Associate Actuary

Kalos Consulting, Inc. - Chicago, IL


  • Diversified multi-national healthcare company
  • Focus on uninsured and underinsured families
  • Works with other organizations on specialized services for mental health, special needs, and correctional healthcare

Benefits and Features

  • Pay up to 100% of benefits cost
  • Health, dental, vision, basic life insurance
  • 401k retirement with company match and employee stock purchase plan
  • Fitness center, paid company holidays, employee assistance programs
  • 2% bonus structure
  • Relocation assistance available nationwide

Your Role

  • Serve as the main point of contact for all actuarial related activities for an assigned health plan
  • Manage at least 1 health plan
  • Apply knowledge of mathematics, probability, statistics, principles of finance and business to calculate financial outcomes
  • Developing probability tables based on analysis of statistical data and other pertinent information
  • Research and analyze the impact from legislative changes
  • Analyze and evaluate required premium rates
  • Assess cash reserves and liabilities enable payment of future benefits
  • Analyze various data reports, identify trends and gaps and recommend action
  • Determine the equitable basis for distributing money for insurance benefits
  • Create and update actuarial reports
  • Participate in merger and acquisition analysis


  • Downtown Chicago
  • 26 miles of riverfront to Lake Michigan, and the Chicago River
  • World class dining, skyline
  • Year-round calendar of sporting events, concerts and other entertainment events

Background Profile

  • Conducts analysis, pricing and risk assessment
  • Bachelors degree in actuarial science, related field, or equivalent experience
  • 3+ years actuarial experience
  • Healthcare, ACA/commercial experience required
  • ASA (Associate of the Society of Actuaries

Posted On: Monday, June 18, 2018

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