Actuarial Analyst

HCSC•Chicago, IL
•Hybrid

About The Position

At HCSC, employees are described as the cornerstone of the business and foundation for its success. The company offers curated development plans to support employee growth and rewarding careers. The Actuarial Analyst participates in implementing, maintaining, and conducting basic analyses of models, studies, and systems that apply actuarial principles to pricing, underwriting, statistics, reserving, forecasting, and other actuarial functions. The role involves running, building, and analyzing the results of basic models, developing oral and written presentation skills, and learning fundamental business and actuarial concepts. This is a hybrid role requiring three days in the office each week at one of the posted locations. The role is not eligible for visa sponsorship.

Requirements

  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, or Economics; other bachelor's or higher degrees may be considered.
  • Completion of one ASA (Associate of the Society of Actuaries) exam equivalent, based on the Society of Actuaries’ Education and Examination System.
  • Verbal and written communication skills to prepare effective documentation, facilitate training and development, and participate in presentations.
  • PC proficiency, including Word and Excel.

Nice To Haves

  • ACA pricing and Individual/Small Group market experience.
  • Proficiency in SQL, Access, VBA, or similar programming tools.
  • Health insurance actuarial experience.
  • Strong analytical and data modeling skills.

Responsibilities

  • Participate in implementing and maintaining models, studies, and systems that use actuarial principles.
  • Conduct basic analysis for pricing, underwriting, statistics, reserving, forecasting, and other actuarial functions.
  • Run, build, and analyze the results of basic models.
  • Develop oral and written presentation skills.
  • Learn 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
  • Other incentives
  • Annual incentive bonus plan, subject to plan terms and conditions
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