Actuarial Analyst Jobs in Illinois

Job Title: AVP & ACTUARY - RESERVING Company: CNA Location: Chicago, IL Description: AVP & ACTUARY - RESERVINGReq. ID 8062Full or Part Time Full-timePrimary Location IL00 ChicagoOther Locations Employment Type RegularPercent Travel Supervisory Position Posted12/14/2009Position Description AVP & Actuary - Reserving-Lead actuarial studies of moderate to complex lines of business to be used in determining appropriate reserve levels and shaping CNA s overall business strategies. Responsible for reserving analyses and close related activities for CNA Commercial Lines products, including Workers Compensation, General Liability, Auto Liability, Property, Residual Market, and Marine. Additional responsibilities include but are not limited to the following: * Train and supervise mid-level and analyst-level actuarial staff during the reserve review process in a manner that ensures the overall quality of the analysis.* Hold meetings with business partners in pricing, claims, underwriting, and finance throughout the course of the analysis to understand the nature of the business insured within assigned products and seek input on specific drivers of the analysis. Lead results discussions and maintain ongoing communications with Finance, Claim, Underwriting, and Pricing areas.* Help prepare quarterly reserve meeting package for presentation to Senior Management, and present the results of assigned products at that meeting.* Develop and implement reserve variability measures. Research and evaluate papers on new reserving methodologies and implement new methods as appropriate, including predictive modeling.* Lead assigned actuarial team members in the Quarter close, including: supervise the entering and checking of the estimated and carried reserves for multiple products; researching and explaining the differences between projected and actual development; explaining financial results to our business partners; and analyzing ceded reserves for Schedule F.* Develop reserve estimates for small to medium sized ISO CAT events; monitor and maintain the database of those estimates as part of the Quarter close* Ensure consistent development of Claim Metrics exhibits and lead discussion of Claims Metrics meetings.Essential Duties & Responsibilities1. Implements strategic objectives with substantial impact on the short-term success for actuarial reserving for assigned product line or segment.2. Leads the review and/or performs analyses of reserve adequacy of assigned product line or segment and may complete several annual reserve studies. Presents information to senior management along with observations, areas of concern and recommendations. Works to incorporate results into daily business transactions.3. Monitors reserves of product line or segment to ensure present and future reserving strategies to achieve financial strength. Partners with Claim, Underwriting, Finance and other internal departments to exchange data and analyses of financial indicators4. Leads the monthly, quarterly and annual financial close process. Includes booking reserves by product, coverage, accident year and preparation of various financial exhibits, reports and disclosures.5. Leads activities of insurance departments, auditors, and external actuarial firms that evaluate reserve adequacy.6. May lead, direct and have full management accountability for staff in area of responsibility with an emphasis on talent management and succession planning in accordance with corporate strategic direction.May perform additional duties as assigned.Reporting RelationshipTypically VP and aboveSkills, Knowledge & Abilities1. In-depth technical knowledge of reserving and actuarial theories and practices and strong statistical modeling and working knowledge of a variety of product lines within P&C as it relates to reserving.2. Ability to effectively interact and communicate with all levels of external and/or internal business partners within scope of responsibility, team and/or matrix environment.3. Leadership and management skills demonstrating integrity and professionalism.4. Ability to drive results by identifying, and resolving problems within scope of responsibility.5. Knowledge of the insurance industry, its products and services.6. Knowledge of Microsoft Office Suite and other business-related software.Education & Experience1. Bachelor?s Degree in Math, Actuarial Science or related field required. Master?s Degree in related field preferred.2. Actuarial Associate or Fellowship is preferred.3. Membership in the American Academy of Actuaries preferred.4. Typically a minimum of10 years of related work experience, with five years of management experienceCNA has provided essential insurance to businesses for more than 100 years. We are respected worldwide as experts in understanding risks with an innovative portfolio of products and services. CNA products include standard commercial lines, specialty lines, surety, marine and other property-casualty coverages.CNA services include risk management, information services, underwriting, loss control and claims administration. Our comprehensive approach to insurance opens doors to an array of career opportunities. We offer an environment that challenges you to learn, to use your imagination and to gain professional qualifications in a company where you are part of a team pursuing common goals.One of the many advantages of working at CNA is the exceptional benefit program which includes: medical, dental, vision, Savings and Accumulation Plan (S-CAP) with company contributions, prescription drug plan, flexible spending accounts, sick and disability benefits, life insurance, tuition reimbursement, a business casual dress code, and an Employee Assistance Program (EAP).CNA is an Equal Opportunity Employer committed to a diverse work culture, M/F/D/V.Listed duties, responsibilities, requirements and functions are not meant to be all inclusive.

