Actuary Job Description Samples

Results for the star of Actuary

Director & Actuary

Description: HCSC is committed to diversity in the workplace and to providing equal opportunity and affirmative action to employees and applicants.We are an Equal Opportunity Employment / Affirmative Action employer dedicated to workforce diversity and a drug-free and smoke-free workplace.

Drug screening and background investigation are required, as allowed by law. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status. If you are an individual with a disability or a disabled veteran and need an accommodation or assistance in either using the Careers website or completing the application process, you can email us here to request reasonable accommodations.

Please note that only requests for accommodations in the application process will be returned. All applications, including resumes, must be submitted through HCSC's Career website on-line application process. If you have general questions regarding the status of an existing application, navigate to "my account" and click on "View your job submissions". BASIC FUNCTION:This position is responsible for the pricing and profitability for an assigned block or line of business to assure the fulfillment of corporate financial and operational objectives.

Assumes primary actuarial responsibility for a product, market segment, or line of business. Develops pricing formulas, monitors experience, provides forecasts, or produces valuation reserves for the small group and mid-markets lives up to 150. JOB REQUIREMENTS:* Bachelor degree in Actuarial Science, Mathematics, Statistics, * Fellowship in the Society of Actuaries (FSA), including completion of Fellowship Admission Course (FAC). Membership in the American Academy of Actuaries (MAAA). In place of attainment of FSA, 6 years actuarial experience at the ASA level may be substituted.* 7 years of actuarial experience , including at least 3 years at the FSA level, * 3 or more years of supervisory experience.* 6 years experience in small group and mid-markets including at least 1 year at the FSA level.

  • Experience in at least 3 areas: actuarial pricing; underwriting; statistical modeling; analytics; networks; forecasting; and reserve systems. PREFERRED JOB REQUIREMENTS:* 2+ years’ experience with reporting or analysis of Government Business

  • Prior experience with Medicare or Commercial Risk adjustment* 2+ years’ experience with financial analysis

  • Actuarial or pricing experience

  • Consulting skills, team building skills, meeting facilitation skills, and presentation skills

  • Ability to manage work activities and teams in a complex, rapidly changing, geographically disperse environment.

  • Prior experience building statistical models or measuring program effectiveness CB Location: TX - Richardson Activation Date:

    Wednesday, February 1, 2017 Expiration Date: Thursday, June 1, 2017 Apply Here

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Variable Annuity Modeling Infrastructure Actuary Lead

Job FamilyGeneral Actuarial Job Description SummaryTransamerica is looking for a detailed, creative, outside the box leader to join the Variable Annuity Valuation Team. The right candidate will be eager to bring their insight and expertise to a team focused on products with living and death benefit guarantees. If you are interesting in joining an organization that is passionate about the impact we make in our customer’s lives, apply now!Job Description

  • Performs responsibilities as model supervisor of the ALFA VA modeling: oversee/lead implementation new products/product features or enhancements, assumption and/or methodology changes, lead development of requirements through an understanding of variable annuities and the code and architecture of the ALFA VA models and inforce files.

  • Perform administrative responsibilities as model supervisor of the ALFA model databases, including review and approval of estimated financial impacts (EFIs), understand and recommend resolution for model issues impacting all VA models, coordinating with Risk with regard to audits of the models.

  • Lead the quarterly updates to ALFA with model owners and developers and also completes any required papers for ALFA modeling items and coordinates model specific items with model owners.

  • Thoroughly understands and follows appropriate change management and governance processes.

  • Ensures economic and policyholder behavior assumptions and modeling methods are thoroughly defined for implementation into the variable annuity ALFA models, representing the models and collaborating with other teams as needed (i.e. developers, model owners, inforce creation, experience studies, etc.).

  • Lead the updating and maintenance of the Assumption and Methodology Repository for variable annuity related items.

  • The Variable Annuity Model Lead will have a high level of cross functional visibility across the organization, inclusive of management, model owners, CMO, etc. Qualifications: + FSA or equivalent professional designation along with Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field and 7 years of relevant experience.

  • In lieu of Bachelor's, will accept Master's in a listed discipline and 5 years of relevant experience.

  • In lieu of FSA will accept ASA or equivalent professional designation and 12 years of relevant experience. Preferred Qualifications: + Knowledge of Variable Annuity guarantees, IFRS and statutory valuation, and actuarial modeling software is preferred. Behavioral and Leadership Competencies: + Effectively communicates, both verbally and in writing, advanced mathematical and analytical concepts to various audiences.

