4 Jobs in Chicago, IL
Hire Integrated is Hiring an Actuary Near Chicago, IL
Office Location: Arlington Heights, IL, or City Center of Chicago, IL
Workplace Requirements: During the first 90 days of employment, the position requires in-office presence. Following this initial period, there is the possibility of transitioning to a hybrid work schedule (3-4 days in office).
Specialization: Our client company is a niche insurance provider specializing in Fast Food Restaurant Programs, E&S Property, E&S Primary Casualty, and Excess Liability. They prioritize exceptional client service and a meticulous approach to their work.
About the Job:
High-Level Overview:
They are seeking an experienced Actuary to join their team in the Chicago area. As an Actuary, you will play a crucial role in assessing and managing financial risks associated with various insurance products.
Responsibilities:
- Risk Assessment: Utilize mathematical, statistical, and financial techniques to analyze and evaluate risks associated with insurance policies, including General Liability (GL), Worker’s Compensation, and Multiline (Package incl. property) products.
- Data Analysis: Collect and analyze data to predict the probability and cost of future events, aiding informed decisions about pricing, underwriting, and reserving.
- Product Development: Collaborate with underwriters and stakeholders to develop new insurance products tailored to client needs, ensuring competitiveness and profitability in the market.
- Regulatory Compliance: Ensure all insurance products and pricing strategies comply with relevant regulatory requirements and industry standards.
Requirements:
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field.
- 5-7 years of experience in actuarial roles within the insurance industry.
- Experience with General Liability (GL), Worker's Compensation, and Multiline (Package, incl. property) insurance products.
- Preferred: Professional certifications such as Fellow of the Society of Actuaries (FSA) or Associate of the Society of Actuaries (ASA).
This role offers an opportunity to apply your actuarial expertise in a dynamic environment, contributing to the success of our insurance offerings.
Job Summary
Full Time
$80k-99k (estimate)
04/20/2024
06/19/2024
The job skills required for Actuary include Actuarial, Pricing, Futures, Actuarial Science, Underwriting, Data Analysis, etc. Having related job skills and expertise will give you an advantage when applying to be an Actuary. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Actuary. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Actuary positions, which can be used as a reference in future career path planning. As an Actuary, it can be promoted into senior positions as an Actuary II that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Actuary. You can explore the career advancement for an Actuary below and select your interested title to get hiring information.
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