Staff Actuary

Health Care Service Corporation; Chicago (IL); Hybrid; USD 93,000 - 168,000; Full time

Job summary

Health Care Service Corporation (HCSC) seeks a Staff Actuary in Chicago to apply statistics, finance theory, and actuarial principles to pricing, underwriting, reserving, forecasting, and related actuarial functions. The role requires independent work within the Actuarial department and may involve small projects.

The candidate will communicate complex results to varied audiences, contribute to documentation, training, and development, and bring 3+ years of actuarial experience with ASA/MAAA

Qualifications

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics or Economics.
• ASA and Membership in the American Academy of Actuaries (MAAA).
• At least 3 years of actuarial experience.
• Verbal and written communications skills to prepare effective documentation, facilitate training and development, and participate in presentations.
• PC proficiency to include Word and Excel.

Responsibilities

• Apply statistics, financial theory, mathematics and actuarial principles to pricing, underwriting, statistics, reserving, forecasting and other actuarial functions.
• Communicate complex concepts, information and recommendations to diverse audiences; manage small projects within Actuarial.

Skills

Communication

Word and Excel

Education

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

ASA and MAAA membership

Tools

Access

SQL

Visual Basic

Job description

At 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.

The Staff Actuary uses statistics, financial theory, mathematics, and basic financial and actuarial principles to assess the impact of company decisions or situations. They have an in-depth knowledge of at least one market or business segment and operate with a high level of autonomy for daily purposes of pricing, underwriting, statistics, reserving, forecasting and other actuarial functions. This position can communicate complicated concepts, information, and recommendations regarding process, data, analysis, and results, while catering information to different audiences as needed. As necessary, position manages small projects with limited interaction outside Actuarial department.

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).
• At least 3 years of actuarial experience.
• 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

• Access, SQL, Visual Basic or other programming skills.
• Actuarial experience in the health insurance or related field
• Experience in Financial Forecasting and Membership Forecasting
• Actual to Expected Analysis experience
• Experience in Financial Reporting

Please note that this role is HYBRID with an in-office requirement of 3 days a week and VISA sponsorship is NOT available for this role.

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Compensation: $92,700.00 - $167,500.00

Exact compensation may vary based on skills, experience, and location

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.