chicago, Illinois
Job description
Position Purpose: Conduct analysis, pricing and risk assessment to estimate financial outcomes.
Apply knowledge of mathematics, probability, statistics, principles of finance and business to calculate financial outcomes- Develop probability tables based on analysis of statistical data and other pertinent information
- Review insurance plans and calculate required premium rates
- Ensure cash reserves and liabilities enable payment of future benefits
- Determines equitable basis for distributing money for insurance benefits
- Participate in merger and acquisition analysis
Qualifications:
- Bachelor’s degree or in related field or equivalent experience.
- 7+ years of actuarial experience.
- License/Certification: Associate of the Society of Actuaries (ASA) (or equivalent international certification)
- Member of American Academy of Actuaries (or equivalent international membership)