Full-Time

Senior Managing Actuary

Montana State Plan Actuary

Confirmed live in the last 24 hours

HCSC

HCSC

Health insurance provider in multiple states

Financial Services
Healthcare

Compensation Overview

$107.3k - $193.8kAnnually

Senior

Helena, MT, USA

Hybrid position requiring in-office presence.

Category
Insurance
Finance & Banking
Requirements
  • 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.
Responsibilities
  • Develops advanced models and processes for complicated scenarios 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 across the company. 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.
  • Develops and strengthens all internal (Actuarial) and external (other areas within the Company) relationships necessary to accomplish goals.
  • Deeply understands basic actuarial concepts and models. Deeply understands multiple actuarial areas and at least one business segment.
  • Manages complex day to day projects that include non-Actuarial departments and possible external parties as well.
  • Likely hands on management and development of a team of Actuarial Analysts and Senior Actuarial Analysts.
  • Ensures that continuous improvements are being made in the various work being managed.

HCSC provides health insurance services across five states: Illinois, Montana, New Mexico, Oklahoma, and Texas. The company offers a variety of health insurance plans designed for individuals, families, and businesses, ensuring that different healthcare needs are met. HCSC's plans work by collecting premiums from members, which fund the healthcare services they provide. In addition to insurance, HCSC invests in health and wellness programs aimed at lowering healthcare costs and enhancing the health outcomes of its members. What sets HCSC apart from other health insurance providers is its long-standing experience in the industry and its commitment to compassion and innovation in healthcare. The company's goal is to empower people to lead healthier lives while maintaining a focus on quality care.

Company Stage

N/A

Total Funding

$472.7M

Headquarters

Chicago, Illinois

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • The new Houston office will create numerous job opportunities, fostering local economic growth and community development.
  • The acquisition of Cigna's Medicare businesses will expand HCSC's product offerings and geographic reach, benefiting current and future members.
  • Recognition as one of the 'Best Places to Work in IT' and having a CEO listed among the 'Most Influential People in Healthcare' highlight HCSC's strong leadership and positive work environment.

What critics are saying

  • The $231,900 fine from the Illinois Department of Insurance for an inaccurate provider directory could damage HCSC's reputation and trust with members.
  • The integration of Cigna's Medicare businesses may pose operational challenges and potential disruptions.

What makes HCSC unique

  • HCSC's strategic expansion into local communities, such as the new Houston office, emphasizes its commitment to economic growth and local workforce development, setting it apart from competitors.
  • The acquisition of Cigna's Medicare businesses significantly enhances HCSC's capabilities and reach in the growing Medicare market, providing a competitive edge.
  • HCSC's collaboration with Feeding America to address root causes of hunger showcases its holistic approach to community health, beyond traditional healthcare services.

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