Actuarial Analyst - Pricing, Forecasting & Insights

Medica; Minnetonka (MN); On-site; USD 70,200 - 105,315; Full time

Benefits offered by this job

Medical benefits

Dental benefits

Vision benefits

PTO

Holidays

Paid volunteer time off

401K contributions

Caregiver services

Job summary

Medica is a nonprofit health plan serving communities in Minnesota and beyond. The Actuarial Analyst will join our Actuarial Services team in Minnetonka, focusing on pricing, forecasting, reserving, and financial reporting. The role requires a bachelor's degree and SOA exam progress; 0-1 years' experience.

Onsite role with 3 days per week in Minnetonka. We value data-driven decisions and collaboration with Finance, Underwriting, and Product Development, offering growth opportunities for

Qualifications

• Bachelor's degree in a related field.
• 0-1 years of experience beyond degree.
• Successful completion of 1 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 thinking

Problem solving

Communication skills

Team collaboration

Independent work

Education

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

Tools

Excel

SQL

SAS

R

Python

Job description

Medica is a nonprofit health plan serving communities in Minnesota and beyond. The Actuarial Analyst will join our Actuarial Services team in Minnetonka, focusing on pricing, forecasting, reserving, and financial reporting. The role requires a bachelor's degree and SOA exam progress; 0-1 years' experience.

Onsite role with 3 days per week in Minnetonka. We value data-driven decisions and collaboration with Finance, Underwriting, and Product Development, offering growth opportunities for