Full-Time

Actuarial Analyst

Confirmed live in the last 24 hours

HCSC

HCSC

Health insurance provider in multiple states

Financial Services
Healthcare

Compensation Overview

$48.6k - $107.3kAnnually

Entry

Chicago, IL, USA + 1 more

More locations: Richardson, TX, USA

Hybrid position requiring in-office presence.

Category
Insurance
Finance & Banking
Requirements
  • Bachelor degree in Actuarial Science, Mathematics, Statistics or Economics. Other Bachelor (or higher) Degrees may be considered.
  • Completion of 1 ASA (Associate of the Society of Actuaries) exam equivalent based on specifications in the Society of Actuaries’ Education and Examination System.
  • Verbal and written communications skills to prepare effective documentation, facilitate training and development, and participate in presentations.
  • PC proficiency to include Word and Excel.
Responsibilities
  • Runs models and builds basic models. Performs basic analysis to begin to understand the results of the modeling.
  • Complies with all applicable compliance requirements.
  • Communicates effectively with other Actuarial Analysts and Actuarial management. Begins to develop oral and written business presentation skills.
  • Develops relationships with other Actuarial Analysts.
  • Begins to learn basic business and actuarial concepts. Applies general learnings in business specific situations.
  • Begins minimal management of small projects and daily activities.
  • Potential to manage an actuarial intern.
  • Makes improvements to process and models.
  • Must participate in the Actuarial Student Program, if not a credentialed actuary (ASA or FSA)

HCSC provides health insurance services across five states: Illinois, Montana, New Mexico, Oklahoma, and Texas. The company offers a variety of health insurance plans designed for individuals, families, and businesses, ensuring that different healthcare needs are met. HCSC's plans work by collecting premiums from members, which fund the healthcare services they provide. In addition to insurance, HCSC invests in health and wellness programs aimed at lowering healthcare costs and enhancing the health outcomes of its members. What sets HCSC apart from other health insurance providers is its long-standing experience in the industry and its commitment to compassion and innovation in healthcare. The company's goal is to empower people to lead healthier lives while maintaining a focus on quality care.

Company Stage

N/A

Total Funding

$472.7M

Headquarters

Chicago, Illinois

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • The new Houston office will create numerous job opportunities, fostering local economic growth and community development.
  • The acquisition of Cigna's Medicare businesses will expand HCSC's product offerings and geographic reach, benefiting current and future members.
  • Recognition as one of the 'Best Places to Work in IT' and having a CEO listed among the 'Most Influential People in Healthcare' highlight HCSC's strong leadership and positive work environment.

What critics are saying

  • The $231,900 fine from the Illinois Department of Insurance for an inaccurate provider directory could damage HCSC's reputation and trust with members.
  • The integration of Cigna's Medicare businesses may pose operational challenges and potential disruptions.

What makes HCSC unique

  • HCSC's strategic expansion into local communities, such as the new Houston office, emphasizes its commitment to economic growth and local workforce development, setting it apart from competitors.
  • The acquisition of Cigna's Medicare businesses significantly enhances HCSC's capabilities and reach in the growing Medicare market, providing a competitive edge.
  • HCSC's collaboration with Feeding America to address root causes of hunger showcases its holistic approach to community health, beyond traditional healthcare services.

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