HUB International Logo

HUB International

Actuarial Consultant

Reposted 5 Hours Ago
Be an Early Applicant
In-Office
Chicago, IL, USA
110K-150K Annually
Senior level
In-Office
Chicago, IL, USA
110K-150K Annually
Senior level
The Actuarial Consultant leads actuarial support for Employee Benefits clients, mentors junior members, and collaborates with internal teams for data-driven analyses and financial consulting.
The summary above was generated by AI
Job Description

ABOUT US

At HUB International, we are a team of entrepreneurs. We believe in protecting and supporting the aspirations of individuals, families, and businesses. We help our clients evaluate their risks and develop solutions tailored to their needs. We believe in empowering our employees to learn, grow, and make a difference. Our structure enables our teams to maintain their own unique, regional culture while leveraging support and resources from our corporate centers of excellence.

HUB is a global insurance and employee benefits broker, providing a boundaryless array of business insurance, employee benefits, risk services, personal insurance, retirement, and private wealth management products and services. With over $5 billion in revenue and almost 20,000 employees in 600 offices throughout North America, HUB has grown substantially, in part due to our industry leading success in mergers and acquisitions.

ABOUT THE ROLE

The Actuarial Consultant will support our growing national actuarial practice, initially reporting to the National Director of Underwriting and Actuarial Services. This individual will support a portfolio of Employee Benefits (EB) clients varying in the role of lead actuary (for small to mid-market clients) and supporting actuary (for the large market clients).

The Actuarial Consultant will also provide mentorship to junior team members and may offer support to regional consulting teams. This role requires a hands-on approach to both routine and ad hoc analyses, leveraging data from our warehouse and other systems to meet client needs and support strategic national initiatives.

In this collaborative role, the Actuarial Consultant will work closely with specialty practices such as Clinical and Pharmacy teams, as well as development teams, to drive success across the organization. They will act as a valuable resource for regional financial consulting teams, helping ensure exceptional service and expert guidance.

In This Role, You’ll Get To

The essential duties contained in this job description reflect general details as necessary to describe the principal functions of this job, the level of knowledge and skill typically required and the scope of responsibility. It should not be considered an all-inclusive listing of work requirements. Individuals may perform other duties as assigned, including work in other functional areas to cover absences, equalize peak work periods or otherwise to balance the workload.

  • Act as client lead for small and mid-market clients; provide support to large clients
  • Coordinate with internal teams to ensure high-quality, timely deliverables for clients
  • Support the National Director and Senior Actuary to offer actuarial direction and strategic guidance, supporting the financial reporting needs enterprise-wide, including the development of financial templates, calculators, and models
  • Execute projects, including: experience reports, budget projections, and reserve setting
  • Work on ad hoc projects requiring data analysis within Excel and HUB’s data warehouse
  • Update, build, and review tools and templates
  • Collaborate with Clinical, Pharmacy, and Health & Performance teams on various cost containment analyses and strategies
  • Analyze benefits plans, funding mechanisms and/or vendor partners to help achieve clients’ goals
  • Act as a strategic advisor/SME to clients and/or internal stakeholders as it relates to actuarial and financial consulting needs
  • May represent HUB to prospective and current clients
  • Work on special projects and continue to build technical skills
  • Support junior colleague development through peer review and mentorship

Role Requirements

  • Bachelor’s degree. 
  • Active Associate of the Society of Actuaries (ASA) certification
  • Able to sign actuarial certifications with necessary Associate of the Society of Actuaries and Member of the American Academy of Actuaries credentials
  • 5+ years of employee benefits consulting experience.  Experience with clients ranging from mid-market, upper mid-market, and jumbo preferred
  • Knowledge of various markets across the US preferred
  • Exposure to various industries, including education, healthcare and public-sector preferred
  • Proficiency with Excel, VBA, Power Query, Power BI, SQL, and/or other technical experience
  • Experience with self-funded clients and comfortable projecting budgets, setting reserves, and negotiating renewals
  • Strong critical thinking skills and ability to manipulate and analyze data
  • Passion for leading and developing others
  • Ability to communicate clearly with clients and internal stakeholders
  • Experience leading client teams/projects and delivering client presentations
  • Comfortable in data warehouse, running standard and ad hoc reports
  • Obtain Life & Health Insurance license within first 3 months of employment with HUB

JOIN OUR TEAM

Do you believe in the power of innovation, collaboration, and transformation? Do you thrive in a supportive and client focused work environment? Are you looking for an opportunity to help build and drive change in a rapidly growing and evolving organization? When you join HUB International, you will be part of a community of learners and doers focused on our Core Values: entrepreneurship, teamwork, integrity, accountability, and service.

