Simplify Logo

Full-Time

Sr Managing Actuary

Posted on 9/24/2024

HCSC

HCSC

Healthcare

Compensation Overview

$107.3k - $193.8kAnnually

Senior, Expert

Lombard, IL, USA + 1 more

More locations: Helena, MT, USA

Hybrid role requiring 3 days in office and 2 days from home.

Category
Insurance
Finance & Banking
Required Skills
Communications
Requirements
  • 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.
  • 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
  • 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.
  • Managing complex day-to-day projects that may include non-actuarial departments and external parties.
  • Possessing and demonstrating a deep understanding of multiple actuarial areas and at least one business segment.

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.
INACTIVE