Health Care Service Corporation

Chicago, IL, USA
Full-TimeDepends on ExperienceSenior LevelPhd or Professional
Job Description

We are looking for an innovative and experienced Senior Staff Actuary to join Health Care Service Corporation. In this role, you will be responsible for providing actuarial and financial analysis related to pricing, product development, and reserving for our products & services. You will serve as a key advisor to the executive team, ensuring the soundness of our actuarial and financial decisions.The ideal candidate for this position should have a minimum of five years of experience in the healthcare industry with a strong focus on actuarial and financial analysis. You should have a Bachelor's degree in actuarial science, mathematics or a related field and have achieved at least one of the professional actuarial designations (e.g., FSA). Additionally, you should have excellent problem-solving and decision-making skills, as well as the ability to effectively communicate technical and complex topics to a variety of audiences. If you are an innovative and experienced actuary looking to join a highly-respected organization, we want to hear from you!

Responsibilities:

  1. Conduct detailed analysis of pricing, product development, and reserving for products & services.
  2. Provide strategic advice and counsel to the executive team in order to ensure the soundness of actuarial and financial decisions.
  3. Monitor and evaluate emerging trends and developments in the healthcare industry.
  4. Develop and maintain relationships with key stakeholders and external partners.
  5. Prepare and present technical and complex topics to a variety of audiences.
  6. Train and mentor junior staff to support organizational objectives.
  7. Design, develop, and implement actuarial and financial models and reports.
  8. Identify opportunities to improve processes and systems.
  9. Monitor and analyze financial results and performance metrics.
  10. Participate in special projects and initiatives as needed.
Where is this job?
This job is located at Chicago, IL, USA
Job Qualifications
  • Excellent Communication Skills

  • Proven Track Record Of Successfully Leading Teams

  • Knowledge Of Applicable Actuarial Standards And Principles

  • Demonstrated Ability To Develop And Present Actuarial Recommendations

  • Strong Technical And Analytical Skills

  • Proficiency In Microsoft Office Suite

  • Advanced Knowledge Of Actuarial Software Such As Prophet Or Moses

  • Ability To Effectively Manage Multiple Projects And Prioritize Work

Required Skills
  • Financial Analysis

  • Product Development

  • Project Management

  • Communication

  • Forecasting

  • Negotiation

  • Leadership

  • Analytics

  • Modeling

  • Pricing

  • Risk assessment

  • Collaboration

  • Business Strategy

  • Regulatory compliance

  • Reinsurance

Soft Skills
  • Communication

  • Leadership

  • Negotiation

  • Time management

  • Interpersonal Skills

  • Organization

  • Attention to detail

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Senior Staff Actuary in Chicago, IL, USA is $120,000 - $220,000 per year. This salary range is based on the median salary of Senior Staff Actuaries in the area, as well as other factors, such as the cost of living in Chicago and the experience and skills of the Actuary.

Additional Information
Health Care Service Corporation is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedJuly 7th, 2023
Apply BeforeJuly 20th, 2025
This job posting is from a verified source. 
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About Health Care Service Corporation

Health Care Service Corporation is a member-owned health insurance company in the United States. HCSC was formerly known as Hospital Service Corporation and changed its name to Health Care Service Corporation in 1975.

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