  • Works well under pressure and within time constraints to effectively accomplish individual and team objectives.

  • Demonstrates high quality leadership, judgment, organization and prioritization skills. Working Conditions: + Normal office environment.

    Limited travel may be required. Why Work for Us Total Rewards at Transamerica: It’s more than a paycheck.

    Our comprehensive Total Rewards package is designed to help support you in many ways — throughout all stages of your life and career. We provide a competitive, market-driven program that encompasses base compensation, bonus potential, retirement, health and wellness benefits, learning and development opportunities, plus great employee perks. All designed with you in mind… to help you live your best life, grow personally and professionally - and feel valued for the work you do.

    Learn more about our Total Rewards Package. Equal Opportunity Employer: Transamerica Life Insurance Company is an Equal Employment Opportunity employer and does not discriminate against any applicant or employee because of age, religion, sex, gender identity, genetic information, race, color, national origin, pregnancy, sexual orientation, marital status, participation in the uniformed services (e.g.

    U.S. Armed Forces, National Guard), physical or mental disability, or any other status protected by federal, state, or local equal employment opportunities laws.

    AEGON USA Realty Advisors, LLC, is an Equal Employment Opportunity/ Affirmative Action Employer and does not discriminate against any applicant or employee because of age, religion, sex, gender identity, genetic information, race, color, national origin, pregnancy, sexual orientation, marital status, participation in the uniformed services (e.g.

    U.S. Armed Forces, National Guard), physical or mental disability, or any other status protected by federal, state, or local equal employment opportunities laws.

    Applicants with physical or mental disabilities may be entitled to a form of reasonable accommodation under the Americans with Disabilities Act and certain state and local laws.

    A reasonable accommodation is a change in the way things are normally done which will insure equal employment opportunity without imposing undue hardship on the Transamerica Companies. Please contact: applicantsupport@transamerica.com if you are a job seeker with a disability, or are assisting someone with a disability, and require assistance to apply for one of our jobs. Technical Assistance:

    If you experience technical problems during the application process, please email applicantsupport@transamerica.com. At Transamerica, hard work, innovative thinking and personal accountability are qualities that we honor and reward. We understand the potential that is unleashed by leveraging the talents of a diverse workforce.

    We embrace an environment where employees enjoy a balance between their careers, families, communities and personal interests. Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment focused on helping customers secure their long-term financial futures. Transamerica is a part of AEGON, an international life insurance, pension, and asset management company.

    The AEGON companies employ approximately 28,000 people and have a strong presence in more than 20 countries across the globe. For more information, visit www.transamerica.com.

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Pricing Actuary

Description:

COMPANY OVERVIEW: Since 1918, it has been TIAA’s mission to serve, our ability to perform and the values we embrace that make us a different kind of financial services organization. We’re dedicated to serving the financial needs of those in the academic, medical, cultural, governmental and research fields, and committed to helping make lifetime financial well-being possible for them.

By building a culture that allows all employees to contribute their unique talents and skills, we’re able to provide our customers with fresh ideas and distinct perspectives to help them achieve their goals. We believe a diverse and inclusive workforce is one of our greatest strengths and a key measure of our success * . For more information about TIAA, visit our website at https://www.tiaa.org/public/why-tiaa/who-we-are .

POSITION SUMMARY: A retirement product actuary is sought to provide all actuarial aspects of design, pricing and development of new and in-force retirement products. The actuary will recommend product prices and features, support implementation of product changes, manage the interest rate setting process for certain products, monitor the performance of those products, and provide support to various business areas.

KEY RESPONSIBILITIES AND DUTIES: + Primary responsibility is to provide actuarial aspects of design, pricing and development of new and in-force retirement products for the Institutional business and for IRA products within the Individual business + Support implementation of new products and changes to in-force products + Manage the interest rate setting process for certain retirement products + Monitor product performance, report key actionable information, and identify and resolve issues in partnership with product managers + Provide actuarial support for nonqualified annuity products within the Individual business + Serve as retirement product subject matter expert in collaboration with key business partners in various business areas such as product management, asset management, risk management, actuarial services, operations, finance, marketing, sales, IT, and others Qualifications:



