Early Careers New Grad - Actuarial Analyst

Health Care Service Corporation•Chicago, IL
•$57,500 - $103,800•Hybrid

About The Position

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. New graduate Actuarial Analysts will participate in the Actuarial Student Program for role-specific technical and professional development. They will also participate in HCSC’s six-month Enterprise New Grad Program, which provides broader business exposure and supports the transition from college to the workplace. Formal New Employee Orientation to build business and industry acumen, Professional development sessions focused on workplace readiness, communication, relationship building and career growth, Exposure to HCSC business areas, leaders and career paths, Networking and shared learning with new graduate peers across the enterprise, Approximately four hours of virtual programming each month during the six-month program.

Requirements

  • Pursuing a bachelor’s or master’s degree in actuarial science, Mathematics, Statistics, Economics or another related quantitative field
  • Graduation date between December 2026 and June 2027
  • A minimum GPA of 3.0 on a 4.0 scale
  • Unrestricted authorization to work in the United States (We are not sponsoring work visas for this role)
  • Completion of 1 ASA (Associate of the Society of Actuaries) exam equivalent based on specifications in the Society of Actuaries Education and Examination System

Nice To Haves

  • Actuarial internship or actuarial experience in health insurance or related field
  • Verbal and written communication skills to prepare effective documentation, facilitate training and development, and participate in presentations
  • PC proficiency to include Word and Excel
  • Access, SQL, Visual Basic or other preferred programming skills

Responsibilities

  • 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
  • Learning basic business and actuarial concepts

Benefits

  • 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
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