Role Summary

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

Role Summary

HIGHLIGHTS

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