Actuarial Specialist – Commercial & Specialty Pricing

HDI Global SE; Chicago (IL); Hybrid; USD 125,000 - 165,000; Full time

Benefits offered by this job

401(k) with company match

Paid Time Off

Wellness Program

Telemedicine

Transit and Parking benefits

Job summary

HDI Global Insurance Company, a Chicago-based property and casualty insurer, seeks an Actuarial Specialist to lead pricing models and key actuarial initiatives. This hybrid role requires translating complex insights for underwriting and leadership teams.

You will develop pricing tools, monitor profitability, and collaborate with underwriters, data teams, and senior leadership. The position offers a substantial salary and a comprehensive benefits package in a dynamic, global organization.

Qualifications

• Bachelor’s degree or higher in Actuarial Science, Mathematics, Statistics, or a related field.
• 5+ years P&C actuarial experience; ACAS or near-ACAS preferred
• Proficiency in SQL and Microsoft Office Suite; Python/VBA/R familiarity a plus
• Strong analytical, problem solving, and critical thinking abilities.
• Excellent written and verbal communication skills, with the ability to present findings to cross-functional teams.

Responsibilities

• Develop, enhance, and maintain pricing models to support underwriting decisions.
• Monitor portfolio performance, profitability, rate adequacy, and trends for pricing and filings.
• Perform profitability and portfolio reviews integrating reserving, pricing, and underwriting perspectives.
• Provide actuarial pricing support for large complex accounts with underwriters.
• Mentor junior analysts and lead research on trends and cost drivers.
• Lead cross-functional projects and build data pipelines and dashboards for pricing accuracy.

Skills

P&C actuarial experience

SQL

Microsoft Office

Python

VBA

R

Analytical thinking

Communication skills

Education

Bachelor's degree in Actuarial Science/Mathematics/Statistics

Job description

Location: Chicago, IL (Hybrid – 40% in office)

AI Powered. Human Driven.

HDI Global Insurance Company is a property and casualty insurer headquartered in Chicago, IL. We are a wholly owned subsidiary of HDI Global SE, which manages the commercial lines division of the Talanx Group – one of Europe’s largest insurance organization. Through our extensive network spanning over 150 countries, we deliver comprehensive domestic and international insurance solutions to U.S. businesses. Our excess and surplus lines subsidiary, HDI Specialty Insurance Company, enables us to address complex and unique risks across the U.S. market.

With Xcelerate29, HDI is shaping its future by becoming a Trusted Global Player, achieving Next-level Excellence, and building a Forward-thinking Organisation. This direction helps HDI Global lead the profitable growth game as a globally connected business, raise the bar every day through stronger underwriting, claims, and investment performance, and win tomorrow by starting today with a lean, fast, resilient, and future-ready organisation. Together, these priorities support profitable growth, sustainable profitability, global consistency, digital transformation, AI acceleration, smart cost leadership, and stronger collaboration across teams and markets. They also reflect our focus on being a workplace of choice by building a future-ready workforce where people

At HDI Global, we believe our success is rooted in our values—collaboration, integrity, and work-life balance. We are committed to supporting professional growth through learning and development opportunities and offer competitive compensation, comprehensive benefits, and career advancement pathways.

We are seeking an Actuarial Specialist to join our actuarial team and lead key actuarial and analytical initiatives. This role is ideal for a professional with strong technical expertise, communication skills, sound business judgement, and the ability to translate complex actuarial insights into actionable recommendations for underwriting and senior leadership teams.

Key Responsibilities

• Develop, enhance, and maintain pricing models to support informed underwriting decisions.
• Contribute to monitoring portfolio performance, profitability, rate adequacy, and emerging trends to support pricing decisions and regulatory filings.
• Perform profitability and portfolio reviews that integrate reserving, pricing, and underwriting perspectives to evaluate business performance and emerging trends.
• Provide actuarial pricing support for large complex accounts in collaboration with underwriters.
• Mentor junior analysts by reviewing their work and supporting their development.
• Lead research initiatives on emerging trends, cost drivers, and market dynamics.
• Build and automate data pipelines, dashboards, and analytical tools to improve pricing efficiency and accuracy.
• Lead ad hoc actuarial and cross-functional projects as needed.

Qualifications

• Bachelor’s degree or higher in Actuarial Science, Mathematics, Statistics, or a related field.
• 5+ years P&C actuarial experience; ACAS or near-ACAS preferred
• Proficiency in SQL and Microsoft Office Suite. Familiarity with programming languages such as Python, VBA, or R is a plus.
• Strong analytical, problem solving, and critical thinking abilities.
• Excellent written and verbal communication skills, with the ability to present findings and recommendations effectively to cross-functional teams.

Work Arrangements

This position follows a hybrid schedule, with 40% of work time spent in our Chicago office.

Compensation and Benefits

Base salary range for this position is $125,000 – 165,000, plus eligibility for a performance-based annual bonus. Actual compensation will be based on a variety of factors including experience, education, and location. We offer a competitive benefits package, including: 401(k) with company match, Paid Time Off, Sick Leave, Medical, Health Reimbursement Arrangement (HRA), Telemedicine, Wellness Program, Employee Assistance Program (EAP), Dental, Vision, Accident & Critical Illness Insurance, Flexible Spending Account (FSA), Dependent Care FSA, Group and Voluntary Life Insurance, Short- and Long-Term Disability, Pet Insurance, Transit and Parking benefits.

Additional Information

• HDI Global Insurance Company is an Equal Opportunity Employer. We consider applicants without regard to race, color, religion, national origin, age, sex, marital status, ancestry, disability, veteran status, gender identity, or sexual orientation.
• Applicants must be legally authorized to work in the United States.
• Recruitment Agencies: All resumes submitted without prior HR authorization will be considered unsolicited.
• HDI Global Insurance Company is an Equal Opportunity Employer and participates in E-Verify.