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Actuarial Manager, Healthcare

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Odyssey Group
Full Time position
Listed on 2026-08-22
Job specializations:
  • Insurance
    Actuary, Risk Manager/Analyst, Insurance Analyst, Insurance Risk / Loss Control
  • Finance & Banking
    Actuary, Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 150000 - 190000 USD Yearly USD 150000.00 190000.00 YEAR
Job Description & How to Apply Below

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Date: Apr 2, 2026

Location: Chicago, IL, US New York, NY, US

Company: Odyssey

About Us:

Headquartered in New York City with offices throughout the U.S. and in Vancouver, Canada, Hudson is a market-leading specialty insurer that offers a wide range of property and casualty insurance products to corporations, professional firms and individuals through retailers, wholesalers and program administrators.

Hudson underwrites specialty primary and excess insurance on an admitted basis through Hudson Insurance Company and on a non-admitted basis through Hudson Specialty Insurance Company and Hudson Excess Insurance Company. Hudson Insurance Company is admitted in all U.S. jurisdictions. Hudson has surplus lines eligibility in all U.S. jurisdictions through Hudson Specialty Insurance Company and Hudson Excess Insurance Company.

Collectively known as Hudson Insurance Group, its companies are rated A+ (Superior) by A.M. Best, Financial Size Category XV. Hudson Insurance Group is the U.S. Insurance Division of Odyssey Group, a leading worldwide underwriter of reinsurance and specialty insurance and wholly owned by Fairfax Financial Holdings Limited.

Position

Description:

The Actuarial Manager is a key role within Hudson, responsible for leading and executing comprehensive actuarial analyses across healthcare and non‑medical professional liability lines of business, as well as other related commercial P&C coverages. This position requires an experienced actuary who can develop sophisticated pricing models, assess risk and profitability at both portfolio and account levels, and clearly communicate findings and recommendations to senior leadership and non‑technical stakeholders.

The ideal candidate combines deep technical expertise, significant experience in medical malpractice/healthcare liability and professional liability, and strong leadership and communication skills. This role will be based in either our New York City or Chicago office.

Skills, Knowledge and Abilities
  • Conduct detailed actuarial analyses to assess risk, loss cost trends, and profitability across healthcare and non‑medical professional liability and related commercial P&C lines, using advanced statistical methods and mathematical modeling techniques.
  • Develop, enhance, and maintain sophisticated pricing models (including GLMs and similar tools) to support both portfolio and individual/large account and loss‑rated pricing.
  • Lead the design and implementation of pricing strategies and methodologies across multiline portfolios that balance competitiveness, growth, and profitability.
  • Provide actuarial support and insight on individual and large accounts, including program design, rating structures (including loss‑rated plans), and deal‑level pricing recommendations.
  • Collaborate closely with underwriting, finance, claims, and operations to integrate actuarial insights into strategic decision making, portfolio management, and execution.
  • Prepare and present clear, concise reports, dashboards, and presentations to senior management, effectively translating complex actuarial results and approaches for non‑actuarial audiences.
  • Mentor a small team (approximately 1–3) of actuaries and/or analysts, fostering professional development, high performance, and an innovative, analytical culture.
  • Ensure actuarial work adheres to applicable regulatory requirements, internal governance standards, and industry best practices, including rate filings and interactions with Departments of Insurance where applicable.
  • Monitor market and industry trends, competitor behavior, and emerging risks in healthcare, professional liability, and related commercial P&C segments to inform strategic recommendations and product/pricing opportunities.
  • Continuously improve actuarial processes, tools, and methodologies to enhance efficiency, accuracy, and timeliness of analyses and reporting.
Education/

Experience:
  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field; an advanced degree is a plus.
  • Minimum ACAS designation with at least 7 years of actuarial experience; 10+ years of experience is strongly preferred.
  • Mi…
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