Sr Managing Actuary

Health Care Service Corp.; Chicago (IL); Hybrid; USD 90,000 - 120,000; Full time

Benefits offered by this job

Health and wellness benefits

401(k) savings plan

Pension plan

Paid time off

Disability insurance

Tuition reimbursement

Job summary

Health Care Service Corp. in Chicago seeks an experienced actuarial professional to manage complex models and deliver presentations driving decision-making. You will oversee projects that may involve collaboration with non-actuarial departments.

The ideal candidate has a Bachelor's degree in a relevant field, 5 years of actuarial experience, and strong communication skills. This position offers a hybrid work arrangement and comprehensive benefits including health and wellness programs, 401(k), and tuition reimbursement.

Qualifications

• Minimum of 5 years of actuarial experience in health insurance or a related field.
• At least 2 years of experience in a management or lead capacity.
• Experience in Medicare PartD is a plus.

Responsibilities

• Manage the implementation, maintenance, and review of actuarial models.
• Develop sophisticated models and train others.
• Create presentations that drive decision-making.

Skills

Strong verbal and written communication skills

Proficiency in PC applications (Word, Excel)

Education

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

Associate of the Society of Actuaries (ASA)

Tools

SQL

Visual Basic

Job description

Job Summary

This position is responsible for managing the implementation, maintenance, and critical review and analysis of models, studies, and systems that use actuarial principles for pricing, underwriting, statistics, reserving, forecasting, and other actuarial functions. The role involves developing complicated models, teaching colleagues to build models, creating written and oral presentations for decision-making, and managing complex day‑to‑day projects that may involve non‑actuarial departments and external partners.

Responsibilities

• Manage the implementation, maintenance, and critical review & analysis of actuarial models, studies, and systems.
• Develop sophisticated models and train others in model development.
• Create written and oral presentations that drive decision‑making.
• Oversee complex day‑to‑day projects involving non‑actuarial departments and external parties.

Required Qualifications

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or Economics. Other bachelor's (or higher) degrees may be considered.
• Associate of the Society of Actuaries (ASA) and Membership in the American Academy of Actuaries (MAAA), with full compliance with each professional designation’s membership requirements.
• Minimum of 5 years of actuarial experience in health insurance or a related field.
• At least 2 years of experience in a management or lead capacity.
• Strong verbal and written communication skills for documentation, training, and presentations.
• Proficiency in PC applications, including Word and Excel.

Preferred Qualifications

• Experience with SQL, Visual Basic, or other programming languages.
• Experience in Medicare PartD.

Additional Information

• Hybrid work arrangement: 3 days in office per week.
• No visa sponsorship is available for this role.

Benefits

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

Equal Opportunity Employment

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.