Staff Actuary

Actuarial Division; Chicago (IL); Hybrid; USD 93,000 - 168,000; Full time

Job summary

HCSC is seeking an actuary to participate in implementation, maintenance, and basic analysis of models and studies using actuarial principles for pricing, underwriting, statistics, and reserving in a hybrid work setting.

The role emphasizes running and interpreting basic models, developing presentation skills, and learning core business and actuarial concepts with opportunities for professional development.

Qualifications

• Bachelor degree in Actuarial Science, Mathematics, Statistics or Economics. Other Bachelor (or higher) Degrees may be considered.
• 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

• Participate in implementation, maintenance and basic analysis of models, studies and systems which use actuarial principles for pricing, underwriting, statistics, reserving, forecasting and other actuarial functions.
• Run, build and analyze results of basic models.
• Develop oral and written presentation skills; learn basic business and actuarial concepts.

Skills

Actuarial modeling

Data analysis

Communication skills

Excel proficiency

Education

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

ASA and MAAA

Tools

Excel

Word

PowerPoint

SQL

SAS

R

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.

This position is responsible for participating in implementation, maintenance and basic analysis of models, studies and systems which use actuarial principles for the purposes of pricing, underwriting, statistics, reserving, forecasting and other actuarial functions; running, building and analyzing results of basic models; developing oral and written presentation skills; and learning basic business and actuarial concepts.

Job Requirements:

• 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 Requirements:

• Pharmacy actuarial experience preferred
• 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

This is a Flex (Hybrid) role: 3 days in office; 2 days remote.

Sponsorship is not available.

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. We are a drug-free and smoke-free workplace. Employment may be contingent upon successful completion of drug screening in accordance with applicable law.