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Early Careers New Grad - Actuarial Analyst

Health Care Service Corporation · Chicago, IL · $57,500–$103,800 a year · Full time

Posted Oct 1, 2026 · We last checked this listing on Oct 6, 2026

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Likely interview questions for this role

Written from this job description, not a generic list. Each one notes what the interviewer is really checking.

About your past

Tell me about your actuarial internship or other quantitative work. What did you build and what did it show?

What they are checking: Whether they have applied math to a real business problem, which the posting prefers.

How many actuarial exams have you passed, and how are you planning to keep progressing while working full time?

What they are checking: Commitment to the exam path and a realistic plan for balancing study with a new job.

Tell me about a time you presented technical work to an audience that was not technical.

What they are checking: Developing presentation skills, which the posting lists as part of the role.

How do you double-check your own work before you hand it off?

What they are checking: Personal accuracy habits that matter when actuarial numbers drive pricing decisions.

Why health insurance instead of life, property or pension actuarial work?

What they are checking: Genuine interest in health care that will sustain them through the exam years.

What would you do

You run a model and the result looks very different from what your teammate expected. What do you do?

What they are checking: Whether they check inputs and logic carefully before assuming either the model or the teammate is wrong.

You have two tasks due tomorrow and your manager is out. How do you decide what to finish first?

What they are checking: Judgment and communication when priorities conflict early in a career.

About the work

In simple terms, how would you explain what an actuary does at a health insurer?

What they are checking: Basic understanding of pricing, reserving and forecasting in health insurance before they start.

How would you use SQL or Excel to summarize a year of medical claims by month and by type of service?

What they are checking: Practical data skills with the tools named in the posting such as SQL, Access and Excel.

What is medical trend, and what might cause it to rise in a given year?

What they are checking: Early grasp of a core health insurance concept they will use constantly.

Practice this interview out loud.

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The full job description

As published by Health Care Service Corporation.

At HCSC, our employees are the cornerstone of our business and the foundation to our success. We empower employees with curated development plans that foster growth and promote rewarding, fulfilling careers. Join HCSC and be part of a purpose-driven company that will invest in your professional development. Job Summary This position is responsible for participating in implementation, maintenance and basic analysis of models, studies and systems which use actuarial principles for the purposes of pricing, underwriting, statistics, reserving, forecasting and other actuarial functions; running, building and analyzing results of basic models; developing oral and written presentation skills; and learning basic business and actuarial concepts. What Do You Need To Be Successful? • Preferred: Actuarial internship or actuarial experience in health insurance or related field • Verbal and written communication skills to prepare effective documentation, facilitate training and development, and participate in presentations • PC proficiency to include Word and Excel • Access, SQL, Visual Basic or other preferred programming skills What Are the Requirements You Must Meet? • Pursuing a bachelor’s or master’s degree in actuarial science, Mathematics, Statistics, Economics or another related quantitative field • Graduation date between December 2026 and June 2027 • A minimum GPA of 3.0 on a 4.0 scale • Unrestricted authorization to work in the United States (We are not sponsoring work visas for this role) • Completion of 1 ASA (Associate of the Society of Actuaries) exam equivalent based on specifications in the Society of Actuaries Education and Examination System What Does the New Grad Program Entail? New graduate Actuarial Analysts will participate in the Actuarial Student Program for role-specific technical and professional development. They will also participate in HCSC’s six-month Enterprise New Grad Program, which provides broader business exposure and supports the transition from college to the workplace. • Formal New Employee Orientation to build business and industry acumen • Professional development sessions focused on workplace readiness, communication, relationship building and career growth • Exposure to HCSC business areas, leaders and career paths • Networking and shared learning with new graduate peers across the enterprise • Approximately four hours of virtual programming each month during the six-month program #LI-Hybrid #hcscnewgrad #LI-NB1 Are you being referred to one of our roles? If so, ask your connection at HCSC about our Employee Referral process! Pay Transparency Statement: At Health Care Service Corporation, you will be part of an organization committed to offering meaningful benefits to our employees to support their life outside of work. From health and wellness benefits, 401(k) savings plan, pension plan, paid time off, paid parental leave, disability insurance, supplemental life insurance, employee assistance program, paid holidays, tuition reimbursement, plus other incentives, we offer a robust total rewards package for employees. Learn more about our benefit offerings by visiting https://careers.hcsc.com/totalrewards . The compensation offered will vary depending on your job-related skills, education, knowledge, and experience. This role aligns with an annual incentive bonus plan subject to the terms and the conditions of the plan. Flex employees are expected to be in the office a minimum of three days a week. Management will have discretion to modify an employee's weekly schedule for exigent circumstances. HCSC Employment Statement: We are an Equal Opportunity Employment employer dedicated to providing a welcoming environment where the unique differences of our employees are respected and valued. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other legally protected characteristics. We are a drug-free and smoke-free workplace. Employment may be contingent upon successful completion of drug screening in accordance with applicable law. Base Pay Range $57,500.00 - $103,800.00 Exact compensation may vary based on skills, experience, and location.

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