About Careertakes

👉 Important disclosure: Careertakes is a third-party recruiting platform supporting this hiring process. If selected, you will be employed directly by our client, Life Insurance — Actuarial Services.

Applicants for this role may also receive access to additional matched opportunities through the Careertakes platform.

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Position Overview

Confidential Client is hiring an entry-level Actuarial Risk Modeling Associate to support actuarial and risk-modeling work within a non-life insurance practice in Rosemont, IL. This role is designed for candidates completing or recently completed a bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a closely related field who are committed to progressing through actuarial exams and building technical modeling experience.

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What You’ll Do

• Apply actuarial methods to assess risk and support clients’ financial stability and growth.
• Perform complex data analysis and statistical modeling to identify trends and inform decisions.
• Build and validate financial and risk-prediction models using industry-standard techniques.
• Implement model solutions and assist with testing and documentation.
• Collaborate with engagement teams to deliver client-facing analysis and clear deliverables.
• Contribute to strategic forecasting and scenario analysis to anticipate market developments.
• Support independent assessments and compliance-related work to ensure transparency.
• Use available tools and technologies (including AI where appropriate) to increase efficiency.

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Required Qualifications

• Currently pursuing or recently completed a Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
• Minimum 3.0 overall GPA.
• Commitment to meeting educational requirements and to undertaking actuarial exams prior to starting full-time.
• Strong analytical ability and comfort working with large datasets.
• Clear written and verbal communication skills for client and team interactions.
• Willingness to travel up to 20%.

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Preferred Qualifications

• GPA of 3.5 or higher.
• Demonstrated experience with statistical or actuarial modeling (class projects, internships, or coursework).
• Familiarity with programming or data tools (e.g., R, Python, SQL) — beneficial but not required.
• Interest in leveraging AI/automation to improve workflows and deliverables.
• Team-oriented mindset and intellectual curiosity to develop new skills.

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Compensation & Benefits

• Salary range: $53,500 — $104,000 per year. Actual compensation within the range will depend on skills, experience, qualifications, and applicable laws in Illinois.
• Eligible employees may receive an annual discretionary bonus.
• Benefits may include medical, dental, vision, retirement plan options, paid time off, and other programs. Exact benefits will be provided by Confidential Client at offer.

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Location & Travel

• Job location: Rosemont, IL (on-site or hybrid per client policy).
• Travel up to 20% may be required for client engagements or training.

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Legal & Hiring Notes

This position follows applicable federal and Illinois employment laws. Confidential Client does not discriminate on any protected characteristic. Applicants should note any local fair-chance ordinances that may apply; where required by law, convictions will be considered in accordance with those rules.

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Equal Opportunity & Hiring Transparency

Careertakes and our client are Equal Opportunity Employers committed to building a diverse and inclusive workforce. We prohibit discrimination or harassment of any kind. To support a fair and efficient hiring process, AI tools may be used to assist with application review or resume screening. These tools do not replace human decision-making. Final hiring decisions are made by people.

If you have questions about how your data is used, please contact us directly.