Actuary (Individual Market)

Actuary (Individual Market)

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)


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