Sr Manager, Actuarial Services - Large Group

Sr Manager, Actuarial Services - Large Group

Blue Cross and Blue Shield of North Carolina

Columbus, OH • On-site

$157.98K - $252.77K/yr

Other

Medical, Dental, Vision, Retirement, PTO

Posted 27 days ago


Blue Cross and Blue Shield of North Carolina rating

7.8

Company rating: 7.8 out of 10

Based on 13 frontline employees who took The Breakroom Quiz

163rd of 257 rated insurance


Job description

Job Description

Are you an experienced actuarial leader with a strong track record in Large Group pricing, including both fully-insured and self-funded lines of business? We are seeking a strategic and driven Sr. Manager, Actuarial Services to lead a talented team and drive critical actuarial and analytical initiatives. Your expertise will be instrumental in providing actionable insights, identifying and mitigating risks, and supporting Actuarial leadership in shaping business strategy. We're looking for a dynamic leader who excels at developing high-performing, adaptable teams and thrives in a rapidly evolving industry environment. If you are passionate about driving results and making a measurable impact on our organization's success, we invite you to apply.

What You'll Do

  • Lead and maintain a high-performing team, with an emphasis on technical and professional development
  • Lead staff through completion of technical projects, ensuring timeliness, compliance, and quality of work
  • Assist in development and leads staff in creation, maintenance, and/or improvement of key processes, models, and reports, including process control documents
  • Provides strategic thought leadership of ways to improve processes, reduce risks, and meet department and enterprise objectives to achieve profitable growth and/or improve value, quality, and access for NC customers
  • Achieve segment financial targets and provide concise explanations of results and variances to expectations; act as a financial steward for the company
  • Communicate effectively with peers across the enterprise, including Actuarial and Divisional Leadership Teams
  • Support external partnerships with vendors, auditors, regulators, and/or health care providers
  • Develop and maintain strong business relationships with internal partners through business expertise and exceptional support; act as a strategic advisor
  • Meet continuing education standards required for job function, thought leadership, and maintenance of actuarial credentials

What You Bring

  • Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field.
  • Member of the American Academy of Actuaries
  • Fellow of the Society of Actuaries
  • 7 years of relevant actuarial experience, related experience may be considered.
  • In lieu of an FSA, will consider candidates who are an Associate of the Society of Actuaries (ASA) and have at least 9 years of relevant actuarial experience.
  • In lieu of meeting the full minimum years defined, formal leadership experience may reduce this required industry experience

Bonus Points

  • Experience in Large Group pricing, fully-insured and self-funded - Highly Preferred
  • Excellent leadership, coaching, delegating, and mentoring skills - Highly Preferred
  • Strong organizational skills, and the ability to manage many time-sensitive projects at once
  • Ability to think creatively and strategically, leveraging business and industry knowledge to drive change and mitigate complex risks
  • Adaptive and versatile learner, with the ability to react quickly to changing business dynamics

What You'll Get

  • The opportunity to work at the cutting edge of health care delivery with a team that's deeply invested in the community.
  • Work-life balance, flexibility, and the autonomy to do great work.
  • Medical, dental, and vision coverage along with numerous health and wellness programs.
  • Parental leave and support plus adoption and surrogacy assistance.
  • Career development programs and tuition reimbursement for continued education.
  • 401k match including an annual company contribution
  • Learn more

Salary Range

At Blue Cross NC, we take great pride in a fair and equitable compensation package that reflects market-price and our starting salaries are typically planned near the middle of the range listed. Compensation decisions are driven by factors including experience and training, specialized skill sets, licensure and certifications and other business and organizational needs.Our base salary is part of a robust Total Rewards package that includes an Annual Incentive Bonus*, 401(k) with employer match, Paid Time Off (PTO), and competitive health benefits and wellness programs.

*Based on annual corporate goal achievement and individual performance.

$157,978.00 - $252,765.00

Skills

Actuarial Analysis, Actuarial Science, Actuarial Services, Business Objectives, Business Partner Support, Finance Strategy, Financial Analysis, Financial Governance, Healthcare Industry, Hiring Management, Process Improvements, Reimbursement, Risk Analysis, Risk Management, Stakeholder Management, Strategic Advice

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JOB ALERT FRAUD: We have become aware of scams from individuals, organizations, and internet sites claiming to represent Blue Cross and Blue Shield of North Carolina in recruitment activities in return for disclosing financial information. Our hiring process does not include text-based conversations or interviews and never requires payment or fees from job applicants. All our career opportunities are published on https://bcbsnc.wd5.myworkdayjobs.com/en-US/BCBSNC. If you have already provided your personal information that you suspect is fraudulent activity, please report it to your local authorities. Any fraudulent activity should be reported to: HR.Staffing@BCBSNC.com.


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Frequently asked questions

Q: What skills or qualities help someone succeed as a Actuarial Manager?

A: To succeed as an Actuarial Manager, key technical skills include proficiency in actuarial modeling, statistical analysis, and risk management, as well as expertise in regulatory frameworks and industry standards. Soft skills such as strong communication, leadership, and problem-solving abilities are also crucial, enabling effective collaboration with stakeholders, strategic decision-making, and adaptability in a rapidly changing environment. By combining these technical and soft skills, Actuarial Managers can drive business growth, mitigate risk, and make informed decisions that support the organization's long-term success.

Q: What is the career path for a Actuarial Manager?

A: A typical career progression for an Actuarial Manager involves starting as an Actuarial Analyst or Associate, progressing to a Senior Actuary or Actuarial Manager role, and eventually leading to a Director or Chief Actuary position. Key opportunities for skill development and professional growth include obtaining professional certifications such as Fellow of the Society of Actuaries (FSA) or Chartered Enterprise Risk Actuary (CERA), as well as developing expertise in areas like data analytics, risk management, and financial modeling. Long-term career prospects may include transitioning into leadership roles within the insurance or financial services industry, or pursuing opportunities in related fields such as consulting, academia, or government.



Blue Cross and Blue Shield of North Carolina job posting for a Sr Manager, Actuarial Services - Large Group in Columbus, OH with a salary of $157,978 to $252,765 Annually and benefits including Medical, Vision, Dental, PTO, and Retirement with a map of Columbus location.