Supervisor, Actuarial

Summary Description Utilizes basic actuarial techniques to analyze reserve levels for direct and net loss and loss adjustment expense reserves. Determines monthly incurred but not reported (IBNR) reserve level changes based on analysis, changes in premium levels, and changes in reinsurance. Performs rate level analysis by line of business and supervises completion of periodic impact studies and state filings required to implement rating changes. Prepares and documents data submissions and reporting to external actuaries and regulatory authorities. This includes but is not limited to completion of Annual Statement Schedule P, quarterly reserve development schedules, and work with external and internal auditors, actuaries, and examiners. Applies analysis skills to design and maintain reports to assist management in decisions regarding reinsurance, profitability, growth, reserving, and other areas as needed. Assigns/delegates the work of the actuarial assistants, trains them in their duties, and reviews their work. Required Education: Bachelors in a job-related field Specialized Training: Successful completion of 5 Society of Actuaries or Casualty Actuarial Society exams. Each additional exam completed may substitute one year of required work experience (prerequisites excluded). Required Work Experience: 5 Years actuarial experience with successful completion of 5 Society of Actuaries or Casualty Actuarial Society exams (prerequisites excluded) OR 3 years actuarial experience with Associate of the Society of Actuaries (ASA) or Associate of the Casualty Actuarial society (ACAS) designation. Required Skills and Abilities: Strong analytical and decision-making skills. Ability to organize, prioritize, and effectively coordinate. Effective communication skills. Knowledge of actuarial principles, procedures, and regulations. Strong mathematical and analytical skills. Ability to handle confidential or sensitive information with discretion. Able to work independently and in a team environment. Required Software and Tools: Microsoft Office. We participate in E-Verify and comply with the Pay Transparency Nondiscrimination Provision. We are an Equal Opportunity Employer. Some states have required notifications. Here's more information . Equal Employment Opportunity Statement BlueCross BlueShield 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 information or any other legally protected status. Additionally, as a federal contractor, the company maintains Affirmative Action programs to promote employment opportunities for minorities, females, disabled individuals and veterans. It is our policy to provide equal opportunities in all phases of the employment process and to comply with applicable federal, state and local laws and regulations. We are committed to working with and providing reasonable accommodations to individuals with physical and mental disabilities. If you need special assistance or an accommodation while seeking employment, please e-mail mycareer.help@bcbssc.com or call 1-800-288-2227, ext. 47480 with the nature of your request. We will make a determination regarding your request for reasonable accommodation on a case-by-case basis.