Director of Actuarial Services - Lead Pricing & Risk

Medica Services Company LLC; Madison (WI); On-site; USD 150,000 - 225,000; Full time

Job summary

Medica is seeking a Director of Actuarial Services in Madison, WI to lead actuarial analyses, experience studies, and pricing for product lines. This onsite role emphasizes ethics, collaboration, and data-driven decision making.

You will guide senior analysts, ensure accurate filings, and work with segment leadership to align pricing with business goals. Qualifications include FSA or ASA, 10 years in actuarial work, and 5 years in leadership; multistate licensure experience is a plus.

Qualifications

• Bachelor's degree or equivalent experience in related field.
• 10 years of experience and 5 years of leadership experience.
• Fellowship in the Society of Actuaries (FSA) and/or ASA credentials.
• MAAA membership or applicable health actuarial experience.

Responsibilities

• Conduct Experience Studies and oversee production of actuarial information, reports, and exhibits.
• Quantify risk and work with segment leadership on pricing, risk adjustment, and projections.
• Own actuarial components of product pricing and ensure forecast trend and membership projections are used correctly.
• Ensure rate filings and bids are accurate and submitted on time; participate in negotiations as needed.

Skills

Leadership

Actuarial analysis

Pricing strategy

Regulatory filings

Education

Bachelor's degree or equivalent in related field

Job description

Medica is seeking a Director of Actuarial Services in Madison, WI to lead actuarial analyses, experience studies, and pricing for product lines. This onsite role emphasizes ethics, collaboration, and data-driven decision making.

You will guide senior analysts, ensure accurate filings, and work with segment leadership to align pricing with business goals. Qualifications include FSA or ASA, 10 years in actuarial work, and 5 years in leadership; multistate licensure experience is a plus.