QUALIFICATIONS: Basic Qualifications (Required): + 5 or more years of actuarial experience required + Fellow of the Society of Actuaries (FSA) required, or on a path to attain within 6 months Preferred Qualifications (Desired): + Pension experience, in particular the use of annuities within defined contribution plans, preferred + Experience in product pricing, development or modeling preferred + Theoretical and logical analytical skills for decision making + Strong verbal, written and presentation skills Equal Employment Opportunity is not just the law, it’s our commitment. Read more about the Equal Employment Opportunity Law at http://www1.eeoc.gov/employers/upload/eeoc_self_print_poster.pdf . If you need assistance applying due to being visually or hearing impaired, please email Careers Help . We are an Equal Opportunity/Affirmative Action Employer. We will consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status. * ©2016 Teachers Insurance and Annuity Association of America (TIAA), 730 Third Avenue, New York, NY 10017 C23921

Job:

Finance

Primary Location: NY-New York

Req ID: 1708841



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Actuary Student Program (Pre-Asa / ASA / Pre-Fsa)- Multiple Positions Available

Description: Known for its strength and stability Mutual of Omaha is made up of quality, engaged individuals from all backgrounds and walks of life. We ve made it a priority to create a culture where everyone feels included, valued and empowered. Release your potential and begin a rewarding career with us. We are seeking top talent for our Mutual Actuarial Program (MAP). The Mutual Actuarial Program includes support towards your study materials, exams, and paid study time. These individuals will provide analytical actuarial support that will contribute to the achievement of corporate profitability and growth through effective planning and development of actuarial information and data. Mutual of Omaha offers actuarial opportunities in the following departments: + Capital Management + Enterprise Risk Management + Group Insurance + Group Valuation

  • Health & Accident Modeling

  • Health & Accident Pricing and Product Performance + Individual Valuation

  • Life & Annuity Modeling

  • Life & Annuity Pricing and Product Performance + Medicare Supplement Pricing and Product Performance + Retirement Plans Division

  • Special Risk Product Pricing and Performance

Essential Functions:Actuarial Assistant + Analyze product financial and non-financial data to identify trends or indicators and make recommendations based on the analysis of the results.

  • Generate and verify data related to various exhibits and reports, applying actuarial and mathematical concepts, formula and computer capabilities as necessary for completion of duties.

  • Provide updates concerning Company actuarial information for various internal & external clients.

  • Conduct special analytical projects related to the management of both financial and non-financial aspects of the product or product groupings. Senior Actuarial Assistant + Analyze product financial and non-financial data to identify trends or indicators and make recommendations based on the analysis of the results.

  • Generate and verify data related to various exhibits and reports, applying actuarial and mathematical concepts, formula and computer capabilities as necessary for completion of duties.

  • Provide updates concerning Company actuarial information for various internal & external clients.

  • Conduct special analytical projects related to the management of both financial and non-financial aspects of the product or product grouping.

  • Assess financial impact of compliance changes and other environmental factors impacting the product or product grouping.

  • Assist in checking work of lower level actuarial staff. Actuarial Associate + Analyze financial and non-financial data to identify trends or indicators and make recommendations based on analysis of the results.

  • Generate and verify data related to various exhibits and reports, applying actuarial and mathematical concepts, formula and computer capabilities as necessary for completion of duties.

  • Provide updates concerning Company actuarial information for various internal & external clients.

  • Conduct special analytical projects related to the management of both financial and non-financial aspects of the product or product grouping.

  • Assess financial impact of compliance changes and other environmental factors impacting the product or product grouping.

  • Serve as actuarial project leader, responsible for project design, organization and coordination of all phases.

  • Assists the officer, manager or supervisor in planning, organizing, staffing, and/or leading including assigning and checking work, conducting on-the-job training, and providing input to performance appraisal(s) of lower level actuarial staff. In some areas, may directly supervise a group of lower level actuarial staff.

