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.

1-15 of 94 Jobs

Consulting Actuary - Life Practice (Experienced FS

  • Chicago, IL
  • 2 days ago
  • Chicago, IL
  • 2 days ago

annuity insurance products....

Actuary - MG-ALFA Modeling

  • Chicago, IL
  • 2 days ago
  • Chicago, IL
  • 2 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
  • 2 days ago
  • Chicago, IL
  • 2 days ago

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

Actuary, Actuarial Process Steward (Remote Consideration)

  • Springfield, IL
  • 3 days ago
  • Springfield, IL
  • 3 days 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 Work

Reinsurance Actuarial Director-STG

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

both actuarial and investment consultants....

Supervising Actuary, Pricing and Monitoring, AFS

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

, underwriting and claims practices....

Senior Health Actuarial Consultant - R_264010-6153

  • 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...

Associate Actuary

  • Springfield, IL
  • 4 days ago
  • Springfield, IL
  • 4 days ago

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,...

Actuary

  • Springfield, IL
  • 4 days ago
  • Springfield, IL
  • 4 days ago

The Actuary, Analytics/Forecasting will play a key role in the Medicare actuarial forecasting process....

Reinsurance Actuarial Associate Director

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

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

Actuarial Director-STG

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

Manager, Actuarial & Analytics - Specialty & Liability

  • Chicago, IL
  • 5 days ago
  • Chicago, 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
  • 6 days ago
  • Chicago, 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....

Actuary Analyst II

  • Bloomington, IL
  • 6 days ago
  • Bloomington, IL
  • 6 days ago

Use your actuarial knowledge to advise management on decisions related to products, pricing, modeling, profitability, underwriting, administration, and risk....

Demographic Data for Illinois

Moving to Illinois? Find some basic demographic data about Illinois below.


Local
National
12,812,477
319,486

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
:... 5 : :.: :.: :.: :..: :.
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...

Title Synonyms

Users interested in this job title also searched for the following job title


Salary for Actuarial Jobs in Illinois

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

Highest Education Level

Actuarials in Illinois 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 Illinois
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



Actuarial Related Career Advice Articles

Insurance agent helping clients
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 »