Actuarial Jobs in Schaumburg, 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 71 Jobs

Consulting Actuary - Life Practice (Experienced FS

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

annuity insurance products....

Actuary - MG-ALFA Modeling

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

SA Stable Value products and variable funds) preferred but not requiredConceptual knowledge of actuarial area and transferring skills to new projectsCan research and design solutions for complex actuarial...

Healthcare Financial/Actuarial Associate Director

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

Associate Director you will be a key member of the Financial Actuarial & Analytics (FAA) Community of Expertise....

Reinsurance Actuarial Director-STG

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

Skills and experience that will lead to success: 8+ years of experience in an analytics-centric environment, preferably in property/casualty insurance, reinsurance, or consulting ACAS, FCAS or similar...

Investment Operations / Actuarial Specialist

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

both actuarial and investment consultants....

Supervising Actuary, Pricing and Monitoring, AFS

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

, underwriting and claims practices....

Senior Health Actuarial Consultant - R_264010-6153

  • Chicago, IL (23 miles from Schaumburg, IL)
  • 4 days ago
  • Chicago, IL (23 miles from Schaumburg, IL)
  • 4 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...

Reinsurance Actuarial Associate Director

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

Contribute to and lead delivery of complex actuarial analytics, while managing client relationships, projects, and deliverables....

Actuarial Director-STG

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

Skills and experience that will lead to success: 8+ years of experience in an analytics-centric environment, preferably in property/casualty insurance, reinsurance, or consulting ACAS, FCAS or similar...

Manager, Actuarial & Analytics - Specialty & Liability

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

Business Acumen: + Has an in-depth understanding and knowledge of a few basic business drivers and disciplines such as: underwriting, products, reinsurance, distribution, sales, operations, risk control...

Consulting Actuary Life Practice (Experienced FSA)

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

The Department/Team We are a team of consultants with deep actuarial subject matter expertise in individual life and annuity insurance products....

Workforce Transformation - Retirement Actuary - Senior Associate

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

Our actuarial team helps our clients develop and implement retirement and pension services suited to their organisational strategy and objectives....

Actuarial Analyst

  • Rosemont, IL (9 miles from Schaumburg, IL)
  • 8 days ago
  • Rosemont, IL (9 miles from Schaumburg, IL)
  • 8 days ago

Skills: Outstanding communication skills, enabling clear and effective collaboration across departments such as claims and underwriting....

Senior Actuarial Analyst

  • Rosemont, IL (9 miles from Schaumburg, IL)
  • 9 days ago
  • Rosemont, IL (9 miles from Schaumburg, IL)
  • 9 days ago

Skills: Outstanding communication skills, enabling clear and effective collaboration across departments such as claims and underwriting....

Senior Actuarial Associate - Strategic Risk Consulting

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

We have an exciting opportunity for a Senior Actuarial Consultant within our SRC practice....

Demographic Data for Schaumburg, IL

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


Local
National
80,341
4,291
Medium/Lg

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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Principles of Actuarial Modelling
This is a theoretical course for the Actuarial Exams.The course answers the following questionsWhat is a model and why do Actuaries make them?What are the components of a model?What are the...

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Salary for Actuarial Jobs in Schaumburg, IL

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

Highest Education Level

Actuarials in Schaumburg, IL offer the following education background
Bachelor's Degree
53.3%
Master's Degree
22.0%
High School or GED
6.8%
Vocational Degree or Certification
6.4%
Associate's Degree
6.2%
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 Schaumburg, 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%


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