensiveBenefitsPackageIncludesTheFollowing:

We offer our employees great benefits and rewards.You will be eligible toparticipateinourbenefitsprogramthe first of the month following28 daysof employment.

  • Subsidized health plans, dental and vision coverage

  • 401kretirement savings plan with company match

  • Life Insurance

  • Paid Time Off (PTO)

  • On-site cafeterias and fitness centers in major locations

  • EducationAssistance

  • 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 spectrumshave the opportunity todevelop their skills, advance their careers and contribute their unique abilities to the growth of our company.

WhatTo Expect Next:

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.

About BlueCross BlueShield of South Carolina

BlueCross BlueShield of South Carolina is a health insurance company that provides coverage to over 5 million people in South Carolina and beyond. The company was founded in 1946 and is headquartered in Columbia, South Carolina. BlueCross BlueShield of South Carolina offers a variety of health insurance plans, including individual and family plans, Medicare plans, and employer-sponsored plans. The company is committed to improving the health of its members and the communities it serves, with initiatives focused on wellness, disease prevention, and access to care. BlueCross BlueShield of South Carolina is a subsidiary of the Blue Cross Blue Shield Association, a national federation of 36 independent, community-based and locally operated Blue Cross Blue Shield companies.
Learn more about BlueCross BlueShield of South Carolina
Size
12,000 employees
Industry

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