Senior Staff Actuary

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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 day-to day projects that may include non-Actuarial departments. Must also possess and demonstrate a deep understanding of one actuarial area or business segment.

Job Description:

• Develops complicated models and teaches others how to develop models. Ensures that the modeling is being done appropriately, efficiently and in a timely manner.
• Complies with all applicable compliance requirements and all Actuarial Standards of Practice.
• Communicates effectively within the Finance Division.  Ensures that presentations are accurate, effective, and completed on time.  Has ability to develop written and oral presentations that clearly drive the delivery of information for decision making.
• Represent Actuarial as Subject Matter Expert on assigned projects, leadership meetings and corporate committees.
• Coach less experienced actuarial staff.
• Maintain and further develop knowledge and skills for increasingly complex scenarios and models.
• Responsible for actuarial analysis, pricing and/or forecasting of a product, line, network or similar component (ex. state, line of business, market segment, product, tool, etc….)and final work product, including data, assumptions, methodology, limitations and recommendations  Provide actuarial report, opinion or finding as needed.
• Develops all internal (Actuarial) and external (other areas within the Company) relationships necessary to accomplish goals.
• Understands basic business and actuarial concepts and models. Deeply understands certain actuarial areas and/or at least one business segment.
• Manage projects that may include non-Actuarial departments by determining appropriate scenarios, data, assumptions, methodology, analysis, modeling, recommendations and next steps
• Ensures that continuous improvements are being made in the various work being managed.

Required Job Qualifications: 

• Bachelor’s 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.
• 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:

• Access, SQL, Visual Basic or other programming skills.

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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.

HCSC Employment Statement:

We are an Equal Opportunity Employment employer dedicated to providing a welcoming environment where the unique differences of our employees are respected and valued. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other legally protected characteristics.

Base Pay Range

$90,900.00 - $164,200.00