Early Careers New Grad - Actuarial Analyst

HCSC Group; Chicago (IL); Hybrid; USD 58,000 - 104,000; Full time

Benefits offered by this job

Hybrid work model

Total rewards package

Tuition reimbursement

Job summary

HCSC is seeking a New Grad Actuarial Analyst to participate in the Actuarial Student Program and the six‑month Enterprise New Grad Program, gaining role-specific technical and professional development.

The program includes formal orientation, professional development sessions, and exposure to multiple business areas, with a hybrid work schedule and a comprehensive benefits package.

Qualifications

• Pursuing a bachelor’s or master’s degree in actuarial science, mathematics, statistics, economics or related field
• Graduation date between December 2026 and June 2027
• Minimum GPA of 3.0 on a 4.0 scale
• Unrestricted authorization to work in the United States (no visa sponsorship)
• Completion of 1 ASA exam equivalent per SOA requirements

Responsibilities

• Participate in implementation, maintenance and basic analysis of actuarial models, studies and systems
• Run, build and analyze results of basic models
• Develop oral and written presentation skills
• Learn core business and actuarial concepts

Skills

Communication skills

Analytical thinking

Education

Actuarial/Math/Stats degree

Tools

Word

Excel

Access

SQL

Visual Basic

Job description

Job Summary

This position is responsible for participating in implementation, maintenance and basic analysis of models, studies and systems which 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.

What Do You Need To Be Successful?

• Preferred: Actuarial internship or actuarial experience in health insurance or related field


• Verbal and written communication skills to prepare effective documentation, facilitate training and development, and participate in presentations


• PC proficiency to include Word and Excel Access, SQL, Visual Basic or other preferred programming skills

What Are the Requirements You Must Meet?

• Pursuing a bachelor’s or master’s degree in actuarial science, Mathematics, Statistics, Economics or another related quantitative field


• Graduation date between December 2026 and June 2027


• A minimum GPA of 3.0 on a 4.0 scale


• Unrestricted authorization to work in the United States (We are not sponsoring work visas for this role)


• Completion of 1 ASA (Associate of the Society of Actuaries) exam equivalent based on specifications in the Society of Actuaries Education and Examination System

What Does the New Grad Program Entail?

• New graduate Actuarial Analysts will participate in the Actuarial Student Program for role-specific technical and professional development.


• They will also participate in HCSC’s six-month Enterprise New Grad Program, which provides broader business exposure and supports the transition from college to the workplace.


• Formal New Employee Orientation to build business and industry acumen


• Professional development sessions focused on workplace readiness, communication, relationship building and career growth


• Exposure to HCSC business areas, leaders and career paths


• Networking and shared learning with new graduate peers across the enterprise


• Approximately four hours of virtual programming each month during the six-month program

#LI-Hybrid #hcscnewgrad #LI-NB1

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.

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

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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. 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.