Actuarial Analyst I - Data-Driven Forecasting & Pricing

Medica; Madison (WI); On-site; USD 63,000 - 108,000; Full time

Job summary

Medica is a nonprofit health plan serving multiple states, including Wisconsin. The Actuary I performs foundational actuarial analyses to support risk evaluation, pricing, forecasting, and valuation under guidance. The role emphasizes accuracy, documentation, and learning established methodologies, contributing to team objectives.

Office-based role in Madison, WI with onsite work 3 days per week. The salary range and total rewards reflect comprehensive benefits and internal pay equity

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, Finance, or related field.
• Successful completion of 1 Society of Actuaries (SOA) exams

Responsibilities

• Conduct Actuarial Analyses & Forecasting using established tools and assumptions.
• Support pricing analyses by preparing data and calculations.
• Build and maintain actuarial models and tools with routine maintenance and quality checks.
• Assist with probabilistic analyses and scenario testing for risk evaluation.
• Collaborate with team members to complete projects and maintain organized workpapers.

Skills

Analytical thinking

Problem-solving

Critical thinking

Communication skills

Team collaboration

Education

Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, Finance, or related field

Tools

Microsoft Excel

SQL

SAS

R

Python

Job description

Medica is a nonprofit health plan serving multiple states, including Wisconsin. The Actuary I performs foundational actuarial analyses to support risk evaluation, pricing, forecasting, and valuation under guidance. The role emphasizes accuracy, documentation, and learning established methodologies, contributing to team objectives.

Office-based role in Madison, WI with onsite work 3 days per week. The salary range and total rewards reflect comprehensive benefits and internal pay equity