What are the responsibilities and job description for the Lead Actuary position at Worldwide Insurance Services?
At Blue Cross Blue Shield Global SolutionsSM (BCBS Global SolutionsSM), we make it easy for people and organizations to access and pay for healthcare abroad. By combining digital innovation with human-centered care, we go above and beyond for our customers and deliver an international healthcare experience that’s simple, efficient, and human.
Whether our customers live, work, travel or study abroad, we give them the confidence and peace of mind to embrace every journey and say “yes” to new possibilities.
Summary:
The Director & Lead Actuary will serve as the primary actuarial partner for our International Medical portfolio. Reporting directly to the Head Underwriter, this role provides strategic pricing leadership, underwriting support, and oversight of reserving and block management. The Director & Lead Actuary will collaborate across functions and communicate regularly with executive leadership, including the CFO and CEO.
Responsibilities:
- Lead pricing strategy and model development for international medical products.
- Develop pricing and financial support for business development including new products and services.
- Partner closely with underwriting to assess risk, support case decisions, and optimize portfolio performance.
- Oversee reserving processes, including establishing and reviewing reserves.
- Prepare actuarial opinions, regulatory filings, and related documentation.
- Provide clear, concise communication and insights to senior executives and key internal stakeholders.
- Drive project execution, ensuring timely delivery and effective cross-functional engagement.
- Identify emerging trends and make strategic recommendations to enhance product and business results.
Requirements:
- Associate (ASA) of the Society of Actuaries.
- 8 years of actuarial experience, preferably within health or international medical insurance.
- Demonstrated expertise in pricing, underwriting support, and reserving.
- Strong leadership presence with the ability to influence and collaborate across teams.
- Excellent verbal and written communication skills, including executive-level presentations.
Working Conditions:
- Flexibility to work in an office and/or at-home, remote office environment.
- Schedule flexibility is occasionally necessary in this position. Individual may be required to attend key business/departmental meetings and/or perform certain business critical job functions outside of normal working hours.
- Physical Demands: Must be able to communicate internally and externally through receiving and responding to auditory and visual methods.
This job description reflects management’s assignment of essential functions; it does not prescribe or restrict the tasks that may be assigned.