1

Senior Actuarial Development Program Jobs in Illinois

Senior Actuary

Chicago, IL · On-site

$125K - $145K/yr

Lead actuarial analysis and pricing support for state-specific strategies in each of PURE's top ... Opportunities to stretch and grow: your professional and personal development matters to us. We're ...

Director, Actuary (Hybrid)

Chicago, IL · Hybrid

$130K - $180K/yr

Exam program : Up to $75k of raises available, and flexibility and support so you can study and pass. * Flat structure: You will present to business unit leaders and senior actuarial executives, and ...

Director, Actuary (Hybrid)

Chicago, IL · Hybrid

$130K - $180K/yr

Exam program : Up to $75k of raises available, and flexibility and support so you can study and pass. * Flat structure: You will present to business unit leaders and senior actuarial executives, and ...

P/C Senior Actuary

Bloomington, IL · On-site

$110K - $151K/yr

In addition, supports research in the development in actuarial techniques, standards, and assumptions, and in the legal and regulatory environment. Supports Product Line and State Managers in ...

P/C Senior Actuary

Bloomington, IL · On-site

$110K - $151K/yr

In addition, supports research in the development in actuarial techniques, standards, and assumptions, and in the legal and regulatory environment. Supports Product Line and State Managers in ...

Actuarial Manager

Chicago, IL · On-site

$150K - $190K/yr

... and program administrators. Hudson underwrites specialty primary and excess insurance on an ... Oversee the development and implementation of pricing strategies and methodologies to ensure ...

... and program administrators. Hudson underwrites specialty primary and excess insurance on an ... Oversee the development and implementation of pricing strategies and methodologies to ensure ...

Prepare and present clear, concise reports, dashboards, and presentations to senior management ... development, high performance, and an innovative, analytical culture. * Ensure actuarial work ...

Assists with the development of new rating tools when requested, while supporting existing rating ... Supports pricing of new program opportunities and existing programs and product lines with ...

Showing results 41-60

Senior Actuarial Development Program information

What is the difference between Senior Actuarial Development Program vs Actuarial Analyst?

AspectSenior Actuarial Development ProgramActuarial Analyst
CredentialsTypically pursuing or holding actuarial exams, sometimes with a degree in mathematics or statisticsUsually pursuing or having completed initial actuarial exams, often with a related degree
Work EnvironmentStructured training program within insurance or consulting firms, rotational or specialized rolesEntry-level or early career role performing data analysis and basic actuarial tasks
Employer & Industry UsageCommon in insurance companies, consulting firms, and large financial institutionsWidely used across insurance, reinsurance, and consulting sectors

The Senior Actuarial Development Program is a structured training pathway for aspiring actuaries, often involving rotations and mentorship, aimed at developing advanced skills. An Actuarial Analyst is an entry-level role focused on data analysis and supporting actuarial projects. Both roles require progressing through actuarial exams, but the program offers a broader developmental experience.

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:

