Staff Actuary (ACA Pricing)

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

Benefits offered by this job

Health and wellness benefits

401(k) savings plan

Pension plan

Paid time off

Paid parental leave

Disability insurance

Life insurance

Employee assistance program

Paid holidays

Tuition reimbursement

Job summary

Health Care Service Corporation (HCSC) seeks a Lead Actuarial Analyst to apply statistics, financial theory, mathematics, and basic actuarial principles across pricing, underwriting, statistics, reserving, forecasting and other actuarial functions. They will operate with autonomy on daily tasks and lead small projects within Actuarial.

The role requires ASA and MAAC/MAAA, 3+ years of actuarial experience, strong Excel/Word, and SQL/Access/VBA proficiency.

Qualifications

• Bachelor degree in Actuarial Science, Mathematics, Statistics or Economics.
• ASA and MAAA certification.
• At least 3 years of actuarial experience.
• Verbal and written communications skills to prepare documentation and presentations.
• PC proficiency to include Word and Excel.

Responsibilities

• Apply statistics, math and actuarial principles to pricing, underwriting, reserving, forecasting and related tasks.
• Communicate complex results to varied audiences; manage small projects within Actuarial.
• Work with autonomous daily duties and collaborate with actuarial team as needed.

Skills

Communication skills

Analytical skills

Actuarial experience

PC proficiency

Education

Bachelor degree in Actuarial Science, Mathematics, Statistics or Economics

Other Bachelor (or higher) Degrees may be considered

ASA and MAAC/MAAA

Tools

SQL

Access

VBA

Excel

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.

Job Summary

The Lead Actuarial Analyst 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

• ACA pricing and Individual/Small Group market experience
• Proficiency in SQL, Access, VBA, or similar programming tools
• Health insurance actuarial experience preferred
• Strong analytical and data modeling skills

This is a Hybrid role with a 3 day in office requirement in any of the locations posted.

No Visa Sponsorship #LI-MG1

At Health Care Service Corporation, you will be part of an organization committed to offering meaningful benefits to our employees to support their life outside of work.

• health and wellness benefits
• 401(k) savings plan
• pension plan
• paid time off
• paid parental leave
• disability insurance
• supplemental life insurance
• employee assistance program
• paid holidays
• tuition reimbursement
• plus other incentives

we offer a robust total rewards package for employees. Learn more about our benefit offerings by visiting https://careers.hcsc.com/totalrewards. The compensation offered will vary depending on your job-related skills, education, knowledge, and experience. This role aligns with an annual incentive bonus plan subject to the terms and the conditions of the plan. Flex employees are expected to be in the office a minimum of three days a week. Management will have discretion to modify an employee's weekly schedule for exigent circumstances.

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.

Base Pay Range $92,700.00 - $167,500.00 Exact compensation may vary based on skills, experience, and location.

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For more than 80 years, HCSC has been dedicated to expanding access to high-quality, cost-effective health care and equipping our members with information and tools to make the best health care decisions for themselves and their families. As an industry leader, HCSC also has been helping to make the health care system work better for all Americans. To remain a leader, we offer compelling careers that encourage resourcefulness, strategic thought and empower you to make a difference in the lives of our members and their communities. Today, with the industry at an important crossroad, HCSC is reimagining health care and looking for original thinkers who aren't afraid to make innovative contributions. We are an Equal Opportunity Employment employer dedicated to workforce diversity and a drug-free and smoke-free workplace. Learn more about HCSC, our commitment to our members and the opportunity you'll have to improve health care delivery in an open, collaborative environment.

HCSC is committed to diversity in the workplace and to providing equal opportunity to employees and applicants. If you are an individual with a disability or a disabled veteran and need an accommodation or assistance in either using the Careers website or completing the application process, you can call us at 1-866-977-7378 to request reasonable accommodations. Please note that only requests for accommodations in the application process will be returned.

Blue Cross and Blue Shield of Illinois, Blue Cross and Blue Shield of Montana, Blue Cross and Blue Shield of New Mexico, Blue Cross and Blue Shield of Oklahoma, and Blue Cross and Blue Shield of Texas, Divisions of Health Care Service Corporation, a Mutual Legal Reserve Company, and Independent Licensee of the Blue Cross and Blue Shield Association © Copyright 2025 Health Care Service Corporation. All Rights Reserved.