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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
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 Description:
* Runs models and builds basic models. Performs basic analysis to begin to understand the results of the modeling.
* Complies with all applicable compliance requirements.
* Communicates effectively with other Actuarial Analysts and Actuarial management. Begins to develop oral and written business presentation skills.
* Develops relationships with other Actuarial Analysts.
* Begins to learn basic business and actuarial concepts. Applies general learnings in business specific situations.
* Begins minimal management of small projects and daily activities.
* Potential to manage an actuarial intern.
* Makes improvements to process and models.
* Must participate in the Actuarial Student Program, if not a credentialed actuary (ASA or FSA)
Required Job Qualifications:
* Bachelor’s degree in Actuarial Science, Mathematics, Statistics or Economics. Other Bachelor (or higher) Degrees may be considered.
* Completion of 1 ASA (Associate of the Society of Actuaries) exam equivalent based on specifications in the Society of Actuaries’ Education and Examination System.
* 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 Internship or Actuarial Experience in the health insurance or related field.
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Pay Transparency Statement:
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. From 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.
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.
Base Pay Range$49,800.00 - $110,000.00
Health Care Service Corporation Chicago, Illinois, USA Office
300 E Randolph St, Chicago, IL, United States, 60601
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