Commercial Analyst Jobs in Chicago, IL

Location: Chicago, IL (Hybrid – 40%)

HDI Global Insurance Company is a commercial property and casualty insurer headquartered in Chicago, IL. As a wholly owned subsidiary of HDI Global SE, we manage the industrial lines division of the Talanx Group. Our extensive portfolio of products and services, combined with an international network of local insurers, enables us to offer comprehensive domestic and global insurance solutions for U.S.-based multinational companies.

With Xcelerate29, HDI is shaping its future by becoming a Trusted Global Player, achieving Next-level Excellence, and building a Forward-thinking Organization. This direction helps HDI Global lead the profitable growth game as a globally connected business, raise the bar every day through stronger underwriting, claims, and investment performance, and win tomorrow by starting today with a lean, fast, resilient, and future-ready organization. Together, these priorities support profitable growth, sustainable profitability, global consistency, digital transformation, AI acceleration, smart cost leadership, and stronger collaboration across teams and markets. They also reflect our focus on being a workplace of choice by building future-ready workforce where people.

We are seeking a Senior Actuarial Analyst to join our actuarial team and lead key actuarial 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.

• Support quarterly reserving and financial close activities, including evaluation of loss development, frequency and severity trends, large losses, and actual versus expected emergence.
• Prepare reserving exhibits, reports, and supporting documentation for internal reviews, financial reporting, and actuarial analyses.
• Assist in reconciling actuarial results with financial data and investigate differences.
• Contribute to monitoring portfolio performance, profitability, rate adequacy, and emerging trends to support pricing decisions and regulatory filings.
• Collaborate with Underwriting, Claims, Finance, and other functions to understand portfolio performance, claim developments, and key business drivers.
• Performs peer reviews to ensure work quality and strengthen collaboration.
• Support ad hoc projects and initiatives assigned by senior actuarial staff.

• Bachelor’s degree or higher in Actuarial Science, Mathematics, Statistics, or a related field.
• 2+ years P&C actuarial experience; completion of 3+ CAS actuarial exams
• Working Knowledge of SQL, Python/R and Microsoft Office applications.
• Strong analytical and problem-solving skills with attention to detail.
• Clear written and verbal communication skills

This position follows a hybrid schedule, with 40% of work time spent in our Chicago office.

Base salary range for this position is $95,000 - $115,000 plus eligibility for a performance-based annual bonus. Actual compensation will be based on a variety of factors including experience, education, and location. We offer a competitive benefits package, including: 401(k) with company match, Paid Time Off, Sick Leave, Medical, Health Reimbursement Arrangement (HRA), Telemedicine, Wellness Program, Employee Assistance Program (EAP), Dental, Vision, Accident & Critical Illness Insurance, Flexible Spending Account (FSA), Dependent Care FSA, Group and Voluntary Life Insurance, Short- and Long-Term Disability, Pet Insurance, Transit and Parking benefits.

HDI Global Insurance Company is an Equal Opportunity Employer. We consider applicants without regard to race, color, religion, national origin, age, sex, marital status, ancestry, disability, veteran status, gender identity, or sexual orientation.

Applicants must be legally authorized to work in the United States.

Recruitment Agencies: All resumes submitted without prior HR authorization will be considered unsolicited.

HDI Global Insurance Company is an Equal Opportunity Employer and participates in E-Verify.

Employment is contingent upon successful completion of a background check.

Attention California Applicants: Click here to view HDI's California Personnel Privacy Notice