ASA Health Actuary- Pricing

Oliver James Associates Ltd.; Philadelphia (Philadelphia County); On-site; USD 120,000 - 190,000; Full time

Job summary

Oliver James Associates Ltd. are partnering with a major insurer to hire an ASA credentialed Actuary for the Health business. The role focuses on developing and maintaining health pricing strategies and models to support profitable product decisions.

You will analyse claims experience, medical trends and financial risk, pricing new and existing business, and assess rate adequacy while ensuring pricing approaches meet regulatory requirements across the health portfolio.

Qualifications

• This role requires ASA credentialed Health Actuary.
• Experience developing and maintaining health pricing strategies and models.
• Experience with risk adjustment and financial modelling.

Responsibilities

• Develop and maintain health pricing strategies and models to support profitable product decisions.
• Analyse claims experience, medical trends and financial risk.
• Price new and existing business and assess rate adequacy.
• Model expected claims, premiums and profitability while aligning with regulatory requirements.

Skills

ASA credentialed Health Actuary

Health pricing strategies

Risk adjustment

Job description

Oliver James are pleased to be working with a reputable insurer seeking an ASA credentialed Actuary to join their growing Health business. You'll be responsible for developing and maintaining health pricing strategies and models, analysing claims experience, medical trends and financial risk to support profitable product decisions. You'll work closely with underwriting, claims and wider commercial teams to price new and existing business, assess rate adequacy and model expected claims, premiums and profitability, while ensuring pricing approaches remain aligned with relevant regulatory requirements.

Role requirements:

• ASA credentialed Health Actuary
• Experience in developing and maintaining health pricing strategies and models
• Risk adjustment and financial modelling experience

This role will allow you to work within a large, established global insurance and reinsurance business in a period of significant growth. You will gain exposure to the more specialised and technically interesting world of health risk. For someone looking to broaden your experience, it offers a strong combination of technical actuarial work, commercial decision-making and exposure to reinsurance, with the ability to influence how health products are priced and developed.