Actuarial Analyst

Actuarial Division; Chicago (IL); Hybrid; USD 58,000 - 104,000; Full time

Job summary

HCSC in Chicago, IL invites an actuarial analyst to participate in the implementation, maintenance, and basic analysis of models, studies, and systems that use actuarial principles for pricing, underwriting, statistics, reserving, forecasting, and related actuarial functions.

You will run, build, and analyze results of basic models, develop oral and written presentation skills, and learn core business and actuarial concepts; this is a hybrid role with a 3-day in-office requirement.

Qualifications

• Bachelor degree in Actuarial Science, Mathematics, Statistics or Economics. Other Bachelor (or higher) Degrees may be considered.
• Completion of 1 ASA exam equivalent based on specifications in the SOA Education and Examination System.
• 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

• Participate in implementation, maintenance, and basic analysis of models, studies, and systems using actuarial principles for pricing, underwriting, statistics, reserving, forecasting, and other actuarial functions.
• Run, build, and analyze results of basic models.
• Develop oral and written presentation skills and learn basic business and actuarial concepts.
• Collaborate with teams on pricing, underwriting, statistics, reserving, and forecasting.

Skills

Verbal communication

Written communication

PC proficiency

Education

Bachelor degree in Actuarial Science

ASA exam (1) completed

Tools

SQL

Access

VBA

Job description

At HCSC, our employees are the cornerstone of our business and the foundation to our success. We empower employees with curated development plans that foster growth and promote rewarding, fulfilling careers.

Join HCSC and be part of a purpose-driven company that will invest in your professional development.

This position is responsible for participating in implementation, maintenance, and basic analysis of models, studies, and systems that use actuarial principles for the purposes of pricing, underwriting, statistics, reserving, forecasting, and other actuarial functions; running, building, and analyzing results of basic models; developing oral and written presentation skills; and learning basic business and actuarial concepts.

Required Job Qualifications:

• Bachelor degree in Actuarial Science, Mathematics, Statistics or Economics. Other Bachelor (or higher) Degrees may be considered.
• Completion of 1 ASA (Associate of the Society of Actuaries) exam equivalent based on specifications in the Society of Actuaries' Education and Examination System.
• Verbal and written communications skills to prepare effective documentation, facilitate training and development, and participate in presentations.
• PC proficiency to include Word and Excel.

Preferred Job Qualifications:

• ACA pricing and Individual/Small Group market experience
• Proficiency in SQL, Access, VBA, or similar programming tools
• Health insurance actuarial experience preferred
• Strong analytical and data modeling skills

This is a Hybrid role with a 3 day in office requirement in any of the locations posted

No Visa Sponsorship

#LI-MG1

Compensation: $57,500.00 - $103,800.00

Exact compensation may vary based on skills, experience, and location

HCSC Employment Statement:

We are an Equal Opportunity Employment employer dedicated to providing a welcoming environment where the unique differences of our employees are respected and valued. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other legally protected characteristics. We are a drug-free and smoke-free workplace. Employment may be contingent upon successful completion of drug screening in accordance with applicable law.