Actuarial Analyst

Health Care Service Corp.; Chicago (IL); Hybrid; USD 58,000 - 104,000; Full time

Job summary

Health Care Service Corporation in Chicago seeks an actuarial professional to participate in the implementation, maintenance, and basic analysis of models used for pricing, underwriting, statistics, reserving, and forecasting. You will run and interpret results, and develop communication skills while learning core business concepts.

The role is hybrid with three days in office; a Bachelor degree in actuarial science or related field is required, along with ASA exam progress and strong Excel/SQL

Qualifications

• Bachelor degree in actuarial field or related
• ASA exam progress or equivalent
• Strong communication and documentation skills

Responsibilities

• Participate in implementation, maintenance, and basic analysis of actuarial models and studies.
• Assist in pricing, underwriting, statistics, reserving, and forecasting tasks.
• Run, interpret, and present results; develop core business understanding.

Skills

Actuarial knowledge

Mathematics

Statistics

Communication skills

Word & Excel proficiency

Education

Bachelor degree in Actuarial Science/Math/Statistics/Economics

ASA exam (partial) progress

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.

Job Summary

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.

Pay Transparency Statement

At Health Care Service Corporation, you will be part of an organization committed to offering meaningful benefits to our employees to support their life outside of work. From health and wellness benefits, 401(k) savings plan, pension plan, paid time off, paid parental leave, disability insurance, supplemental life insurance, employee assistance program, paid holidays, tuition reimbursement, plus other incentives, we offer a robust total rewards package for employees. Learn more about our benefit offerings by visiting https://careers.hcsc.com/totalrewards. The compensation offered will vary depending on your job-related skills, education, knowledge, and experience. This role aligns with an annual incentive bonus plan subject to the terms and the conditions of the plan.

• health and wellness benefits
• 401(k) savings plan
• pension plan
• paid time off
• paid parental leave
• disability insurance
• supplemental life insurance
• employee assistance program
• paid holidaystuition reimbursement
• plus other incentives

Flex employees are expected to be in the office a minimum of three days a week. Management will have discretion to modify an employee's weekly schedule for exigent circumstances.

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.

Base Pay Range

Base Pay Range $57,500.00 - $103,800.00 Exact compensation may vary based on skills, experience, and location.

About HCSC

For more than 80 years, HCSC has been dedicated to expanding access to high-quality, cost-effective health care and equipping our members with information and tools to make the best health care decisions for themselves and their families. As an industry leader, HCSC also has been helping to make the health care system work better for all Americans. To remain a leader, we offer compelling careers that encourage resourcefulness, strategic thought and empower you to make a difference in the lives of our members and their communities. Today, with the industry at an important crossroad, HCSC is reimagining health care and looking for original thinkers who aren’t afraid to make innovative contributions. We are an Equal Opportunity Employment employer dedicated to workforce diversity and a drug-free and smoke-free workplace. Learn more about HCSC, our commitment to our members and the opportunity you’ll have to improve health care delivery in an open, collaborative environment. HCSC is committed to diversity in the workplace and to providing equal opportunity to employees and applicants.

Accommodations

If you are an individual with a disability or a disabled veteran and need an accommodation or assistance in either using the Careers website or completing the application process, you can call us at 1-866-977-7378 to request reasonable accommodations. Please note that only requests for accommodations in the application process will be returned.

All applications, including resumes, must be submitted through HCSC's Career website on-line application process. If you have general questions regarding the status of an existing application, navigate to "candidate home" to view your job submissions.