Qualifications

Minimum Qualifications:Actuarial Assistant + Successful completion of 2 exams offered by the Society of Actuaries is required, plus an ongoing commitment to attain a fellowship in the Society of Actuaries (FSA) + Data analysis experience in Microsoft Excel is required + Successful completion of an Internship or related experience is required + Bachelors/Masters in Actuarial Science, Economics, Statistics, and/or Mathematics is required Senior Actuarial Assistant + Successful completion of 3-5 exams offered by the Society of Actuaries is required, plus an ongoing commitment to attain a fellowship in the Society of Actuaries (FSA) + Data analysis experience in Microsoft Excel is required + Successful completion of an Internship or related experience is required + Bachelors/Masters in Actuarial Science, Economics, Statistics, and/or Mathematics is required Actuarial Associate + Successful completion of 5 exams offered by the Society of Actuaries and ASA, plus an ongoing commitment to attain a fellowship in the Society of Actuaries (FSA) + Data analysis experience in Microsoft Excel is required + Successful completion of an Internship or related experience is required + Bachelors/Masters in Actuarial Science, Economics, Statistics, and/or Mathematics is required

Preferred Qualifications: + Actuarial Software experience (ie: MG-ALFA, ARCVAL, etc) + Advanced experience with MS Access, Matlab, etc + Programming experience (ie: VBA, SQL, SAS, R, C , Java, etc) + Knowledge of insurance products and investments, banking products and asset characteristics, and stochastic modeling techniques + Knowledge of applicable valuation techniques and requirements + Good business judgment to identify experience trends and issues requiring modification in standard approaches or need to elevate risk concerns + Proven track record of taking accountability and ownership over work projects + Leadership, communication, presentation, and human relations skills + Creativity, awareness of emerging environmental and industry trends, and strong problem solving abilities using business oriented solutions If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at 1-800-780-0304. We are available Monday through Friday 7 am to 4 pm CST. For all other inquiries, contact our HR Helpline at 1-800-365-1405, option 4. Mutual of Omaha and its affiliates are an Equal Opportunity /Affirmative Action Employer, Minorities/Female/Disabled/Veteran To All Recruitment Agencies: We do not accept unsolicited agency resumes and we are not responsible for any fees related to unsolicited resumes.

Job:Mutual Actuarial Program

Location:NE-Omaha

Requisition ID:028816


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Senior Actuary

About Us: GE is the world's Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. Through our people, leadership development, services, technology and scale, GE delivers better outcomes for global customers by speaking the language of industry. GE offers a great work environment, professional development, challenging careers, and competitive compensation. GE is an Equal Opportunity Employer at http://www.ge.com/sites/default/files/15-000845%20EEO%20combined.pdf . Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.

Role Summary: Independently prepares, analyzes and communicates information required to successfully complete quarterly financial reporting, financial projections, experience reviews and other activities associated with a life and health insurance company. Provides training and oversight for junior staff members related primarily to life and annuity products.

Essential Responsibilities: + Independent application of advanced actuarial techniques to insurance and reinsurance.

  • Develop models, prepare studies, and review experience analyses of various product parameters for insurance products.

  • Prepare and analyze projections for future product performance used in various corporate analyses.

  • Develop, maintain, and run reserving models and explain the actuarial results of quarterly and annual financial Statutory and GAAP reporting.

  • Provide analysis of results for insurance and reinsurance business.

  • Prepare and review actuarial elements of Annual Statements for Insurance legal entities.

  • Support operations team in review of data. Understand, analyze, and reconcile actuarial inputs and outputs.

  • Document and peer review processes, corresponding justification, and alternatives for methodologies.

  • Communicate review and analysis results to all levels of internal and external actuaries.

  • Direct and/or support certain cash flow testing processes and other corporate actuarial projects. Qualifications/Requirements: Basic Qualifications: + Bachelor degree in Mathematics, Statistics, Actuarial Science or related field.

  • Active credentialed membership in Society of Actuaries or Canadian Institute of Actuaries.

  • Experience working with/working knowledge of Microsoft Office applications, particularly Excel, Access and PowerPoint.Eligibility Requirements: + Legal authorization to work in the U.S. is required. We will not sponsor individuals for employment visas for this job opening.

  • Must submit employment application through www.gecareers.com (external candidates) or COS (Internal candidates) to be considered for this job opening.

  • Must be willing to comply with pre-employment screening, including but not limited to drug testing, reference verification, and background check.

Desired Characteristics: + Five (5) or more years of life, annuity or health actuarial experience.

  • Strong technical knowledge of GAAP, Statutory and Tax reserving requirements.

  • Proven ability to learn quickly, and to apply known concepts to new situations.

  • Able to effectively and concisely communicate written, visual and verbal messages.

  • Ability to translate technical information to a non-technical audience.

  • Ability to analyze complex actuarial processes accurately using fact-based analysis.

