Actuarial Analyst: Pricing, Forecasting & Insights

Socket.dev; Minnetonka (MN); On-site; USD 63,000 - 108,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Paid time off

Holidays

Volunteer time off

401K contributions

Caregiver services

Job summary

Medica in Minnetonka, MN is seeking an Actuarial Analyst to join the Actuarial Services team. The role provides pricing, forecasting, reserving, and financial reporting support, with responsibility for building models and preparing analyses.

Ideal candidates have a bachelor's in actuarial science or related field, 0-1 year experience, and at least one SOA exam completed. Proficiency in Excel and willingness to work collaboratively in a team are valued.

Qualifications

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

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

Communication skills

Independent work

Team collaboration

Attention to detail

Education

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

SOA exam completed (1 exam)

Tools

Excel

SQL

SAS

R

Python

Job description

Medica in Minnetonka, MN is seeking an Actuarial Analyst to join the Actuarial Services team. The role provides pricing, forecasting, reserving, and financial reporting support, with responsibility for building models and preparing analyses.

Ideal candidates have a bachelor's in actuarial science or related field, 0-1 year experience, and at least one SOA exam completed. Proficiency in Excel and willingness to work collaboratively in a team are valued.