Job Title: Experienced Healthcare Actuary Company: Hewitt Associates Location: Chicago, IL Description: For over 65 years, Hewitt has been helping leading companies around the world get a great return on their most important investment-their people. We've earned our reputation for HR excellence through the thought leadership of Hewitt Consulting and the administrative leadership of Human Resources Outsourcing.Clients look to us for best-of-breed solutions to specific problems as well as fully integrated solutions that bring together our broad range of services. We enable our clients to build shareholder value by helping them hire, develop, motivate, retain and reward the employees who create that value every day.Hewitt began as an HR consulting firm-and our thought leadership, innovative consulting solutions, and client-intimate service remain the cornerstone of who we are. Our broad-based and unique consulting capabilities give companies worldwide the experience, creativity, and resources they need to take on their biggest human resources and organizational challenges.A. Conduct strategy development discussions and costing of scenarios related to strategy discussions B. Assist in client relationships from actuarial perspective C. Work with client to identify relevant cost measures and budgetary goals D. Assist in benchmarking discussions with clients, including strategy evolution as a result of benchmarking data E. Project savings/costs related to plan design or provider network changes F. Participate in HMO negotiation calls and meetings and lead as needed G. Review health care budget rate setting for self-insured plans; present results to client H. Review employee contribution rate development ; present results to clients I. Mentor actuarial students and delegate work as apporpriate J. Seek and provide peer review to ensure high quality client deliverables K. Where appropriate, involved with HHVI, FAS 106 Development, IBNP, HRO rate delivery, Discount Analysis, and Experience Monitoring ReportsL. Medicare Part D consulting and Attestations M. Assist in development and upkeep of internal actuarial models N. Develop general consulting skills, knowledge, and exposure O. Support Client Development for medium and large clients P. Sign Actuarial Opinions and lead analysis behind them, if qualified

Job Title: Commercial Lines Actuarial Analyst - Chicago #30147 Company: D.W. Simpson Global Actuarial Recruitment Location: Chicago, IL Description: Chicago-area client would like to review resumes of actuarial analysts with at least one year of casualty actuarial experience for Position 30147. Commercial lines experience ideal. Exam support.

Job Title: Commercial Lines Actuarial Analyst - DW Simpson Global Actuary Recruitment #30147 Company: DW Simpson Actuarial Recruit Location: Chicago, IL Description: Submit a brief registration form at http://www.dwsimpson.com/cform.html?M30147 for this position, or to be considered for any of DW Simpson's hundreds of actuarial opportunities for actuaries and actuarial students. Chicago-area client would like to review resumes of actuarial analysts with at least one year of casualty actuarial experience for Position 30147. Commercial lines experience ideal. Exam support. Visit http://www.dwsimpson.com for a representative international actuary job sampling, from entry level through actuarial student, actuarial analyst, actuarial assistant, ASA, FSA, EA, ACAS, FCAS, FIA, consulting principals, chief actuaries and upper management. Positions always available worldwide in health, life, annuities, property & casualty, pensions & investments, and non-traditional. Insurance, consulting, reinsurance, brokers and many other employers. We have the most jobs of any international actuary recruiting firm.DW Simpson Global Actuarial Recruitment, with a dedicated staff of 60, is the leading global actuarial recruiting organization.Property & Casualty Jobs: http://www.dwsimpson.com/pcjobs.html Life, Annuities & Investments Jobs: http://www.dwsimpson.com/lifejobs.html Health Jobs: http://www.dwsimpson.com/healthjobs.html Pension Jobs: http://www.dwsimpson.com/pensionjobs.html Entry Level Jobs: http://www.dwsimpson.com/studjobs.html Retained Worldwide Positions: http://www.dwsimpson.com /Salary Surveys: http://www.dwsimpson.com/salary.html Australia Jobs: http://www.dwsimpson.com/australia.html Asia Jobs: http://www.dwsimpson.com/asia.html (Hong Kong, China, Taiwan, Singapore, South Korea, Japan, Indonesia and other Asian countries.)India Jobs: http://www.dwsimpson.com/india.html Canada Jobs: http://www.dwsimpson.com/canada.html United Kingdom Jobs: http://www.dwsimpson.com/uk.html Europe Jobs: http://www.dwsimpson.com/europe.html Rest of World Jobs: http://www.dwsimpson.com/restofworld.html (Bermuda, Africa and other areas)Middle East Jobs: http://www.dwsimpson.com/middleeast.html (Dubai, Bahrain, Qatar, Saudi Arabia and other countries)Non-Traditional Data Mining, Financial Engineering, Benefits, Risk Management, Quantitative Jobs, Catastrophe Modeling, Predictive Modelling, Programming, Investments, Economics and other positions: http://www.dwsimpson.com/otherjobs.html

