FSA Health Actuary- Pricing

Oliver James Associates Ltd.; Philadelphia (Philadelphia County); On-site; USD 140,000 - 210,000; Full time

Job summary

Oliver James Associates Ltd. is partnering with a reputable insurer to recruit an FSA credentialed Health Actuary for the Health division. The role focuses on developing and maintaining health pricing strategies and models to drive profitability.

You will analyse claims experience, medical trends and financial risk, working with underwriting and commercial teams to price new and existing business while ensuring regulatory compliance.

Qualifications

• FSA credentialed Health Actuary.
• Experience developing and maintaining health pricing strategies and models.
• Experience in risk adjustment and financial modelling.

Responsibilities

• Develop and maintain health pricing strategies and models to support profitable product decisions.
• Analyse claims experience and medical trends to inform pricing and risk selection.
• Collaborate with underwriting, claims and commercial teams to price new and existing business and assess rate adequacy.
• Model expected claims, premiums and profitability while ensuring pricing aligns with regulatory requirements.

Skills

Health pricing

Financial modelling

Risk adjustment

Education

FSA credentialed Health Actuary

Job description

Oliver James are pleased to be working with a reputable insurer seeking an FSA 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:

• FSA 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 their 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.

For further details on this role or for a confidential discussion around how your role compares in the market, please don't hesitate to reach out on [e-mail] or [phone].