Staff Actuary

Human Resources; Chicago (IL); Hybrid; USD 93,000 - 168,000; Full time

Job summary

HCSC is seeking a Staff Actuary to apply statistics, financial theory, and actuarial principles to pricing, underwriting, forecasting and reserving decisions. The role requires autonomy and the ability to present complex concepts to varied audiences.

Hybrid work with in-office 3 days per week is offered; visa sponsorship is not available. Compensation ranges from $92,700 to $167,500 depending on experience and location.

Qualifications

• Bachelor degree in Actuarial Science, Mathematics, Statistics or Economics (or higher).
• ASA certification and MAAA membership.
• At least 3 years actuarial experience.
• Strong verbal and written communication and MS Word/Excel proficiency.
• PC proficiency to include Word and Excel.

Responsibilities

• Apply statistics, financial theory and actuarial principles to pricing and underwriting.
• Perform forecasting, reserving and other actuarial analyses.
• Communicate complex results to diverse audiences.
• Manage small actuarial projects with limited cross‑department interaction.

Skills

Verbal and written communication

MS Word and Excel proficiency

Analytical thinking

Education

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

ASA certification

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.

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.

To learn more about available benefits, please click https://careers.hcsc.com/totalrewards