Actuarial Analyst

Tecsa; Illinois; On-site; USD 55,000 - 75,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

Employer-Paid Life Insurance

401K Match

Paid Time Off

Spouse Insurance

Pet Insurance

Critical Illness coverage

ID Protection

Job summary

Zing Health is seeking an entry-level Actuarial Analyst in Illinois to join our actuarial team. This role offers hands-on experience in core actuarial functions within a mission-driven healthcare environment.

You will gain exposure to IBNR reserves, Medicare Advantage bids, and forecasting while developing practical data analytics skills. Ideal for recent graduates pursuing SOA exams; strong Excel and communication are essential.

Qualifications

• Bachelor’s degree in Mathematics, Actuarial Science, Statistics, Economics, Computer Science, or a related field.
• Completion of at least one Society of Actuaries (SOA) exam
• Proficiency in Microsoft Office Suite, especially Excel
• Strong verbal and written communication skills
• Critical thinking and problem-solving abilities
• Ability to work independently and manage multiple priorities
• Must be legally authorized to work in the U.S. without employer sponsorship

Responsibilities

• Assist in the development of Incurred But Not Reported (IBNR) reserves for monthly close processes
• Support monthly financial reconciliation for Value-Based Providers
• Contribute to the development and submission of Medicare Advantage bids
• Assist with quarterly forecasting and trend analysis
• Perform financial analysis and build actuarial models
• Develop actionable insights and recommendations based on data analysis

Skills

Verbal and written communication

Critical thinking

Problem-solving

Independent work

Multitasking

Education

Bachelor’s degree in Mathematics, Actuarial Science, Statistics, Economics, Computer Science, or related field

Tools

Excel

SQL

Python

R

Job description

COMPANY OVERVIEW

Zing Health is a tech-enabled insurance company making Medicare Advantage the best it can be for those 65-and-over. Zing Health has a community-based approach that recognizes the importance of the social determinants of health in keeping individuals and communities healthy. Zing Health aims to return the physician and the member to the center of the health care equation. Members receive individualized assistance to make their transition to Zing Health as easy as possible. Zing Health offers members the ability to personalize their plans, access to facilities designed to help them better meet their healthcare needs and a dedicated care team. For more information on Zing Health, visit www.myzinghealth.com.

Summary Description

We are seeking a highly analytical and detail-oriented Actuarial Analyst to join our actuarial team. This entry-level position is ideal for recent graduates or early-career professionals looking to apply their analytical skills in a dynamic healthcare environment. You will gain hands-on experience in core actuarial functions and have opportunities to grow within a collaborative and mission-driven organization.

Responsibilities

• Assist in the development of Incurred But Not Reported (IBNR) reserves for monthly close processes
• Support monthly financial reconciliation for Value-Based Providers
• Contribute to the development and submission of Medicare Advantage bids
• Assist with quarterly forecasting and trend analysis
• Perform financial analysis and build actuarial models
• Develop actionable insights and recommendations based on data analysis

Requirements

JOB REQUIREMENTS

Required Qualifications

• Bachelor’s degree in Mathematics, Actuarial Science, Statistics, Economics, Computer Science, or a related field
• Completion of at least one Society of Actuaries (SOA) exam
• Proficiency in Microsoft Office Suite, especially Excel
• Strong verbal and written communication skills
• Critical thinking and problem-solving abilities
• Ability to work independently and manage multiple priorities
• Must be legally authorized to work in the U.S. without employer sponsorship

Preferred Qualifications

• Experience or coursework in SQL, Python, or R
• Internship or project experience in healthcare or insurance analytics
• Familiarity with Medicare Advantage or value-based care models
• 0-3 years experience in actuarial analysis, reserving, Medicare Advantage, and/or value-based settlements.

Member-centric Impact Statement

Finance ensures Zing has the financial clarity and discipline needed to sustainably serve our members. Through the work of Accounting, FP&A, and Actuarial, the team provides accurate reporting and insights into financial performance and aid in the development of the Medicare Advantage bids that support sustainable plans with strong benefits for our members.

Zing Health Offers The Following Benefits

• A competitive salary based on the market
• Medical, Dental, and Vision
• Employer-Paid Life Insurance
• 401(K) match up to 4%
• Paid-Time-Off
• Several supplemental benefits are available, including, but not limited to, Spouse Insurance, Pet Insurance, Critical Illness coverage, ID Protection, etc.