  • Working knowledge of valuation/projection software and processes.

  • Demonstrated ability to work efficiently and accurately with large data sets.

  • Familiarity with preparation of insurance annual statement exhibits and filings.

  • Strong time management and organizational skills, ability to manage multiple tasks and work within time constraints.

  • Attention to detail.

Locations: United States; Kansas; Overland ParkGE offers a great work environment, professional development, challenging careers, and competitive compensation. GE is an Equal Opportunity Employer at http://www1.eeoc.gov/employers/upload/eeoc_self_print_poster.pdf . Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.GE will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditional upon the successful completion​ of a background investigation and drug screen.


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Actuary/Senior Actuary

11375BR

Title: Actuary/Senior Actuary

Target Openings: 1 Primary Job Duties & Responsibilities:

  • Rate Plans – evaluate and refine existing rate levels and rating structures

  • Forecasting – provide financial forecasts including assessment of risk vs return trade-off of different strategic actions

  • Prospecting - use analytics to identify opportunities for profitable growth

  • Rate Adequacy – responsible for Rate Adequacy across the Financial Institutions business unit.

  • Benchmarking - support for Pricing Tools including calibration and restatement

  • Special Projects - participation in actuarial projects that span across B&SI - Management – manage actuarial student

Job Opening ID: 11375BR

Equal Employment Opportunity Statement: Travelers is an equal opportunity employer.

Job Category:

Actuarial and Analytics

Job Summary: Bond & Specialty Insurance is seeking a highly motivated individual to provide actuarial pricing support for the Financial Institutions business unit ($400M Gross Written Premium in 2016). The Financial Institutions business unit offers Management Liability and Property & Casualty products to Financial Institutions including Community Banks, Large and Diversified Financial Institutions, Asset Managers, and Insurance Companies. The primary emphasis is supporting the Asset Management segment. Additional responsibilities include Rate Adequacy, Cyber Product Support, and Pricing Tools support.

Position Type: Experienced/Professional Education, Work Experience & Knowledge: College Degree in actuarial science, mathematics, economics or statistic or equivalent preferred. 7+ years of Actuarial/Analytic experience preferred. Understanding with base knowledge in complete range of actuarial functions, including but not limited to, reserving, pricing, business planning, financial reporting, management information, product development, reinsurance and database management.

Independent analysis of challenging business issues. Basic understanding of actuarial and other insurance related models (i.e. property CAT, ROE and RBC models). Strong understanding of financial reporting, both GAAP and Stat. Strong understanding of income statements and balance sheets.

Strong understanding of insurance products and marketplace conditions and how they impact financial models and results. Strong PC skills, Excel, Access, PowerPoint and Word. Sound understanding of databases and data extraction. Crisp and confident communication of analysis.

Physical Requirements: Operates standard office equipment. Sitting (can stand at will). Use of Keyboards, Sporadic 10-Key.

Minimum Qualifications: Bachelors degree or equivalent education required. 3 years analytics experience required. General knowledge of quantitative analysis required.

Company Information: Solid reputation, passionate people and endless opportunities. That's Travelers.

Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees. You will find Travelers to be full of energy and a workplace in which you truly can make a difference.

Licensing or Certificates: Associate Actuarial Credential required. Fellowship Actuarial Credential preferred.

Primary Location: Hartford

  • Connecticut

  • United States

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Analyst - Actuary

Support the company’s financial and growth goals through data mining and analysis that supports pricing and risk assumptions. • Under limited supervision, assists in the development of underwriting and pricing proposals for all CareCentrix Products, across all their lifetime cycles (from embryonic to maturity), for both Current and Prospective clients, including: o client data scrubbing and mining, o clinical/operational historical analysis, o claims reserving and trend assessment o operational modeling of production/administrative related tasks o clinical modeling of utilization management process and its impact o active interaction with stakeholders outside MedEcon for input collection o financial modeling for underwriting purposes • Updates actuarial pricing, reserving and forecasting models as directed • Establish consistent actuarial standards, methodologies and practices • Assists with establishment of financial/operational/clinical benchmarks • Under direct supervision, assists in the assessment of financial impact and outcomes • Analyzes health and financial information to develop insights that support business decision • Bachelor's degree in Actuarial Science, Math, Economics or similar field required. • Strong SQL experience is required. • 1 to 3 years academic or business experience preferably in the healthcare industry and/ or a technical role. Finance, economics, statistics, business or information systems preferred. • Microsoft Office Suite experience including but not limited to:

