Senior Director, Actuarial & Health Pricing

Medica; Hopkins (MN); On-site; USD 150,000 - 225,000; Full time

Benefits offered by this job

Onsite 3 days per week

Office location Minnetonka, MN

Office location Madison, WI

Job summary

Medica, a nonprofit health plan serving Minnesota and beyond, seeks an experienced actuary leader to own the actuarial component of product pricing and financial forecasting. This on-site role requires strong ethics and collaboration with segments and corporate finance.

The ideal candidate holds FSA/ASA, 10+ years in actuarial roles with leadership, and experience in rate filings, ACA, and risk adjustment. Location options include Minnetonka, MN or Madison, WI, with a 3-day onsite expectation.

Qualifications

• Bachelor's degree in related field or equivalent experience.
• 10 years of experience and 5 years of leadership in actuarial roles.
• FSA and ASA certifications with professional accountability.

Responsibilities

• Oversees experience studies and ensures timely, accurate actuarial information.
• Quantifies risk and communicates variances to leadership.
• Provides context for pricing targets and product performance.
• Owns actuarial component of product pricing and forecasting.
• Manages rate filings, bids, and state negotiations when needed.
• Reviews and certifies actuarial work and monthly results.

Skills

Leadership experience

Actuarial analysis

Financial forecasting

Risk assessment

Education

Bachelor's degree or equivalent

Fellowship in the Society of Actuaries (FSA)

ASA with demonstrated performance

Member, American Academy of Actuaries (MAAA)

Job description

Medica, a nonprofit health plan serving Minnesota and beyond, seeks an experienced actuary leader to own the actuarial component of product pricing and financial forecasting. This on-site role requires strong ethics and collaboration with segments and corporate finance.

The ideal candidate holds FSA/ASA, 10+ years in actuarial roles with leadership, and experience in rate filings, ACA, and risk adjustment. Location options include Minnetonka, MN or Madison, WI, with a 3-day onsite expectation.