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Resp & Qualifications

PURPOSE:

Oversees the accurate and timely development, analysis, and reporting of analyses to Actuarial management within critical time constraints. Recommends actuarial policy to senior management. This position may have direct interaction with company Senior Management or external customers including state and federal regulators. This position also oversees the development of any additional analyses required to support both internal and external customer needs.

ESSENTIAL FUNCTIONS:

+ Responsible for overseeing and directing the work of analysts or supervisors ensuring that sound actuarial principles are used. Also responsible for communicating the results of these analyses to Actuarial management and making recommendations based on the results of these analyses.

+ Responsible for coordinating the activities of the Actuarial Staff, ensuring accurate and timely release of requested analyses and reports. This includes directing the workflow, reviewing the work and ensuring that sound actuarial and financial methods are used, and that the work is presented in a professional and easily understood manner. Responsible for providing training, development, documenting performance issues, if needed, and monitoring and enforcing adherence to Company policies. Overseeing the objectives for staff, write and deliver performance feedback and appraisals, promotions, salary increases, hiring and disciplinary communications.

+ Responsible for coordinating, developing and releasing numerous financial analysis reports for upper management. This involves examining and interpreting data, working with other areas of the Company, and presenting and explaining analyses to management. Responsible for overseeing the production of reports and information in a timely, accurate and efficient fashion for upper management. This includes interpreting the request, determining the information source, determining or developing the methodology to complete the request, and directing the Analysts in completing in the time frame determined. Reduce complex concepts into terms that various members of senior management can easily understand.

SUPERVISORY RESPONSIBILITY:

This position manages people.

QUALIFICATIONS:

**Education Level:** Bachelor's Degree in Actuarial Science, Finance, Mathematics or related field OR In lieu of a Bachelor's degree, an additional 4 years of relevant work experience is required in addition to the required work experience.

Licenses/Certifications Upon Hire Required:

+ Associate of the Society of Actuaries (ASA)

**Experience:** 5 years health actuarial reporting and valuation experience. 1 year supervisory experience or demonstrated progressive leadership experience.

Preferred Qualifications:

+ Associate in the Society of Actuaries (ASA) and Member of the Academy of Actuaries (MAAA)

Knowledge, Skills and Abilities (KSAs)

+ Familiarity with actuarial, mathematical and statistical procedures and practical applications.

+ Highly analytical and a general understanding of health insurance products and markets.

+ Solid interpersonal, verbal & written communication skills, to the point where actuarial information can be completely & concisely presented to both an actuarial and non-actuarial audience.

+ Excellent listening skills.

+ Must be able to meet established deadlines and handle multiple customer service demands from internal and external customers, within set expectations for service excellence. Must be able to effectively communicate and provide positive customer service to every internal and external customer, including customers who may be demanding or otherwise challenging.

**Salary Range:** $133,040 - $246,956

Salary Range Disclaimer

The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the work is being performed. This compensation range is specific and considers factors such as (but not limited to) the scope and responsibilites of the position, the candidate's work experience, education/training, internal peer equity, and market and business consideration. It is not typical for an individual to be hired at the top of the range, as compensation decisions depend on each case's facts and circumstances, including but not limited to experience, internal equity, and location. In addition to your compensation, CareFirst offers a comprehensive benefits package, various incentive programs/plans, and 401k contribution programs/plans (all benefits/incentives are subject to eligibility requirements).

Department

PBM

Equal Employment Opportunity

CareFirst BlueCross BlueShield is an Equal Opportunity (EEO) employer. It is the policy of the Company to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.

Where To Apply

Please visit our website to apply: www.carefirst.com/careers

Federal Disc/Physical Demand

Note: The incumbent is required to immediately disclose any debarment, exclusion, or other event that makes him/her ineligible to perform work directly or indirectly on Federal health care programs.

PHYSICAL DEMANDS:

The associate is primarily seated while performing the duties of the position. Occasional walking or standing is required. The hands are regularly used to write, type, key and handle or feel small controls and objects. The associate must frequently talk and hear. Weights up to 25 pounds are occasionally lifted.

Sponsorship in US

Must be eligible to work in the U.S. without Sponsorship

\#LI-CB1

REQNUMBER: 21336