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HUB International

Senior Actuarial Analyst

Posted 4 Days Ago
Be an Early Applicant
In-Office
Chicago, IL, USA
80K-100K Annually
Senior level
In-Office
Chicago, IL, USA
80K-100K Annually
Senior level
Support national actuarial practice by producing client reporting (experience reports, budget projections, reserves), performing ad hoc data analysis in Excel and the data warehouse, updating tools/templates, mentoring junior analysts, and collaborating with clinical, pharmacy, and finance teams. Deliver client presentations and pursue actuarial designation.
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ABOUT US
At HUB International, we are a team of entrepreneurs. We believe in empowering our clients, and we do so by protecting businesses and individuals in our local communities. We help businesses evaluate their risks and develop solutions tailored to their needs. We believe in empowering our employees. As a global firm, we offer employees resources in both technology and industry expertise, but we still maintain the local flavor of our offices. 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 the 5th largest global insurance and employee benefits broker, providing a boundaryless array of property, casualty, risk management, life and health, employee benefits, investment and wealth management products and services. With over 17,000 employees in more than 550 offices throughout North America, HUB has grown substantially, in part due to our industry leading success in mergers and acquisitions.

ABOUT THE ROLE

The Senior Actuarial Analyst will support our growing national actuarial practice. This role will primarily support regular reporting needs for our clients, including experience reporting, budget projections, and reserve setting.

As projects arise, the Senior Actuarial Analyst will be expected to do ad hoc analysis within our data warehouse or in excel in support of national initiatives or by request of our clients. This role may collaborate across other teams such as clinical, pharmacy, and development teams. The role may also work closing with regional financial teams as needs arise.

ESSENTIAL DUTIES AND RESPONSIBILITIES          

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.

  • Review junior colleagues’ work on standard financial deliverables
  • Complete initial data analysis for complex standard reports and ad hoc projects
  • Complete client deliverables, meeting team and client expectations and deadlines
  • Execute projects, including: experience reports, budget projections, reserve setting, creditable coverage testing, and network comparisons
  • Work on ad hoc projects requiring data analysis within Excel and HUB’s data warehouse
  • Update, build, and review tools and templates
  • Gain understanding of strategic planning process, client service cycle, and how the financial team supports our clients through the cycle
  • Work on special projects and continue to build technical skills
  • Support junior analysts’ development through peer review and mentorship
  • Intent to pursue actuarial designation

Role Requirements

  • Bachelor’s degree.  Major in actuarial science, mathematics, finance, economics or business preferred
  • Successful completion of 3 or more Actuarial exams
  • 3+ years of relevant work experience in employee benefits consulting or insurance carrier Self-funded client experience with exposure to budget setting and IBNRs preferred
  • Strong technical skills demonstrated through Excel, VBA, Power Query, PowerBI, and/or SQL
  • Strong critical thinking skills and ability to manipulate and analyze data
  • Effective written and oral communication skills
  • Demonstrated history of managing multiple projects
  • Detail-oriented, with strong organization and time-management skills
  • Experience leading client projects and delivering client presentations

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 $80,000 to $100,000 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 Accounting & Finance

Required Experience: 2-5 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

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