Managing Actuary

HCSC Group; Chicago (IL); Hybrid; USD 102,000 - 184,000; Full time

Job summary

Health Care Service Corporation in Chicago, IL seeks a Managing Actuary to oversee development, review and application of actuarial models for pricing, underwriting, reserving and forecasting. You will lead complex analyses, teach others to build models, and manage cross‑functional projects.

This hybrid role requires ASA/MAAA, a US actuarial degree, 4+ years in health insurance, strong communication and advanced Excel/PowerPoint; SQL/SAS/R a plus; remote 2 days.

Qualifications

• Bachelor degree in actuarial science or related field and ASA/MAAA designation.
• At least 4 years of actuarial experience in health insurance.
• Strong communication, documentation, and presentation skills.

Responsibilities

• Manage implementation, maintenance and review of actuarial models.
• Lead analyses for pricing, underwriting, reserving and forecasting.
• Develop complex models and teach others to build models.
• Prepare written and oral presentations for decision making.
• Oversee day-to-day projects including non-actuarial departments.

Skills

Actuarial analysis

Modeling

Communication skills

Excel proficiency

Presentation skills

Education

Bachelor's degree in Actuarial Science/Math/Statistics/Economics

ASA and MAAA membership

Tools

SQL

SAS

R

PowerPoint

Excel

Job description

Managing Actuary### Managing ActuaryApply: Flex: IL - Chicago: Full time: Posted Today: R0055568At 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 managing the implementation, maintenance and critical review and analysis of models, studies and systems which use actuarial principles for the purposes of pricing, underwriting, statistics, reserving, forecasting and other actuarial functions; developing complicated models and teaching others how to develop models. Developing written and oral presentations that drive the delivery of information for decision making; and managing day-to day projects that may include non-actuarial departments. Must also possess and demonstrate a deep understanding of one actuarial area or business segment.### **Required Job Qualifications:*** Bachelor degree in Actuarial Science, Mathematics, Statistics or Economics. Other Bachelor (or higher) Degrees may be considered.* Associate of the Society of Actuaries (ASA) and Membership in the American Academy of Actuaries (MAAA). Compliance with the membership requirements for each professional designation.* At least 4 years of actuarial experience in the health insurance or related field.* 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:** * Pharmacy actuarial experience preferred* Medicare experience a plus* Health insurance/managed care experience preferred* SQL experience preferred* SAS, R, or other programming experience* Strong analytical and data modeling skills* Advanced Excel and PowerPoint proficiency* Experience analyzing large healthcare datasets**Sponsorship is not available.****This is a Flex (Hybrid) role: 3 days in office; 2 days remote****#LI-MG1**### **Are you being referred to one of our roles? If so, ask your connection at HCSC about our Employee Referral process!**### **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**$102,000.00 - $184,300.00Exact compensation may vary based on skills, experience, and location.