Actuarial Analyst — Pricing & Forecasting (Hybrid)

Socket.dev; Madison (WI); On-site; USD 63,000 - 94,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

PTO

Holidays

Volunteer time off

401K contributions

Caregiver services

Job summary

Medica in Minnetonka, MN, is seeking an Actuarial Analyst to support pricing, forecasting, reserving, and financial reporting within our Actuarial Services team. This role focuses on data analysis, modeling, and presenting insights to leadership.

The ideal candidate has a Bachelor’s degree in a related field, 0–1 years of experience, and completion of one SOA exam. Proficiency with Excel and familiarity with SQL, SAS, R, or Python are a plus; onsite work is required three days per week.

Qualifications

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, Finance, or related field.
• 0-1 years of experience beyond degree.
• Successful completion of 1 SOA exams

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 thinking

Communication skills

Teamwork

Independent work

SOA exam understanding

Education

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

Tools

Excel

SQL

SAS

R

Python

Job description

Medica in Minnetonka, MN, is seeking an Actuarial Analyst to support pricing, forecasting, reserving, and financial reporting within our Actuarial Services team. This role focuses on data analysis, modeling, and presenting insights to leadership.

The ideal candidate has a Bachelor’s degree in a related field, 0–1 years of experience, and completion of one SOA exam. Proficiency with Excel and familiarity with SQL, SAS, R, or Python are a plus; onsite work is required three days per week.