Actuarial Jobs in Chicago, IL

An Actuary in the insurance industry plays a crucial role in managing risk. They use mathematics, statistics, and financial theory to study uncertain future events, especially those concerning insurance and pension programs. They help design insurance policies, pension plans, and other financial strategies by estimating the likely economic impact of various events such as sickness, accidents, natural disasters, and retirement. Actuaries are tasked with determining the potential financial risks of these events and advising companies on how to minimize such risks.

Actuaries must possess strong analytical skills, business knowledge, and an understanding of human behavior to design and implement business strategies. They typically need to have a bachelor's degree and must pass a series of exams to become certified professionals. The two primary actuarial societies in the U.S. are the Society of Actuaries (SOA) and the Casualty Actuarial Society (CAS). To become an Actuary, a person could have roles such as an Actuarial Intern or Actuarial Analyst. They might also come from a background in Data Analysis or Statistics. The progression to becoming an Actuary requires rigorous exam preparation and practical experience in the field.

1-15 of 72 Jobs

Senior Analyst, Actuarial

  • Chicago, IL
  • 12 hours ago
  • Chicago, IL
  • 12 hours ago

the latest actuarial techniques. + Demonstrates a high level of personal drive, ownership, organization, technical acumen, and communication....

Actuarial Director, Reserving & Loss Analytics (Hybrid)

  • Chicago, IL
  • 1 day ago
  • Chicago, IL
  • 1 day ago

These engagements would primarily support Commercial Casualty (Auto Liability and General Liability) and Workers Compensation....

Humana also has actuarial offices in the following locations: Traditional main offices include Louisville, KY, Green Bay, WI, and Chicago, IL....

Remote Work

Consulting Actuary - Special Projects

  • Downers Grove, IL (20 miles from Chicago, IL)
  • 1 day ago
  • Downers Grove, IL (20 miles from Chicago, IL)
  • 1 day ago

POSITION SUMMARY: The Consulting Actuary Special Projects will support the direct underwriting and program underwriting teams, is a subject matter expert in the areas of reserving, rate indications...

Senior Manager, Actuary

  • Melrose Park, IL (10 miles from Chicago, IL)
  • 2 days ago
  • Melrose Park, IL (10 miles from Chicago, IL)
  • 2 days ago

The Pricing team is hiring Senior Managers to lead the preparation and analysis of underwriting, rating, and claims performance, which serve as the basis for ratemaking, reserving, management information...

Health Actuarial Consultant

  • Chicago, IL
  • 3 days ago
  • Chicago, IL
  • 3 days ago

to: Lead routine client engagements, managing overall service delivery, strategy, financial evaluations, plan design, renewal, business placement, benchmarking, and other projects associated with underwriting...

Senior Manager, Actuary

  • Chicago, IL
  • 4 days ago
  • Chicago, IL
  • 4 days ago

The Pricing team is hiring Senior Managers to lead the preparation and analysis of underwriting, rating, and claims performance, which serve as the basis for ratemaking, reserving, management information...

P&C Actuarial Consultant

  • Chicago, IL
  • 4 days ago
  • Chicago, IL
  • 4 days ago

Requirements Bachelor's Degree in Mathematics, Actuarial Science, Economics, or Statistics Minimum of 10+ years professional experience in a Property and Casualty insurance company, financial services...

Remote Work

Actuarial Analyst II

  • Chicago, IL
  • 5 days ago
  • Chicago, IL
  • 5 days ago

The Actuarial Analyst II completes projects and performs complex actuarial studies....

Senior A&H Pricing Actuary

  • Chicago, IL
  • 5 days ago
  • Chicago, IL
  • 5 days ago

Participate in cross-functional teams and projects, sharing best practices in actuarial methods....

Actuarial Director, Pricing - P&C Programs

  • Chicago, IL
  • 5 days ago
  • Chicago, IL
  • 5 days ago

and Reporting: Monitor portfolio rate change, pricing adequacy and underwriting mix change on new and renewal business to guide Program Managers and make informed decisions Actuarial Studies: Analyses...

Actuary

  • Schaumburg, IL (23 miles from Chicago, IL)
  • 6 days ago
  • Schaumburg, IL (23 miles from Chicago, IL)
  • 6 days ago

Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals....

Director & Actuary or Director Assistant Actuary, Small Commercial

  • Chicago, IL
  • 6 days ago
  • Chicago, IL
  • 6 days ago

This position is a key role within the Actuarial Department supporting The Hartford's $5 Billion Small Business segment....

Senior Actuarial Consultant - Large Account Pricing

  • Chicago, IL
  • 6 days ago
  • Chicago, IL
  • 6 days ago

This role supports loss-rated and loss-sensitive casualty business across Commercial, including workers compensation, general liability, and commercial auto....

Actuarial Analyst

  • Chicago, IL
  • 9 days ago
  • Chicago, IL
  • 9 days ago

, underwriting, statistics, reserving, forecasting and other actuarial functions; running, building and analyzing results of basic models; developing oral and written presentation skills; and learning...

Demographic Data for Chicago, IL

Moving to Chicago, IL? Find some basic demographic data about Chicago, IL below.


Local
National
2,729,418
63,356
Large

Actuarial Online Courses and Training Opportunities

iHireInsurance curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Introduction to Actuarial Science
This course readies you for a career as an actuary in finance, investments, banking or insurance. You may have heard of actuarial science, or you might even know an actuary, but do you know what...
actuarial
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actuarial-intro
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Title Synonyms

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Salary for Actuarial Jobs in Chicago, IL

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireInsurance research efforts.

Highest Education Level

Actuarials in Chicago, IL offer the following education background
Bachelor's Degree
53.2%
Master's Degree
21.9%
High School or GED
6.8%
Vocational Degree or Certification
6.5%
Associate's Degree
6.3%
Doctorate Degree
3.7%
Some College
1.4%
Some High School
0.2%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Actuarials in Chicago, IL
None
34.4%
2-4 years
18.8%
Less than 1 year
15.6%
4-6 years
12.5%
10+ years
9.4%
1-2 years
6.3%
8-10 years
3.1%


Other Career Titles

Here are some other career titles that require similar skills



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