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Actuarial Development Program Jobs in Illinois (NOW HIRING)

Sr Actuarial Analyst

Chicago, IL ยท On-site

$61K - $136K/yr

Verbal and written communication skills for effective documentation, training, development, and ... Employee assistance program * Paid holidays * Tuition reimbursement * Other incentives Pay ...

Actuarial Analyst

Itasca, IL ยท On-site

$70K - $75K/yr

... programs, evaluating results for reasonability, and communicating observations to help achieve ... Perform statistical data analysis in support of new product development * Analyze market, industry ...

Actuarial Director

Chicago, IL ยท On-site

$150K - $180K/yr

... development of their actuarial advisory business focused on clients in the insurance and ... program that includes free counseling sessions. Eligibility for benefits is governed by the ...

Actuarial Director

Chicago, IL ยท On-site

$150K - $180K/yr

... development of their actuarial advisory business focused on clients in the insurance and ... program that includes free counseling sessions. Eligibility for benefits is governed by the ...

Actuarial Analyst (CMH Health)

Chicago, IL ยท On-site

$60K - $136K/yr

Perform data analysis using Excel, SAS, and proprietary Milliman programs to assist with consulting ... Responsible for reviewing the work of peers and assisting with research and product development

Sr. Actuarial Manager

Rosemont, IL ยท On-site +1

$141K - $194K/yr

Monitor portfolio results, loss trends, claim development patterns, and underwriting performance to ... We offer competitive benefit programs that help meet our diverse and changing environment as well ...

Perform data analysis using Excel, SAS, and proprietary Milliman programs to assist with consulting ... Responsible for reviewing the work of peers and assisting with research and product development

Actuarial Analyst

Chicago, IL ยท On-site

$155K/yr

Support the development and design of analytical tools and techniques to help the business ... That is why we created our Total Rewards Program, a comprehensive benefits package that extends ...

Actuarial Specialist Are you intellectually curious with a passion for solving problems? Do you ... These roles are part of our innovative Early Careers Development program, aptly named 'Launch.' We ...

Provide actuarial support and insight on individual and large accounts, including program design ... development, high performance, and an innovative, analytical culture. * Ensure actuarial work ...

Actuarial Intern - Summer 2027

Chicago, IL ยท On-site

$35K - $65K/yr

This program gives each intern their own manager and practical Actuarial assignments to gain real ... Professional and personal development activities including public speaking and preparing a ...

Showing results 21-40

Actuarial Development Program information

See Illinois salary details

$49.4K

$110.2K

$153.1K

How much do actuarial development program jobs pay per year?

As of Sep 11, 2026, the average yearly pay for actuarial development program in Illinois is $110,157.00, according to ZipRecruiter salary data. Most workers in this role earn between $95,400.00 and $123,100.00 per year, depending on experience, location, and employer.

What is an actuarial development program?

An Actuarial Development Program (ADP) is a structured early-career program designed for aspiring actuaries. It typically offers rotational assignments across different actuarial teams, allowing participants to gain diverse experience in risk assessment, pricing, reserving, and financial modeling. These programs often provide study support for actuarial exams, mentorship, and professional development opportunities. The goal is to help candidates build technical skills, industry knowledge, and leadership abilities while progressing toward actuarial certification.

What kinds of career growth can participants expect from an actuarial development program?

An Actuarial Development Program is designed to foster both professional and personal growth by providing structured exam support, mentorship, and rotational assignments across various actuarial functions such as pricing, reserving, and forecasting. Participants are typically given dedicated study time and financial assistance for actuarial exams, which accelerates their progression toward full actuarial credentials. Successful candidates often advance to senior actuarial analyst or associate roles and eventually into leadership positions, depending on performance and exam completion. The program also helps build a strong professional network and develops a broad understanding of the insurance or financial industry, making graduates highly competitive for future advancement.

What are the key skills and qualifications needed to thrive in the actuarial development program position, and why are they important?

To thrive in an Actuarial Development Program, you need strong analytical and mathematical skills, typically supported by a degree in actuarial science, mathematics, statistics, or a related field. Proficiency in data analysis tools such as Excel, SAS, or R, and progress towards actuarial exams through the Society of Actuaries or Casualty Actuarial Society, are essential. Effective communication, teamwork, and problem-solving abilities are crucial soft skills for collaborating with diverse teams and explaining complex findings. These skills and qualifications are important to ensure accurate risk assessment, support sound business decisions, and accelerate professional growth within the actuarial field.

What are the most commonly searched types of Actuarial Development Program jobs in Illinois?

The most popular types of Actuarial Development Program jobs in Illinois are:

What are popular job titles related to Actuarial Development Program jobs in Illinois?

For Actuarial Development Program jobs in Illinois, the most frequently searched job titles are:

What job categories do people searching Actuarial Development Program jobs in Illinois look for?

The top searched job categories for Actuarial Development Program jobs in Illinois are:

Infographic showing various Actuarial Development Program job openings in Illinois as of September 2026, with employment types broken down into 1% Internship, 1% As Needed, 71% Full Time, 22% Part Time, 4% Contract, and 1% Nights. Highlights an 94% Physical, 1% Hybrid, and 5% Remote job distribution, with an average salary of $110,157 per year, or $53 per hour.

Sr Actuarial Analyst

Chicago, IL โ€ข On-site

Health Care Service Corp.
Outpatient Health Careย โ€ขย 10K+ employees

$61K - $136K/yr

Other

Medical, Vision, Life, Retirement, PTO

Posted 9 days ago


Job description

Job Summary

The position involves participating in implementation, maintenance, and detailed analysis of actuarial models, studies, and systems used for pricing, underwriting, statistics, reserving, forecasting, and other actuarial functions. The role also requires running and developing complex models, performing detailed analysis of results, and developing simple written and oral presentations for decision-making.

Responsibilities
  • Implement and maintain actuarial models, studies, and systems.
  • Conduct detailed analysis of models and systems for pricing, underwriting, statistics, reserving, forecasting, and other actuarial functions.
  • Run and develop complex models and analyze results.
  • Develop simple written and oral presentations to provide basic information for decision-making.
  • Understand basic business and actuarial concepts.
Required Qualifications
  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, or Economics. Other Bachelor (or higher) Degrees may be considered.
  • Completion of 3 ASA (Associate of the Society of Actuaries) exam equivalents based on Society of Actuaries Education and Examination System.
  • At least 2 years of actuarial experience.
  • Verbal and written communication skills for effective documentation, training, development, and presentations.
  • PC proficiency in Word and Excel.
Preferred Qualifications
  • Access, SQL, Visual Basic, or other programming skills.
  • Actuarial experience in the health insurance or related field.
Benefits
  • Health and wellness benefits
  • 401(k) savings plan
  • Pension plan
  • Paid time off and paid parental leave
  • Disability insurance
  • Supplemental life insurance
  • Employee assistance program
  • Paid holidays
  • Tuition reimbursement
  • Other incentives

Pay Transparency: Base Pay Range $61,500.00 - $136,100.00. Compensation varies based on job-related skills, education, knowledge, and experience.

Location & Work Arrangement

This is a hybrid role requiring 3 days a week in the office. VISA sponsorship is not available.

Equal Opportunity Employment Statement

HCSC is 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 other legally protected characteristics.

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