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Sr Managing Actuary - WFH

Health Care Service Corporation · Chicago, IL · $112,200–$202,600 a year · Full time

Posted Sep 10, 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 a complex project you managed that involved non-actuarial teams and an outside party.

What they are checking: Whether they can manage complex work across organizations, as the posting specifies.

Tell me about a time you changed an assumption that had been used for years. How did you justify it?

What they are checking: Whether they question established practice with evidence and explain change well.

What would you do

How do you present a forecast to executives when the range of outcomes is wide?

What they are checking: Whether they communicate uncertainty clearly so leaders can make sound decisions.

You work from home. How do you mentor and develop junior actuaries remotely?

What they are checking: Whether they have deliberate habits for teaching and feedback in a remote setting.

A regulator or auditor questions one of your assumptions. How do you respond?

What they are checking: Whether they can defend work through documentation and professional standards.

About the work

Walk me through how you would review a pricing model built by someone on your team before it goes to leadership.

What they are checking: Whether they review critically for logic, data and assumptions rather than just checking formulas.

How do you set health claim reserves, and how do you judge whether last period's reserves were adequate?

What they are checking: Whether they know reserving methods and use run-out to improve their judgment.

The role asks for deep knowledge of multiple actuarial areas. How do pricing decisions affect reserving and forecasting?

What they are checking: Whether they see how actuarial functions connect rather than working in one silo.

How do you decide when a model is too complex and needs to be simplified?

What they are checking: Whether they value models others can understand and maintain.

How do you stay compliant with continuing education and professional standards as an ASA and MAAA?

What they are checking: Whether they take the ongoing obligations of their credentials seriously, since sign-off depends on them.

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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 Managing The Implementation, Maintenance And Critical Review And Analysis Of Models, Studies And Systems Which Use Actuarial Principles For The Purposes Of Pricing, Underwriting, Statistics, Reserving, Forecasting And Other Actuarial Functions. Developing Complicated Models And Teaching Others How To Develop Models; Developing Written And Oral Presentations That Drive The Delivery Of Information For Decision Making; And Managing Complex Day-To Day Projects That May Include Non-Actuarial Departments And External Parties. Must Also Possess And Demonstrate A Deep Understanding Of Multiple Actuarial Areas And At Least One Business Segment. Required Job Qualifications: • Bachelor degree in Actuarial Science, Mathematics, Statistics or Economics. Other Bachelor (or higher) Degrees may be considered. • Associate of the Society of Actuaries (ASA) and Membership in the American Academy of Actuaries (MAAA). Compliance with the membership requirements for each professional designation. • At least 5 years of actuarial experience in the health insurance or related field. • At least 2 years of experience in a management/lead capacity. • Verbal and written communications skills to prepare effective documentation, facilitate training and development, and participate in presentations. • PC proficiency to include Word and Excel. Preferred Job Qualifications: • Access, SQL, Visual Basic or other programming skills. • Medicare part D experience is welcome • Medicaid experience is welcome This is a REMOTE role work from your home 5 days a week. #LTE1 #LI-Remote 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. 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. Base Pay Range $112,200.00 - $202,600.00 Exact compensation may vary based on skills, experience, and location.

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