Senior Actuarial Analyst: Pricing & Forecasting

Medica; Minnetonka (MN); On-site; USD 63,000 - 94,000; Full time

Benefits offered by this job

Medical, dental, vision benefits

Paid time off (PTO)

401K contributions

Job summary

Medica, a nonprofit health plan, is seeking a Senior Actuarial Analyst to join our Actuarial Services team. This role provides analytical support in pricing, forecasting, reserving, and financial reporting, with opportunities to influence business decisions.

Based onsite, three days per week, in Minnetonka, MN, with open locations in Madison, WI or St. Louis, MO. You will work with cross-functional partners and pursue actuarial exams for professional growth.

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 Society of Actuaries (SOA) exams.

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

Strong analytical skills

Excellent written and verbal skills

Ability to work independently

Team collaboration

Problem-solving

Critical-thinking

Education

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

Tools

Excel

SQL

SAS

R

Python

Job description

Medica, a nonprofit health plan, is seeking a Senior Actuarial Analyst to join our Actuarial Services team. This role provides analytical support in pricing, forecasting, reserving, and financial reporting, with opportunities to influence business decisions.

Based onsite, three days per week, in Minnetonka, MN, with open locations in Madison, WI or St. Louis, MO. You will work with cross-functional partners and pursue actuarial exams for professional growth.