About this position
Actuary
Actuary
Location: Chicago, IL (Hybrid – 40% in office)
HDI Global Insurance Company is a property and casualty insurer headquartered in Chicago, IL. We are a wholly owned subsidiary of HDI Global SE, which manages the commercial lines division of the Talanx Group – one of Europe's largest insurance organization. Through our extensive network spanning over 150 countries, we deliver comprehensive domestic and international insurance solutions to U.S. businesses. Our excess and surplus lines subsidiary, HDI Specialty Insurance Company, enables us to address complex and unique risks across the U.S. market.
At HDI Global, we believe our success is rooted in our values—collaboration, integrity, and work-life balance. We are committed to supporting professional growth through learning and development opportunities and offer competitive compensation, comprehensive benefits, and career advancement pathways.
About the Role
We are seeking an Actuary to join our actuarial team and lead key pricing and analytical initiatives. This role is ideal for a professional with strong technical expertise, communication skills, sound business judgement, and the ability to translate complex actuarial insights into actionable recommendations for underwriting and senior leadership teams.
Key Responsibilities
- Develop, enhance, and maintain pricing models.
- Conduct profitability studies, trend analyses, and loss cost reviews to support pricing decisions and regulatory filings.
- Partner with Underwriting, Claims and Finance teams to assess pricing strategies, portfolio performance, and overall profitability.
- Lead research initiatives on emerging trends, cost drivers, and market dynamics.
- Provide pricing support for large complex accounts in collaboration with underwriters.
- Present analytical findings to stakeholders, highlighting key insights and enabling informed business decisions.
- Performs peer reviews to ensure work quality and strengthen collaboration.
- Build and automate data pipelines, dashboards, and analytical tools to improve pricing efficiency and accuracy.
- Lead ad hoc actuarial and cross-functional projects as needed.
Required Qualifications
- Bachelor's degree or higher in Actuarial Science, Mathematics, Statistics, or a related field.
- Minimum of 4 years of actuarial experience, preferably in commercial or specialty lines insurance.
- Completion of at least five actuarial exams; ACAS or FCAS designation preferred.
- Proficiency in SQL, Python/R and Microsoft Office applications.
- Strong analytical, problem solving, and critical thinking abilities.
- Excellent written and verbal communication skills, with the ability to present complex findings to varied audience.
Work Arrangements
This position follows a hybrid schedule, with 40% of work time spent in our Chicago office.
Compensation and Benefits
The expected salary range for this position is $100,000 to $170,000. Actual pay will depend on experience and qualifications.
HDI Global Insurance offers:
- Comprehensive health, wellness, and financial benefits tailored to individual and family needs. These include medical, dental, vision, disability, life insurance, company-sponsored HRA, 401(k) matching, minimum 20 days paid time off each calendar year, 15 days holidays per year, parental leave, bereavement leave, jury/witness duty, employee assistance programs, and a variety of voluntary benefits.
- An inclusive culture that fosters diverse teams, cross-functional collaboration, and continuous professional and personal development.