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Job Details

managing actuary

Company name
Blue Cross and Blue Shield of Illinois

Chicago, IL

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Job ID: LMS-*******


Job Purpose:

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.

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 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.

* Health actuarial experience.

This position is located in Chicago, IL.





HCSC is committed to diversity in the workplace and to providing equal opportunity and affirmative action to employees and applicants. We are an Equal Opportunity Employment / Affirmative Action employer dedicated to workforce diversity and a drug-free and smoke-free workplace. Drug screening and background investigation are required, as allowed by law. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.


Expertise Actuarial

Job Type Full-Time Regular

Location IL - Chicago

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Company info

Blue Cross and Blue Shield of Illinois
Website :

Company Profile
Blue Cross and Blue Shield of Illinois, a division of Health Care Service Corporation, a Mutual Legal Reserve Company, an independent licensee of the Blue Cross and Blue Shield Association Blue Cross and Blue Shield of Illinois traces its roots to the depths of the Great Depression and a group of Chicago business leaders who witnessed how relatively minor illnesses that required a hospital stay were ruining families financially. In 1936, they pooled their own savings and launched a not-for-profit company called Hospital Service Corporation to offer an affordable pre-paid hospital plan, which was a new concept at that time. The Chicago Plan, as it was called, was one of the forerunners of what we know as health insurance today.

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