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Actuarial Development Program Jobs in Illinois (NOW HIRING)

OdysseyRe

Actuarial Manager, Healthcare

Chicago, IL · On-site

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

AIG

Actuarial Analyst

Chicago, IL · 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 ...

Health Care Service Corporation

Staff Actuary

Chicago, IL · Hybrid

$92K - $167K/yr

We empower employees with curated development plans that foster growth and promote rewarding ... Bachelor degree in Actuarial Science, Mathematics, Statistics or Economics. Other Bachelor (or ...

Munich Re

Actuarial Manager, Pricing Tools

Chicago, IL · On-site

Establish and execute a governance framework for pricing tool development and change management to ... A variety of health and wellness programs provided at no cost. * Paid time off for eligible family ...

Chubb

Director & Actuary

Chicago, IL · On-site

$105K - $179K/yr

Provide actuarial support for new product development and portfolio management * Conduct ad hoc ... This role may also be eligible to participate in a discretionary annual incentive program. Chubb ...

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All JobsActuarial Development Program JobsActuarial Development Program Jobs in Illinois

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 Jul 16, 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 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 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 is an Actuarial Development Program job?

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 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:
Actuarial Development Program jobs near you
Infographic showing various Actuarial Development Program job openings in Illinois as of July 2026, with employment types broken down into 1% Locum Tenens, 60% Full Time, 2% Part Time, 35% Nights, and 2% Summer. Highlights an 64% Physical, 13% Hybrid, and 23% Remote job distribution, with an average salary of $110,157 per year, or $53 per hour.
Actuarial Global Specialty Reserving

Actuarial Global Specialty Reserving

The Hartford

Chicago, IL • On-site

$113K - $169K/yr

Full-time

Re-posted yesterday

The Hartford rating

8.8

Company rating: 8.8 out of 10

Based on 111 frontline employees who took The Breakroom Quiz

54th of 281 rated insurance

Job description

AD & Associate Actuary - AS07AE

We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future.

This position is part of the Global Specialty US Actuarial team supporting Financial Lines (D&O, EPL, Cyber, E&O), Bond, and Credit & Political Risk coverages. This position will work in close partnership with our Claims and Reserving departments.

** Please note, candidates pursuing exams as well as those not pursuing exams will be considered for this role. This role can be part of our Actuarial Student Program for an individual meeting requirements for entry into the program. **

Responsibilities

This individual will perform a variety of Actuarial functions including:

  • Complete reserve studies and advise management on reserve decisions.

  • Develop and maintain monitoring tools such as actual loss vs expectation and reserving diagnostics.

  • Initiate and participate in the development of procedures to improve data quality.

  • Seek out innovative approaches and apply R/SQL skills to enhance existing processes.

Experience & Skills

  • Near to recent ACAS preferred with 6+ exams. Candidates with Actuarial experience not pursuing exams will be considered.

  • Minimum 4+ years of Property and Casualty Insurance Actuarial experience.

  • Knowledge of Actuarial reserving techniques.

  • Very strong technical/analytical skills; High proficiency in Excel required and experience with R/SQL preferred.

  • General knowledge of Property and Casualty insurance operations.

  • Effective oral and written communications skills.

  • Independently motivated; constantly looks for areas to add value.

  • Teamwork skills including ability to effectively collaborate with and influence individuals at different organizational levels.

  • Undergraduate degree with a major in Mathematics, Actuarial Science or related field of study.

Location:

This role will have a Hybrid work arrangement, with the expectation of working in an office (Hartford, CT; Chicago, IL; or Charlotte, NC) 3 days a week (Tuesday through Thursday).

Compensation

The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:

$113,200 - $169,800

Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

About Us|Our Culture|What It's Like to Work Here|Perks & Benefits

What The Hartford employees say

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Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

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About Hartford

Sourced by ZipRecruiter

Hartford Financial Services Group, widely recognized as The Hartford, is a renowned company based in Hartford, CT, US. Established in 1810, it has evolved into an industry leader in the insurance and financial services sector, proudly serving more than one million businesses in the US. The Hartford is committed to offering a gamut of insurance products that include homeowners, automobile, and business insurance as well as employee benefits and mutual funds. The company’s core values revolve around customer-focused innovations, diversity and inclusion, and ethical dealings that have earned them a customer-centric reputation. This shapes their mission which revolves around aiding their clients to overcome unforeseen obstacles and enhancing their wealth over time. Among the company's noted accomplishments is being consistently listed among the World's Most Ethical Companies, a testament to their unwavering commitment towards responsible business practices.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Hartford, CT, US

Year founded

1810

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