Health Care Service Corporation

Sr Managing Actuary

Health Care Service Corporation$112K — $202K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, or Economics; other degrees may be considered.
  • Associate of the Society of Actuaries (ASA) and Membership in the American Academy of Actuaries (MAAA).
  • Minimum 5 years of actuarial experience in health insurance or related fields.
  • At least 2 years in a management or lead role.
  • Strong verbal and written communication skills for documentation and presentations.
  • Proficiency in Word and Excel.

Responsibilities

  • Manage implementation and maintenance of actuarial models and systems.
  • Analyze and review models and studies using actuarial principles.
  • Develop complex models and instruct others in model development.
  • Create written and oral presentations to support decision-making processes.
  • Oversee complex day-to-day projects involving non-actuarial departments and external parties.
  • Demonstrate a deep understanding of multiple actuarial areas and at least one business segment.

Benefits

  • Health and wellness benefits.
  • 401(k) savings plan and pension plan.
  • Paid time off and paid parental leave.
  • Disability insurance and supplemental life insurance.
  • Employee assistance program and paid holidays.
  • Tuition reimbursement and additional incentives.
Full Job Description
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 complex day-to day projects that may include non-actuarial departments and external parties. Must also possess and demonstrate a deep understanding of multiple actuarial areas and at least one 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 5 years of actuarial experience in the health insurance or related field.
  • At least 2 years of experience in management/ lead capacity
  • 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:
  • SQL, Visual Basic or other programming skills.
  • Medicaid experience is welcome


Please note that this role is HYBRID with an in-office requirement of 3 days a week

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Are you being referred to one of our roles? If so, ask your connection at HCSC about our Employee Referral process!

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.

Base Pay Range
$112,200.00 - $202,600.00

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

About Health Care Service Corporation

Health Care Service Corporation (HCSC) is the largest customer-owned health insurer in the United States. HCSC offers a wide variety of health insurance products and related services, through its operating divisions and subsidiaries in Illinois, Montana, New Mexico, Oklahoma and Texas. HCSC's headquarters is located in Chicago, Illinois.
Learn more about Health Care Service Corporation
Size
24,000 employees
Industry
Founded
1936

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