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Health Care Service Corporation

Staff Actuary

Posted One Month Ago
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In-Office
Chicago, IL, USA
93K-168K Annually
Mid level
In-Office
Chicago, IL, USA
93K-168K Annually
Mid level
The Staff Actuary applies mathematics, statistics, financial theory, and actuarial principles to pricing, underwriting, reserving, forecasting, and related analyses. The role evaluates business decisions, develops data-driven insights, communicates complex recommendations, and may manage small actuarial projects. Healthcare or health insurance experience, claims analysis, medical trend forecasting, actuarial modeling, and proficiency with SQL, R, and advanced Excel are preferred. This is a hybrid role requiring three days in the office weekly.
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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

The Staff Actuary 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:


  • Healthcare or health insurance actuarial experience.
  • Experience forecasting medical trends and analyzing claims data.
  • Pricing and financial forecasting experience.
  • Proficiency with SQL, R, and advanced Excel.
  • Experience developing actuarial models and data-driven insights.
  • Ability to work independently in a fast-paced environment.
  • Strong communication and presentation skills.

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

Sponsorship is not available.

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Are you being referred to one of our roles? If so, ask your connection at HCSC about our Employee Referral process!

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.

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.


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.

Base Pay Range$92,700.00 - $167,500.00

Exact compensation may vary based on skills, experience, and location.

HQ

Health Care Service Corporation Chicago, Illinois, USA Office

300 E Randolph St, Chicago, IL, United States, 60601

Health Care Service Corporation Downers Grove, Illinois, USA Office

Downers Grove, United States, 0

Health Care Service Corporation Naperville, Illinois, USA Office

Naperville, United States, 0

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