Associate Actuary

Chicago, IL 60606

Post Date: 07/10/2018 Job ID: 6000 Industry: Other Area(s)

McGrath Systems  currently has an opening for an Associate Actuary in Chicago for a direct hire opportunity. 

  • Merger and acquisition projects; Determining the impact of various risk management programs with respect to M&A transactions
  • Development of new products for financial services companies
  • Risk-based capital impact analysis
  • Evaluating the appropriateness of modifying product features in reducing a company' s risk exposure
  • Developing economic capital models under various frameworks

  • Required Skills

    The ideal candidate should have experience or an understanding in a few of these topics: 
  • ASA Designation from the Society of Actuaries and actively pursuing the FSA designation.
  • Strong quantitative background
  • Proficiency in developing stochastic models using Excel, VBA, C++, Matlab and/or other programming languages
  • Insurance product modeling experience; MG-ALFA experience would be an asset
  • Risk management experience
  • Ability to work independently and in team environment
  • Proven ability to handle multiple projects and tasks, prioritizing and meeting deadlines
  • Strong written and verbal communication skills are required
  • Creative problem solver
  • Prior consulting experience is a plus, but not necessary

For immediate consideration please call Ken Mitchell at 215-390-1015 or email

McGrath Systems is an Equal Opportunity Employer and embraces diversity in the workplace.

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