The expected salary range for this position is $ 110,000 to $150,000 and will be impacted by factors such as the successful candidate’s skills, experience and working location, as well as the specific position’s business line, scope and level. HUB International is proud to offer comprehensive benefit and total compensation packages which could include health/dental/vision/life/disability insurance, FSA, HAS and 401(k) accounts, paid-time-off benefits such as vacation, sick, personal, floating holidays and company holidays. In addition, eligible annual bonuses, equity and commissions may be available for some positions. 

Department Account Management & Service

Required Experience: 5-7 years of relevant experience

Required Travel: Negligible

Required Education: Bachelor's degree (4-year degree)

HUB International Limited is an equal opportunity employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations.

E-Verify Program

We endeavor to make this website accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact the recruiting team [email protected]. This contact information is for accommodation requests only; do not use this contact information to inquire about the status of applications.

HQ

HUB International Chicago, Illinois, USA Office

300 North LaSalle, 17th Floor, Chicago, IL, United States, 60654

Similar Jobs

6 Days Ago
In-Office or Remote
122K-260K Annually
Senior level
122K-260K Annually
Senior level
Fintech • HR Tech • Insurance • Consulting
The role involves managing actuarial projects for clients, delivering analyses, mentoring junior staff, and communicating with stakeholders. Requires extensive P&C insurance knowledge and actuarial credentials.
Top Skills: Excel
57 Minutes Ago
Hybrid
Chicago, IL, USA
140K-200K Annually
Senior level
140K-200K Annually
Senior level
Fintech • Information Technology • Insurance • Financial Services • Big Data Analytics
Lead fundamental equity research for assigned sectors, generate high-conviction investment ideas, and partner with portfolio managers to influence portfolio construction. Analyze company and industry fundamentals, screen securities, present written and verbal recommendations, attend meetings and conferences, and cover 20–40 securities while supporting client and prospect presentations.
An Hour Ago
Remote or Hybrid
Chicago, IL, USA
140K-180K Annually
Senior level
140K-180K Annually
Senior level
Cloud • Insurance • Payments • Software • Business Intelligence • App development • Big Data Analytics
Lead design and deployment of AI agents and automation across customer delivery, defining ROI and performance metrics, building RAG/LLM solutions, creating an AI playbook for CX teams, and partnering with Product and Engineering to drive adoption and quality in implementations.
Top Skills: Agentic FrameworksAutogptLangchainLlmsPrompt EngineeringRetrieval-Augmented Generation (Rag)

What you need to know about the Chicago Tech Scene

With vibrant neighborhoods, great food and more affordable housing than either coast, Chicago might be the most liveable major tech hub. It is the birthplace of modern commodities and futures trading, a national hub for logistics and commerce, and home to the American Medical Association and the American Bar Association. This diverse blend of industry influences has helped Chicago emerge as a major player in verticals like fintech, biotechnology, legal tech, e-commerce and logistics technology. It’s also a major hiring center for tech companies on both coasts.

Key Facts About Chicago Tech

  • Number of Tech Workers: 245,800; 5.2% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: McDonald’s, John Deere, Boeing, Morningstar
  • Key Industries: Artificial intelligence, biotechnology, fintech, software, logistics technology
  • Funding Landscape: $2.5 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Pritzker Group Venture Capital, Arch Venture Partners, MATH Venture Partners, Jump Capital, Hyde Park Venture Partners
  • Research Centers and Universities: Northwestern University, University of Chicago, University of Illinois Urbana-Champaign, Illinois Institute of Technology, Argonne National Laboratory, Fermi National Accelerator Laboratory

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account