Principal Actuary - Remote

Prime Therapeutics; Richmond (VA); Remote; USD 124,000 - 211,000; Full time

Benefits offered by this job

Remote work

Tobacco-Free Workplace

Job summary

Prime Therapeutics (Prime) is seeking a Principal Actuary to provide strategic actuarial leadership, pricing support, and innovative modeling across all lines of business. You'll collaborate with the Senior Principal Actuary, engage with clients, and guide cross-functional teams on pricing initiatives and data analyses.

You’ll manage high-visibility projects, mentor actuarial staff, monitor health-policy developments, and ensure compliance with regulations and actuary standards while delivering

Qualifications

• Bachelor’s degree in Math, Actuarial Science, Economics, or Finance.
• 8 years actuarial work experience, including 6 years in a healthcare organization or PBM.
• Actuarial designation (ASA or FSA).
• Eligible to work in the United States without a work visa or sponsorship.

Responsibilities

• Collaborate as an SME with underwriters, other Prime teams, and senior management on pricing initiatives, data analyses, and the RFP process.
• Lead, manage, and review data analyses, reporting, and projections.
• Conduct ad-hoc complex pharmacy data mining and analyses to investigate and answer challenging actuarial questions.
• Provide strategic pricing advice on structures and methodology using market research, financial projections, and complex actuarial modeling.
• Present results and analyses to key stakeholders, senior management, and clients, answering detailed questions regarding actuarial data.
• Lead and mentor Actuarial team members to enhance their knowledge.
• Monitor the health-policy environment and assess its implications for pricing policies, laws, and political changes that may impact client programs.
• Ensure all work complies with federal regulations and actuarial standards, as applicable.
• Perform other duties as assigned.

Skills

Excel advanced

SAS

SQL

VBA

Analytical skills

Communication skills

Project management

Client consulting

Education

Bachelor’s in Math/Actuarial/Econ/Finance

Tools

SAS

SQL

VBA

Job description

Prime Therapeutics (Prime) is a purpose-driven PBM focused on connecting care for our clients.

Principal Actuary - Remote

Job Description

The Principal Actuary supports the development of actuarial concepts and provides thought leadership for Prime’s existing and potential owners and clients. Working closely with the Senior Principal Actuary, the role provides strategic consulting, manages innovative actuarial modeling, and offers pricing support across all lines of business. It also leads complex, high-visibility projects for executives and cross-functional teams.

Responsibilities

• Collaborate as an SME with underwriters, other Prime teams, and senior management on pricing initiatives, data analyses, and the RFP process.
• Lead, manage, and review data analyses, reporting, and projections.
• Conduct ad‑hoc complex pharmacy data mining and analyses to investigate and answer challenging actuarial questions.
• Provide strategic pricing advice on structures and methodology using market research, financial projections, and complex actuarial modeling.
• Present results and analyses to key stakeholders, senior management, and clients, answering detailed questions regarding actuarial data.
• Lead and mentor Actuarial team members to enhance their knowledge.
• Monitor the health‑policy environment and assess its implications for pricing policies, laws, and political changes that may impact client programs.
• Ensure all work complies with federal regulations and actuarial standards, as applicable.
• Perform other duties as assigned.

Minimum Qualifications

• Bachelor’s degree in Math, Actuarial Science, Economics, or Finance.
• 8 years of actuarial work experience, including 6 years in a healthcare organization or PBM.
• Actuarial designation (ASA or FSA).
• Eligible to work in the United States without a work visa or sponsorship.

Additional Qualifications

• Advanced proficiency in Excel; intermediate proficiency in SAS, SQL, or VBA.
• Excellent quantitative, problem‑solving, and analytical skills.
• Strong project management and organizational skills.
• Excellent verbal and written communication skills.
• Strong client consulting presence.
• Excellent presentation and facilitation skills.

Preferred Qualifications

• 8 years of actuarial experience in a healthcare organization or PBM.
• Experience pricing Commercial, Medicare, or Medicaid lines of business.
• 5 years of experience in SAS, SQL, or VBA.
• Experience in model building and underwriting or risk‑adjusted rate setting.
• Experience designing and implementing innovative solutions to complex pharmacy benefit challenges.

Possible salary range: $124,000.00 – $211,000.00 based on experience and skills.

Benefits and compensation details are available at https://www.primetherapeutics.com/benefits.

Prime Therapeutics LLC is proud to be an equal‑opportunity and affirmative‑action employer. All qualified applicants, regardless of race, color, religion, gender, sex (including pregnancy), national origin, disability, age, veteran status, or any other legally protected class, will receive consideration for employment.

Prime Therapeutics LLC is a Tobacco‑Free Workplace employer.

All employees must comply with security responsibilities, legal, regulatory, and contractual requirements, and internal policies. Employees are expected to perform essential job functions and may receive reasonable accommodations to enable them to perform these functions, absent undue hardship.