Sr Actuarial Analyst

Health Care Service Corp.; Chicago (IL); Hybrid; USD 61,500 - 136,100; Full time

Benefits offered by this job

Health and wellness benefits

401(k) savings plan

Pension plan

Paid time off and parental leave

Disability insurance

Supplemental life insurance

Employee assistance program

Paid holidays

Tuition reimbursement

Other incentives

Job summary

Health Care Service Corp. seeks an experienced actuary to implement and analyze actuarial models for pricing, underwriting, and forecasting. This is a hybrid position, with in-office work required three times a week.

The ideal candidate has a Bachelor’s degree in a relevant field, ASA exam completion, and at least two years of actuarial experience. Comprehensive health benefits, a 401(k) plan, and paid time off are part of the offer.

Qualifications

• Bachelor's degree in Actuarial Science or similar is required.
• Completion of 3 ASA exam equivalents.
• At least 2 years of actuarial experience.
• Verbal and written communication for effective presentations.

Responsibilities

• Implement and maintain actuarial models and systems.
• Conduct detailed analysis of pricing and reserving models.
• Run and develop complex models for actuarial functions.
• Present findings and analyses in a simple manner.

Skills

Analytical skills

Communication skills

Mathematics

PC proficiency in Word and Excel

Education

Bachelor's degree in Actuarial Science, Mathematics, Statistics, or Economics

Completion of 3 ASA exam equivalents

Tools

Access

SQL

Visual Basic

Job description

Job Summary

The position involves participating in implementation, maintenance, and detailed analysis of actuarial models, studies, and systems used for pricing, underwriting, statistics, reserving, forecasting, and other actuarial functions. The role also requires running and developing complex models, performing detailed analysis of results, and developing simple written and oral presentations for decision-making.

Responsibilities

• Implement and maintain actuarial models, studies, and systems.
• Conduct detailed analysis of models and systems for pricing, underwriting, statistics, reserving, forecasting, and other actuarial functions.
• Run and develop complex models and analyze results.
• Develop simple written and oral presentations to provide basic information for decision-making.
• Understand basic business and actuarial concepts.

Required Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or Economics. Other Bachelor (or higher) Degrees may be considered.
• Completion of 3 ASA (Associate of the Society of Actuaries) exam equivalents based on Society of Actuaries Education and Examination System.
• At least 2 years of actuarial experience.
• Verbal and written communication skills for effective documentation, training, development, and presentations.
• PC proficiency in Word and Excel.

Preferred Qualifications

• Access, SQL, Visual Basic, or other programming skills.
• Actuarial experience in the health insurance or related field.

Benefits

• Health and wellness benefits
• 401(k) savings plan
• Pension plan
• Paid time off and paid parental leave
• Disability insurance
• Supplemental life insurance
• Employee assistance program
• Paid holidays
• Tuition reimbursement
• Other incentives

Pay Transparency: Base Pay Range $61,500.00 - $136,100.00. Compensation varies based on job-related skills, education, knowledge, and experience.

Location & Work Arrangement

This is a hybrid role requiring 3 days a week in the office. VISA sponsorship is not available.

Equal Opportunity Employment Statement

HCSC is 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 other legally protected characteristics.