SVP, Actuarial and Underwriting Services

We take great strides to ensure our employees have the resources to live well, be healthy, continue learning, develop skills, grow professionally and serve our local communities. We invite you to apply for a career with Blue Cross.Please note that effective Jan. 4, 2022, Blue Cross and Blue Shield of Louisiana implemented a policy requiring any employee who enters any of our offices or who interacts in person with anyone for company business purposes to be fully vaccinated for COVID 19, unless legally entitled to a reasonable accommodation related to religious or medical exemptions. At this time, that policy is suspended and vaccination is not required to enter our facilities. Please note this is subject to change at any point in time to ensure compliance with company policy or government mandates and certain client facing roles may have separate protocols.Residency in or relocation to Louisiana is preferred for all positions.POSITION PURPOSEThis job is responsible for overseeing the actuarial management of functions and business segments.NATURE AND SCOPE* Manages People* This role directly manages 7 workers* This role directly manages these jobs: DIRECTOR, ACTUARIAL SYSTEMS;DIRECTOR, PRICING/IND ACTUARIAL OPS;DIRECTOR, VALUATION AND SENIOR PRODUCT ACTUARIAL;Executive Assistant-SVP;Medical Claims Trend Analyst;VP, Actuarial;VP, UNDERWRITING* This role reports to this job: SVP, Chief Financial Officer* Necessary Contacts: : In order to effectively fulfill this position the incumbent must be in contact with:All levels of BCBSLA personnel.Louisiana Hospital CFO''s that participate in Risk Sharing Agreements.QUALIFICATIONSEducation* Bachelor''s in a related field required* Four years of related experience can be used in lieu of a Bachelor''s degree.Work Experience* More than 10 years of progressively responsible leadership experience in health insurance actuarial rating/reserving/underwriting or related field required* 3 years of executive level or above is strongly preferred* 5 years of related experience as a health actuary is preferred* Experience can run concurrentlyLicenses and Certifications* FSA strongly preferred* ASA strongly preferredACCOUNTABILITIES AND ESSENTIAL FUNCTIONS* Oversees the development of methods, systems, models and assumptions designed to project premium and claim amounts per member for the purpose of ensuring that budgeted pricing targets are as precise as possible.* Oversees the development of pricing methods, systems, models and assumptions designed to achieve targeted premium levels and ensure that a fair and appropriate premium rate is provided for each member.* Oversees the communication of pricing changes to Underwriting, Marketing, Information Technology and Actuarial Systems departments.* Oversees the delivery of pricing support to the Marketing Development department to ensure that new products and benefits are adequately and competitively priced and that pricing is consistent with actuarial principles.* Oversees the development of methods, systems, models and assumptions used in estimating unpaid claims liabilities to ensure that these elements of the financial statements are as accurate as possible.* Oversees the development of actuarial systems that support actuarial and underwriting processes.* Provides advice and consultation in the company risk management process to help ensure that the company is anticipating and protecting itself from potential risks.* Oversees the delivery of underwriting services to promote underwriting practices that are consistent with actuarial principles.* Oversees the preparation and certification of regulatory filings to ensure that the company is in compliance with related laws, regulations, and actuarial standards.* Provides career development opportunities and mentoring to staff to ensure growth, advancement and a high level of quality and productivity.Additional Accountabilities and Essential FunctionsThe Physical Demands described here are representative of those that must be met by an employee to successfully perform the Accountabilities and Essential Functions of the job. Reasonable accommodations may be made to enable an individual with disabilities to perform the essential functions* Perform other job-related duties as assigned, within your scope of responsibilities.* Job duties are performed in a normal and clean office environment with normal noise levels.* Work is predominately done while standing or sitting.* The ability to comprehend, document, calculate, visualize, and analyze are required.LI_CT1An Equal Opportunity EmployerAll BCBSLA EMPLOYEES please apply through Workday Careers.PLEASE USE A WEB BROWSER OTHER THAN INTERNET EXPLORER IF YOU ENCOUNTER ISSUES (CHROME, FIREFOX, SAFARI)Additional InformationPlease be sure to monitor your email frequently for communications you may receive during the recruiting process. Due to the high volume of applications we receive, only those most qualified will be contacted. To monitor the status of your application, please visit the ''My Applications'' section in the Candidate Home section of your Workday account.If you are an individual with a disability and require a reasonable accommodation to complete an application, please contact [Click Here to Email Your Resumé] for support of our mission to improve the health and lives of Louisianians, Blue Cross encourages the good health of its employees and visitors. We want to ensure that our employees have a work environment that will optimize personal health and well-being. Due to the acknowledged hazards from exposure to environmental tobacco smoke, and in order to promote good health, our company properties are smoke and tobacco free.Blue Cross and Blue Shield of Louisiana performs background and pre-employment drug screening after an offer has been extended and prior to hire for all positions. As part of this process records may be verified and information checked with agencies including but not limited to the Social Security Administration, criminal courts, federal, state, and county repositories of criminal records, Department of Motor Vehicles and credit bureaus. Pursuant with sec 1033 of the Violent Crime Control and Law Enforcement Act of 1994, individuals who have been convicted of a felony crime involving dishonesty or breach of trust are prohibited from working in the insurance industry unless they obtain written consent from their state insurance commissioner.Additionally, Blue Cross and Blue Shield of Louisiana is a Drug Free Workplace. A pre-employment drug screen will be required and any offer is contingent upon satisfactory drug testing results.JOB CATEGORY: Insurance

Created: 2025-11-15