Excel, Access, PowerPoint, and Word. • Actuarial Exam Track (having passed one (1) or more actuarial exams) preferred, but not a must. CareCentrix maintains a drug-free workplace in accordance with Florida’s Drug Free Workplace Law. ID: 2016-2669 External Company URL: www.carecentrix.com



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Staff Actuary - Healthcare Division Support

Job Description: The Actuarial Department at Blue Cross Blue Shield of North Carolina (BCBSNC) is looking for motivated actuaries interested in transforming the healthcare delivery system to join our talented team on our Durham, North Carolina campus.

Actuaries desiring the opportunity to collaborate with providers, health systems and other industry stakeholders to ensure better quality and more affordable care for our members will be a great fit for this role. This role will be highly visible across the company and will be responsible for leading projects to support the company mission and vision to serve North Carolinian’s health care needs. • Serves as senior level Actuarial Services point of contact for Healthcare Division, including Network Management & Transformation, Corporate Pharmacy, Care Management Operations, and Medical Economics • Actively contributes to the success of the Actuarial Services team. • Responsible for supervising or handling highly complex actuarial modeling. • Consults with client base and is viewed as an expert in the field. • Leads and/or provides consultative support to assigned projects. • Makes presentations and/or presents findings to key constituents. • Responsible for enterprise actuarial functions including, but not limited to: o Medical and Pharmacy Trend analysis o Experience Studies o Provider network design and analysis o Value-based provider contract evaluations o Accountable Care Organization (ACO) development and implementation o Impact of internal and vendor led medical expense programs o Product innovation and pricing • Responsible for Actuarial support to the following divisions: o Healthcare Services o Sales, Marketing, and Communication o Finance o Legal, Compliance, and Government Affairs o Diversified Markets and Strategy • Continuing Education o Responsible for maintaining continuing education requirements as set by the appropriate Actuarial governing body (i.e. Society of Actuaries) o Prepares for and sits for examinations given by the Society Of Actuaries, if necessary • Has ability to supervise staff with authority to hire and fire.

If in a leadership position, provides guidance, feedback, development and direction to staff and develops and manages a high performing team. • Manages their staff members, who are participants in the Actuarial Development Program, to ensure they meet the ADP goals. Hiring Requirements • Bachelor’s degree • Seven years of actuarial experience is required. • FSA, MAAA • Note: a candidate with ASA and MAAA with at least 9 years of relevant actuarial experience may also be considered. Hiring Preferences • Experience leading projects or teams, and with provider network and medical expense program evaluations and value based contracting or Accountable Care Organization (ACO) development • Strong analytical skills • Strong people skills and the ability to be resourceful, as well as to make concise, independent and defensible decisions • Strong organizational skills, which allow the ability to function in an environment of multiple projects and deadlines • Strong communication skills • Strong skill set in the following applications:

Microsoft Excel, Word, Visual Basic, and PowerPoint It's an exciting time to work at Blue Cross and Blue Shield of North Carolina. Health care is changing, and we're leading the way. We offer more than health insurance our customers can count on.

We’re committed to better health and better health care − in our communities and beyond. Our employees bring energy and creativity to the workplace, and it shows in our innovative approach to improving the health and well-being of North Carolinians. Our company is a not-for-profit with headquarters in Durham and major operations in Winston-Salem and Fayetteville.

In all we employ more than 4,500 North Carolinians and serve more than 3.7 million customers. Help us lead the charge for better health care by joining our award-winning team. Discover tremendous opportunities with us to do challenging and rewarding work. Opportunities that can lead you to a fulfilling career, work that can help others lead healthier, happier lives.