Senior P&C Actuarial - Actuarial Analyst

State Farm

Bloomington, IL • On-site

Full-time

Medical, Dental, Vision, Retirement

Posted 14 days ago


State Farm rating

7.3

Company rating: 7.3 out of 10

Based on 1,553 frontline employees who took The Breakroom Quiz

237th of 309 rated insurance


Job description

Overview
Being good neighbors - helping people, investing in our communities, and making the world a better place - is who we are at State Farm. It is at the core of how we operate and the reason for our success. We're moving with urgency to become a Next Gen Good Neighbor, with technology that strengthens human connections and enhances the customer experience. As an employee, you'll spend less time navigating systems and more time applying judgment, empathy, and expertise in the moments that matter most.
Visit our Careers page for more information on our benefits, locations and the process of joining the State Farm team!
Office Location(s): Bloomington, IL; Dunwoody, GA; Richardson, TX; Tempe, AZ
Hybrid Work Arrangement: In this position, you should plan to spend time working in the office a minimum of 2 days per week and moving to 3 days per week in 2027. Associates are expected to be able to travel to and from your assigned office location as part of a hybrid work arrangement. Work arrangements could change over time based on business need. Your manager will share additional information regarding your department's approach and what it means for you.
*****Applicants are required to be eligible to lawfully work in the U.S. immediately; employer will not sponsor applicants for U.S. work authorization (e.g. H-1B visa) for this opportunity*****
Responsibilities
As a member of the Property and Casualty Actuarial community you will be challenged and empowered to grow personally and professionally. We are dedicated to helping each of our associates develop to their full potential.
To enable our associates to grow, P&C Actuarial offers a competitive Exam Support program for associates pursuing their actuarial designations.
Our P&C Actuarial Analysts develop actuarial recommendations for leadership and implement changes to satisfy the financial objectives of the #1 Property and Casualty insurer in the United States. They also develop and apply statistical modeling techniques to solve business problems, conduct research, identify solutions to actuarial problems and analyze and prepare responses to various actuarial questions/issues. Our P&C Actuarial Analysts serve as valued resources to other State Farm areas, often engaging with business partners across the organization to solve multi-faceted business problems.
Qualifications
We Are Looking for Candidates With:
  • A minimum of 2 years of experience in the field.
    • Candidates with experience totaling less than 2 years are encouraged to review State Farm's P&C Actuarial Analyst posting, if available.
  • Bachelor's degree in Actuarial Science, Math, Statistics, Data Science, Computer Science, Information Management or other analytical fields.
  • Experience with data and statistical analysis in Excel, SQL, R, and/or Python
  • Strong communication, interpersonal, organization, leadership, problem-solving and critical thinking skills
  • Successful completion of at least three Society of Actuaries or Casualty Actuarial Society exams required. ACAS designation preferred.
  • Intention to earn, or maintain the Continuing Education requirements of, the ACAS/FCAS designation.

Candidates selected will be placed into a job level based on overall competitiveness considering work history, educational background, industry knowledge, and ACAS/FCAS exam progress.
Incumbency Period:
There is a 24-month incumbency period (beginning on the employee's effective date) for any lateral job movements and a 12-month incumbency period for any promotional opportunities, which must be met before the employee may post for other State Farm positions. The incumbency period does not affect the at-will relationship between State Farm and the employee and does not create an employment contract, nor contractual rights.
*****Applicants are required to be eligible to lawfully work in the U.S. immediately; employer will not sponsor applicants for U.S. work authorization (e.g. H-1B visa) for this opportunity*****
Our Benefits
Because work-life balance is a priority at State Farm, compensation is based on our standard 38:45-hour work week!
  • Potential starting salary range: $110,000 - $165,000
    • Starting salary will be based on skills, background, experience, passed exams, and ACAS/FCAS designation.
    • High end of the range limited to applicants with significant relevant experience.
  • Incentives for successful completion of industry exams (ACAS and FCAS)
  • Actuarial Exam support/reimbursements and salary increase for passed exams.
  • Potential yearly incentive pay up to 15% of base salary

At State Farm, we offer more than just a paycheck. Check out our suite of benefits designed to give you the flexibility you need to take care of you and your family!
  • Get Paid! On top of our competitive pay, you are eligible for an annual raise and bonus.
  • Stay Well! Focus on you and your family's health with our robust health and wellbeing programs. State Farm pays most of your healthcare premium, and we offer multiple healthcare plan options, including a high deductible plan. All medical plans provide 100% coverage for in-network preventative care, AND you and your family have access to vision, dental, telemedicine, 24/7 mental health professionals, and much more!
  • Develop and Grow! Take advantage of educational benefits like industry leading training programs, top-notch tuition assistance programs, employee resource groups, and mentoring.
  • Plan Ahead! Plan for those big moments in life with benefits like fertility/IVF/adoption assistance, college coaching, national discount programs, interactive monthly financial workshops, free financial coaching, and more. You can also start a savings account or consider financing through our State Farm Federal Credit Union!
  • Take a Little "You" Time! You will have access to our generous time off policies designed so you can plan around holidays, family events, volunteering, or just to take a relaxing day off. With the opportunity to initially earn up to 20 days annually plus parental leave, paid holidays, celebration day, life leave (40 hours/year), bereavement leave, and community service/education support days, there will be plenty of time for you!
  • Give Back! We offer several ways to give back through our Matching Gift Program, Good Neighbor Grant Program, and the Employee Assistance Fund.
  • Finish Strong! Plan for retirement using free financial advisors and a 401(k) plan with company contributions of up to 7% of your salary.

Visit our State Farm Careers page for more information on our benefits, locations, and the hiring process of joining the State Farm team!

What State Farm employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom