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Role Summary

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HIGHLIGHTS

Senior health actuarial leadership role at the Illinois Department of Insurance in Chicago. You will lead health actuarial compliance and reviews of Medicare supplement and long-term care loss ratio and reserve filings, direct risk-based capital work, evaluate reserve methodology for new health products, and supervise professional actuarial staff.

JOB DESCRIPTION SUMMARY

  • Lead reviews of Medicare supplement and long-term care loss ratio filings
  • Ensure health insurer compliance with Illinois Insurance Code and the ACA
  • Direct Medicare supplement refund and risk-based capital calculations
  • Review reserve methodology for new or unusual health products
  • Serve as working supervisor of professional actuarial staff (Chicago, IL)

DOMAIN EXPERTISE

  • Health actuarial experience
  • Medicare supplement and long-term care loss ratio review
  • Risk-based capital calculations
  • Reserve methodology for health products
  • Compliance with state insurance code and the ACA

KEY REQUIREMENTS

  • Requires 5+ years professional actuarial experience in the health insurance field
  • ASA or FSA designation required
  • Membership in the American Academy of Actuaries (MAAA) required
  • Ability to report to the Chicago work location during regular work hours

TECH STACK

  • No tech stack specified
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Role Summary

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HIGHLIGHTS

Senior health actuarial leadership role at the Illinois Department of Insurance in Chicago. You will lead health actuarial compliance and reviews of Medicare supplement and long-term care loss ratio and reserve filings, direct risk-based capital work, evaluate reserve methodology for new health products, and supervise professional actuarial staff.

JOB DESCRIPTION SUMMARY

  • Lead reviews of Medicare supplement and long-term care loss ratio filings
  • Ensure health insurer compliance with Illinois Insurance Code and the ACA
  • Direct Medicare supplement refund and risk-based capital calculations
  • Review reserve methodology for new or unusual health products
  • Serve as working supervisor of professional actuarial staff (Chicago, IL)

DOMAIN EXPERTISE

  • Health actuarial experience
  • Medicare supplement and long-term care loss ratio review
  • Risk-based capital calculations
  • Reserve methodology for health products
  • Compliance with state insurance code and the ACA

KEY REQUIREMENTS

  • Requires 5+ years professional actuarial experience in the health insurance field
  • ASA or FSA designation required
  • Membership in the American Academy of Actuaries (MAAA) required
  • Ability to report to the Chicago work location during regular work hours

TECH STACK

  • No tech stack specified

Chief Health Actuary

State of Illinois

Health/Government Regulator/Manager Level
State of Illinois

Chief Health Actuary

State of Illinois
Chicago, United States•5mo ago
OnsiteIndividual HealthLong Term Care

Job Overview

Salary
Salary not specified
Years of Experience
5+ Years
Work Type
Permanent
Full Time

Acturhire Base Salary Estimate

Typical range
$127k - $165k

25th and 75th percentiles

Confidence
95/100
Supporting jobs
140comparable jobs
Unlock full breakdown with Pro

Ideal Candidate Profile

Ideal for a manager-level health actuary (ASA or FSA) with significant health insurance experience, strong regulatory and reserving expertise, and prior supervisory experience overseeing professional actuarial staff.

ASAFSA

Benefits

Health InsuranceDental InsuranceVision InsuranceLife Insurance401(k) PlanPaid Parental LeaveGenerous VacationPaid Sick LeaveTuition ReimbursementFlexible Hours
Shortlist Forming
Closing Soon
168d
168 days ago

Strategy: Speed over Perfection

By Day 21, visibility drops significantly. Recruiters are focusing on existing candidates.

"Don't wait for a cover letter. The requisition could close tomorrow. Apply now."

Job Overview

Salary
Salary not specified
Years of Experience
5+ Years
Work Type
Permanent
Full Time

Acturhire Base Salary Estimate

Typical range
$127k - $165k

25th and 75th percentiles

Confidence
95/100
Supporting jobs
140comparable jobs
Unlock full breakdown with Pro

Ideal Candidate Profile

Ideal for a manager-level health actuary (ASA or FSA) with significant health insurance experience, strong regulatory and reserving expertise, and prior supervisory experience overseeing professional actuarial staff.

ASAFSA

Benefits

Health InsuranceDental InsuranceVision InsuranceLife Insurance401(k) PlanPaid Parental LeaveGenerous VacationPaid Sick LeaveTuition ReimbursementFlexible Hours
Shortlist Forming
Closing Soon
168d
168 days ago

Strategy: Speed over Perfection

By Day 21, visibility drops significantly. Recruiters are focusing on existing candidates.

"Don't wait for a cover letter. The requisition could close tomorrow. Apply now."

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