Managing Actuary

HCSC • Chicago, IL

19d • Hybrid

About The Position

The Managing Actuary manages the implementation, maintenance, critical review, and analysis of models, studies, and systems that apply actuarial principles to pricing, underwriting, statistics, reserving, forecasting, and other actuarial functions. The role develops complicated models and teaches others how to develop models. It prepares written and oral presentations to support decision-making and manages day-to-day projects that may involve non-actuarial departments. The position requires a deep understanding of an actuarial area or business segment.

This is a Flex (hybrid) role requiring at least three days in the office and two days remote each week. Management may modify the weekly schedule in exigent circumstances. Sponsorship is not available.

Requirements

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or Economics; other bachelor's or higher degrees may be considered.
• Associate of the Society of Actuaries (ASA) and membership in the American Academy of Actuaries (MAAA), with compliance with the membership requirements for each professional designation.
• At least 4 years of actuarial experience in health insurance or a related field.
• 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

• Pharmacy actuarial experience.
• Medicare experience.
• Health insurance or managed care experience.
• SQL experience.
• SAS, R, or other programming experience.
• Strong analytical and data modeling skills.
• Advanced Excel and PowerPoint proficiency.
• Experience analyzing large healthcare datasets.

Responsibilities

• Manage the implementation, maintenance, critical review, and analysis of actuarial models, studies, and systems.
• Develop complicated models and teach others how to develop models.
• Develop written and oral presentations that deliver information for decision-making.
• Manage day-to-day projects, which may include non-actuarial departments.
• Demonstrate a deep understanding of an actuarial area or business segment.

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

What This Job Offers

• Job Type: Full-time
• Career Level: Manager