Actuarial Jobs in Illinois
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.
Actuary, Actuarial Process Steward (Remote Consideration)
- Springfield, IL
- 17 hours ago
- Springfield, IL
- 17 hours ago
As of Dec. 31, 2023, approximately 17 million customers trust our guidance and solutions across four core businesses - annuities, life insurance, group protection and retirement plan services....
Remote WorkSkills 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...
both actuarial and investment consultants....
, underwriting and claims practices....
Senior Health Actuarial Consultant - R_264010-6153
- Chicago, IL
- 18 hours ago
- Chicago, IL
- 18 hours 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...
Associate Actuary Company: Humana Location: Springfield, IL Date Posted: 4/23/25, 7:23 PM Become a part of our caring community and help us put health first The Associate Actuary,...
The Actuary, Analytics/Forecasting will play a key role in the Medicare actuarial forecasting process....
Contribute to and lead delivery of complex actuarial analytics, while managing client relationships, projects, and deliverables....
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
- 2 days ago
- Chicago, IL
- 2 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...
The Department/Team We are a team of consultants with deep actuarial subject matter expertise in individual life and annuity insurance products....
Use your actuarial knowledge to advise management on decisions related to products, pricing, modeling, profitability, underwriting, administration, and risk....
Workforce Transformation - Retirement Actuary - Senior Associate
- Chicago, IL
- 4 days ago
- Chicago, IL
- 4 days ago
Our actuarial team helps our clients develop and implement retirement and pension services suited to their organisational strategy and objectives....
Skills: Outstanding communication skills, enabling clear and effective collaboration across departments such as claims and underwriting....
C + Maintaining existing and developing new pricing tools + Conducting ad hoc pricing studies and brainstorming ideas for pricing enhancements + Monitoring of emerging results + Collaborating with Underwriting...
Demographic Data for Illinois
Moving to Illinois? Find some basic demographic data about Illinois below.
Actuarial Online Courses and Training Opportunities
Title Synonyms
Users interested in this job title also searched for the following job title
Salary for Actuarial Jobs in Illinois
Highest Education Level
Actuarials in Illinois offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Actuarial position
- Statistical Analysis System
- General Liability
- Personal Lines
- Property and Casualty Insurance
- Annuities
- Employee Benefits
- Underwriting
- Claims
- Generally Accepted Accounting Principles
- Financial Services
- Fraud Investigation
- Medicaid
- Medicare
- Financial Reporting
- Financial Analysis
- Estimating
- Reimbursement
- Product Development
- Microsoft Power BI
- Tableau
- Risk Management
- Relationship Management
- Finance
- Analytical Skills
- Python
- SQL
- Process Improvement
- Accounting
- Military Background
- Decision Making
- Written Communication
- Consulting
- Presentation
- Flexibility
- Mentoring
- Documentation
- Collaboration
- Data Analysis
- Coaching
- Reporting
- Critical Thinking
- Sales
- Problem Solving
- Project Management
- Microsoft Office
- Microsoft Excel
- Time Management
- Research Skills
- Staff Supervision
- Organization
- Scheduling
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills
Actuarial Related Career Advice Articles
Hot Jobs in the Insurance Industry
Job market trends should always be taken into consideration during a job search, and seeking a job within the insurance industry is no different. If you are making a career change, two areas within the insurance industry worth looking into are Technology and Sales.
Read article »