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Sr. Government Health Actuarial Consultant - FSA

Description
Company Government Human Services Consulting (GHSC) specializes in assisting government-sponsored programs in becoming more efficient purchasers of health and welfare services. Company GHSC brings a team of consultants, clinicians, actuaries, analysts, and accountants to a project to assure a coordinated approach to the administrative, operational, actuarial, and financial components of public-sponsored health and welfare programs.
The Government Actuarial Consultant will lead the accurate and timely data and financial analysis on large and complex state managed health and welfare capitation projects.  The Government Actuarial Consultant will also to be the actuarial expert for projects and proposals, as well as the mentor for more junior actuarial staff and oversee their basic actuarial work. To fulfill this role, the Actuary will:

  • Serve as lead or co-lead actuary on large and complex state managed health and welfare capitation projects.  These capitation projects are commissioned by government entities to determine the rates that they will pay for health and welfare services covered by their plans. 
  • In conjunction with the project leader, work with the client to define the scope of the project.  Serve as expert on rate structure and methodology.  Ensure project consistent with federal regulations and actuarial standards.  Determine the appropriate data sources for the specific project's data analysis. 
  • Provide actuarial oversight and guidance in developing the data model
  • Develop the rate setting assumptions that are built into the data model and informs client and project team on impact of data assumptions.  Oversee data analysis that is conducted by junior staff members.  Provide on-going review and guidance during the data analysis process.  Review data analysis results for actuarial soundness.  Present client with sub analyses throughout project cycle. 
  • Collaborate with client team and project team to finalize rates. Educate client on the impact of their policies on the data and rates.
  • Draft project communications, including rate capitation letters.  Act as actuarial authority that signs and certifies rate capitation letters.
  • Present results and analysis to clients and key stakeholders.  During presentations, answer detailed and challenging questions regarding the data
  • Serve as either an actuarial project lead or lead project manager. 
  • Ensure project scope clearly defined, timelines clearly established, work allocated to staff members, project documents are completed and correct, keep project and client teams informed 
  • May direct the work of employees in a team and/or coach/mentor others
  • Participate in request for proposal (RFP) process.  Define approach to projects, methodology of data modeling and preliminary scope of actuarial work required to complete project.  Draft proposals defining suggested methodologies and estimated scope of work for RFPs.
  • Stay current on Health Policy environment and consider the implication of policy, law, political, etc. changes impact client and client's programs
  • Develop intellectual capital, which may include policy discussion with others, design of new data model or tool, or research
Qualifications
  • BA/BS degree
  • Minimum seven years health benefit or relevant actuarial experience
  • Strong analytical and mathematical skills; strong command of Excel
  • Excellent interpersonal skills; strong oral and written communication skills
  • Ability to prioritize and handle multiple tasks in a demanding work environment
  • Strong critical thinking and analytical problem-solving skills
  • Ability to work independently and on a team
  • Must have passed at least three preliminary Society of Actuaries (SOA) exam, and plan to continue taking exams

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Senior Professional Actuary

Description:

Essential Job Functions

  • Answer complex policy questions from policy owners, complete manual annual statements and illustrations.

  • Assist with system conversions and post conversion clean up including analyzing why policies are out of balance.

  • Summarizes and prepares reports to advise management of implications of analyses with regard to potential risk issues; recommends potential courses of action and follows through on recommendations as approved.

  • Advises management on the administration of insurance scenarios to reduce liabilities and ensure regulatory compliance.

  • Interacts with clients to gather information regarding circumstances and potential risks in order to ensure clients are properly informed about insurance risks. Designs and implements products that meet client specific needs as appropriate.

  • Works with information technology professionals to develop systems to ensure compliance with requirements of regulatory bodies. Oversees product implementation process, ensuring solution integrates properly, costs are justified and appropriate. .

  • Provides data and information to appropriate public agencies or agents regarding liability or regulatory compliances.

  • Provides advice and counsel to others within the organization concerning insurance risk; creates recommendations regarding appropriate courses of action.

Qualifications

Basic Qualifications

  • Bachelor's degree or equivalent combination of education and experience

  • Bachelor's degree in actuarial sciences or related field preferred

  • Six or more years of actuarial experience

  • Experience working with actuarial statistical methods

  • Experience working with insurance practices and regulatory policies

  • Experience working with organizational insurance procedures and policies

  • Experience working with insurance technology applications and software

Other Qualifications

  • Good communication skills

  • Good computer and statistical equipment skills

  • Organization and planning skills

  • Strong analytical and problem solving skills

  • Ability to work independently

  • Ability to create and present actuarial science reports of findings

DXC Technology is an Equal Opportunity/Affirmative Action employer. All qualified candidates will receive consideration for employment without regard to disability, protected veteran status, race, color, religious creed, national origin,

citizenship, marital status, sex, sexual orientation/gender identity, age (40 or over), or genetic information. DXC's commitment to diversity and inclusive selection practices includes ensuring qualified long-term unemployed job seekers

receive equal consideration for employment.


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