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Health Care Service Corporation
Health Care Service Corporation
H1B Visa SponsorConsultingHealthcareInsurance
Health Care Service Corporation (HCSC) is an independent licensee of the Blue Cross Blue Shield Association and a major U.S. health insurance and healthcare services organization. It serves nearly 23 million people through coverage and benefit programs for employers, individuals, families, and members of Medicare and Medicaid. Beyond health insurance, HCSC provides pharmacy services, life and dental coverage, and health data technology. With nearly a century of experience, the company works across insurance, healthcare, and consulting to expand access to care, support better health outcomes, and help manage costs for members and communities. Its broad operations create career opportunities spanning health benefits, healthcare services, technology, data, and related business functions.
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Entry-Level Actuarial Analyst – New Graduate (Chicago Hybrid)

Entry-level Actuarial Analyst role for new graduates supporting pricing, reserving, forecasting, statistical analysis, and actuarial modeling at HCSC. Includes structured technical training through the Actuarial Student Program and HCSC’s six-month Enterprise New Grad Program.

USUnited StatesILIllinoisTXTexas
$57,500 – $103,800 / year
HybridFull-timeEntry levelNo degree requiredEnglish RequiredActuary
SQL

Description

  • Apply actuarial principles to implement, maintain, and conduct basic analyses of models, studies, and systems
  • Support pricing, underwriting, statistical, reserving, forecasting, and related actuarial activities
  • Run basic models, contribute to their development, and interpret the resulting outputs
  • Strengthen verbal presentation and written communication abilities
  • Build foundational knowledge of business operations and actuarial practices
  • Complete role-specific technical and professional development through the Actuarial Student Program
  • Take part in HCSC’s six-month Enterprise New Grad Program
  • Complete the company’s formal new employee orientation
  • Attend scheduled professional development sessions
  • Learn about HCSC business functions, leadership teams, and career opportunities
  • Build connections and exchange knowledge with new graduate colleagues across the enterprise
  • Complete approximately four hours of virtual programming each month during the six-month program

Requirements

  • Currently pursuing a bachelor’s or master’s degree in actuarial science, mathematics, statistics, economics, or a related quantitative discipline
  • Expected graduation between December 2026 and June 2027
  • At least a 3.0 GPA on a 4.0 scale
  • Unrestricted authorization to work in the United States
  • One completed ASA exam equivalent under the Society of Actuaries Education and Examination System specifications
  • Effective verbal and written communication skills
  • Working proficiency with PCs, including Microsoft Word and Excel
  • Access, SQL, Visual Basic, or other programming experience is preferred
  • Actuarial internship or experience in health insurance or a related field is preferred

Benefits

  • Health and wellness coverage
  • 401(k) savings plan
  • Pension plan
  • Paid time off
  • Paid parental leave
  • Disability insurance
  • Supplemental life insurance
  • Employee assistance program
  • Paid holidays
  • Tuition reimbursement
  • Additional incentive opportunities
  • Annual incentive bonus plan
  • Professional development through the Actuarial Student Program
  • Six-month Enterprise New Grad Program
  • Formal new employee orientation
  • Professional development sessions
  • Networking and shared learning with other new graduate employees
  • Approximately four hours of virtual programming each month during the six-month program

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