Combined Insurance Careers

Actuarial Assistant

Chicago, Illinois

Job Description


Combined Insurance, is seeking an Actuarial Assistant to join our fast-paced, high energy, growing company.  For nearly 100 years in the insurance industry, our company has been passionate about serving our customers and providing them peace of mind and protection when they need it the most. Come build your career here, along with other positive, hard-working, talented professionals—just like you!


JOB SUMMARY:  Assist in managing accident and health business including strategic plan development, lapse/loss experience analysis, deep dive product line reviews, and claim reserve analysis.  Uses necessary software (e.g. Excel, Access, Word, PowerPoint, SQL, Power BI, GGY Axis). 
RESPONSIBILITIES:  Performs fundamental actuarial tasks of a mathematical and quantitative nature in support of strategic plan development, experience analysis, modelling and claim reserve analysis.   Compiles and categorizes data, documents factors and data sources used in computations. Calculates persistency and loss ratios for new and existing products. Perform research, experience studies, or other statistical analyses. Will learn various actuarial concepts, techniques, and procedures.  Will continue to take actuarial exams and obtain accredited status.
  • Bachelor’s Degree, preferably in Actuarial Science, or Mathematics
  • Internship/1+ years insurance industry experience preferred, but not required
  • Successfully passed 2 or more Actuarial Exams
  • Actively pursuing Actuarial designation
  • Strong math aptitude and business sense
  • Detail oriented and highly organized
  • Ability to learn basic actuarial principles
  • Ability to follow directions
  • Good communication skills
  • Ability to work with others in a team environment
EDUCATION:  Bachelor’s Degree in Actuarial Science, Mathematics, Economics, Statistics or other related degrees
As a Combined corporate employee, you have access to one of the most comprehensive benefit plans in the business, designed to meet your needs and help you reach your financial goals. Our Company is committed to supporting its employees with a comprehensive compensation package that is appropriate in the market where they work. Below are several of the many benefits we offer our employees: 
Health insurance
Dental insurance
Tuition reimbursement
A company-match 401(k) plan
Disability insurance
Life insurance
Employee referral bonuses
Combined Insurance is a leading provider of individual supplemental accident, disability, health and life insurance products. With a field sales force and corporate staff in excess of 5,000 people worldwide, Combined Insurance meets the growing coverage needs of policyholders around the globe. We pride ourselves on being customer-centric, people-driven, accountable, performance-minded, and ethical. We invest in our employees and take the time to focus on their development, needs and career aspirations.
Our parent company is one of the world’s largest multiline property and casualty insurers. With operations in 54 countries, the Company provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients.
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Travel - No
Job Posting - Feb 4, 2019, 5:49:48 PM