Actuarial Analyst: Pricing, Forecasting & Data Insights

Medica; Minnetonka (MN); On-site; USD 63,000 - 108,000; Full time

Benefits offered by this job

Medical benefits

Dental benefits

Vision benefits

PTO

Holidays

Volunteer time off

401K contributions

Caregiver services

Job summary

Medica, a nonprofit health plan, seeks an Actuarial Analyst to join the Actuarial Services team in Minnetonka, MN. This role provides pricing, forecasting, reserving, and financial reporting support and collaborates with cross-functional teams to ensure accurate and compliant insights.

You will contribute to financial models, analysis, and presentations, while progressing through actuarial exams and building expertise in product development and risk management.

Qualifications

• Bachelor’s degree required.
• 0-1 years of experience beyond degree.
• Successful completion of 1 Society of Actuaries (SOA) exam.

Responsibilities

• Assist in the preparation of financial models, pricing structures, and reserve estimates to support business decisions.
• Perform data analysis and validation using actuarial and statistical techniques.
• Contribute to the development of reports, exhibits, and presentations for leadership and regulatory bodies.
• Support actuarial projects related to product development, trend analysis, and risk management.
• Ensure accuracy and compliance with actuarial standards, regulatory requirements, and Medica policies.
• Collaborate with cross-functional teams including Finance, Underwriting, and Product Development.
• Continue professional development through actuarial exams and on-the-job learning.

Skills

Analytical skills

Problem-solving

Critical thinking

Excel

SQL

SAS

R

Python

Communication

Education

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

Tools

SQL

SAS

R

Python

Job description

Medica, a nonprofit health plan, seeks an Actuarial Analyst to join the Actuarial Services team in Minnetonka, MN. This role provides pricing, forecasting, reserving, and financial reporting support and collaborates with cross-functional teams to ensure accurate and compliant insights.

You will contribute to financial models, analysis, and presentations, while progressing through actuarial exams and building expertise in product development and risk management.