Job Title: Health Management Actuary Experienced Company: Hewitt Associates Location: Chicago, IL Description: For over 65 years, Hewitt has been helping leading companies around the world get a great return on their most important investment-their people. We've earned our reputation for HR excellence through the thought leadership of Hewitt Consulting and the administrative leadership of Human Resources Outsourcing. Clients look to us for best-of-breed solutions to specific problems as well as fully integrated solutions that bring together our broad range of services. We enable our clients to build shareholder value by helping them hire, develop, motivate, retain and reward the employees who create that value every day. Hewitt began as an HR consulting firm-and our thought leadership, innovative consulting solutions, and client-intimate service remain the cornerstone of who we are. Our broad-based and unique consulting capabilities give companies worldwide the experience, creativity, and resources they need to take on their biggest human resources and organizational challenges. A. Conduct strategy development discussions and costing of scenarios related to strategy discussions B. Assist in client relationships from actuarial perspective C. Work with client to identify relevant cost measures and budgetary goals D. Assist in benchmarking discussions with clients, including strategy evolution as a result of benchmarking data E. Project savings/costs related to plan design or provider network changes F. Participate in HMO negotiation calls and meetings and lead as needed G. Review health care budget rate setting for self-insured plans; present results to client H. Review employee contribution rate development ; present results to clients I. Mentor actuarial students and delegate work as apporpriate J. Seek and provide peer review to ensure high quality client deliverables K. Where appropriate, involved with HHVI, FAS 106 Development, IBNP, HRO rate delivery, Discount Analysis, and Experience Monitoring Reports L. Medicare Part D consulting and Attestations M. Assist in development and upkeep of internal actuarial models N. Develop general consulting skills, knowledge, and exposure O. Support Client Development for medium and large clients P. Sign Actuarial Opinions and lead analysis behind them, if qualified Bachelors degree in Actuarial Science, Mathematics or Statistics, or other related fileds FSA or near FSA (or 7-10 years of work experience in health care actuarial field as career ASA) 5 - 8 years actuarial work experience 3 years of employer consulting experience All positions require an applicant who has accepted an offer to undergo a background check. The checks run are based on the nature of the position. Background checks may include some or all of the following: education verification, employment verification, criminal check, Denied Restricted Parties Lists or OFAC lists check, fingerprint verification, credit check, and/or drug test. By applying for a position with Hewitt Associates, you understand that you will be required to undergo a background check should you be made an offer. You also understand that the offer is contingent upon successful completion of the background check and results consistent with Hewitt's employment policies. You will be notified during the hiring process which checks are required by the position. Hewitt is an Equal Opportunity Employer Committed to Diversity, M/F/D/V PLEASE APPLY USING THIS BUTTON ONLY

Job Title: ACAS Casualty Actuary or Senior Actuarial Analyst - DW Simpson Global Actuary Recruitment #30145 Company: DW Simpson Actuarial Recruit Location: Chicago, IL Description: Submit a brief registration form at http://www.dwsimpson.com/cform.html?M30145 for this position, or to be considered for any of DW Simpson's hundreds of actuarial opportunities for actuaries and actuarial students. For Position 30145, this Chicago-area client is now seeking an ACAS casualty actuary or a senior casualty actuarial analyst with 4+ actuarial exams passed.Commercial lines reserve analysis and pricing experience ideal. Immediate need. Visit http://www.dwsimpson.com for a representative international actuary job sampling, from entry level through actuarial student, actuarial analyst, actuarial assistant, ASA, FSA, EA, ACAS, FCAS, FIA, consulting principals, chief actuaries and upper management. Positions always available worldwide in health, life, annuities, property & casualty, pensions & investments, and non-traditional. Insurance, consulting, reinsurance, brokers and many other employers. We have the most jobs of any international actuary recruiting firm.DW Simpson Global Actuarial Recruitment, with a dedicated staff of 60, is the leading global actuarial recruiting organization.Property & Casualty Jobs: http://www.dwsimpson.com/pcjobs.html Life, Annuities & Investments Jobs: http://www.dwsimpson.com/lifejobs.html Health Jobs: http://www.dwsimpson.com/healthjobs.html Pension Jobs: http://www.dwsimpson.com/pensionjobs.html Entry Level Jobs: http://www.dwsimpson.com/studjobs.html Retained Worldwide Positions: http://www.dwsimpson.com /Salary Surveys: http://www.dwsimpson.com/salary.html Australia Jobs: http://www.dwsimpson.com/australia.html Asia Jobs: http://www.dwsimpson.com/asia.html (Hong Kong, China, Taiwan, Singapore, South Korea, Japan, Indonesia and other Asian countries.)India Jobs: http://www.dwsimpson.com/india.html Canada Jobs: http://www.dwsimpson.com/canada.html United Kingdom Jobs: http://www.dwsimpson.com/uk.html Europe Jobs: http://www.dwsimpson.com/europe.html Rest of World Jobs: http://www.dwsimpson.com/restofworld.html (Bermuda, Africa and other areas)Middle East Jobs: http://www.dwsimpson.com/middleeast.html (Dubai, Bahrain, Qatar, Saudi Arabia and other countries)Non-Traditional Data Mining, Financial Engineering, Benefits, Risk Management, Quantitative Jobs, Catastrophe Modeling, Predictive Modelling, Programming, Investments, Economics and other positions: http://www.dwsimpson.com/otherjobs.html