Actuarial Analyst: Pricing, Forecasting & Reserves

Medica Services Company LLC; Minnetonka (MN); On-site; USD 70,000 - 120,000; Full time

Benefits offered by this job

Medical, dental, and vision plans

PTO and Holidays

401K contributions

Paid volunteer time off

Caregiver services

Job summary

Medica Services Company LLC seeks an Actuarial Analyst to join our Actuarial Services team in Minnetonka, MN. You will support pricing, forecasting, reserving, and financial reporting as part of a collaborative, data-driven culture.

The role emphasizes analytical rigor, teamwork, and ongoing professional development through actuarial exams, with onsite work three days a week. Competitive compensation and a strong benefits package are offered.

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 exam.
• Proficiency with Microsoft Excel; experience with SQL, SAS, R, or Python is a plus.

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 proficiency

SQL

SAS

R

Python

Education

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

Tools

Microsoft Excel

SQL

SAS

R

Python

Job description

Medica Services Company LLC seeks an Actuarial Analyst to join our Actuarial Services team in Minnetonka, MN. You will support pricing, forecasting, reserving, and financial reporting as part of a collaborative, data-driven culture.

The role emphasizes analytical rigor, teamwork, and ongoing professional development through actuarial exams, with onsite work three days a week. Competitive compensation and a strong benefits package are offered.