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Managing Actuary

Health Care Service Corporation
United States, Illinois, Chicago
Nov 07, 2024

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 This position is responsible for managing the implementation, maintenance and critical review and analysis of models, studies and systems which use actuarial principles for the purposes of pricing, underwriting, statistics, reserving, forecasting and other actuarial functions; developing complicated models and teaching others how to develop models. Developing written and oral presentations that drive the delivery of information for decision making; and managing day-to day projects that may include non-actuarial departments. Must also possess and demonstrate a deep understanding of one actuarial area or business segment.

Job Description:

  • Develops advanced models and processes for complicated scenarios and teaches others how to develop models. Ensures that the modeling is being done appropriately, efficiently and in a timely manner.
  • Complies with all applicable compliance requirements and all Actuarial Standards of Practice.
  • Communicates effectively within the Finance Division. Ensures that presentations are accurate, effective and completed on time. Has ability to develop written and oral presentations that clearly drive the delivery of information for decision making.
  • Develops all internal (Actuarial) and external (other areas within the Company) relationships necessary to accomplish goals.
  • Understands basic business and actuarial concepts and models. Deeply understands certain actuarial areas and/or at least one business segment.
  • Manages day to day projects that may include non-Actuarial departments.
  • Likely hands on management and development of Actuarial Analysts and/or Senior Actuarial Analysts.
  • Ensures that continuous improvements are being made in the various work being managed.

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). Compliance with the membership requirements for each professional designation.
  • At least 4 years of actuarial experience in the health insurance or related field.
  • 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:

  • Access, SQL, Visual Basic or other programming skills.

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

HCSC Employment Statement:

We are an Equal Opportunity Employment / Affirmative Action employer dedicated to providing an inclusive workplace where the unique differences of our employees are welcomed, 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.

Base Pay Range$88,700.00 - $160,200.00
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