Senior Director, Actuarial Services — Health Plan Leader

Medica; Minnetonka (MN); On-site; USD 150,000 - 257,000; Full time

Job summary

Medica is seeking an experienced senior actuary to lead the actuarial department in evaluating financial performance, pricing, and risk for multiple product lines. The role focuses on experience studies, risk quantification, and coordinating with segment leadership to align pricing with strategic goals.

Office-based position with onsite work required; candidates may be near Minnetonka, MN, or Madison, WI. The salary range is competitive, with potential incentive compensation and a comprehensive

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).
• ASA with demonstrated performance over multiple years under the supervision of a qualified actuary.
• Member, American Academy of Actuaries (MAAA,) Health actuarial or other related actuarial experience

Responsibilities

• Conduct Experience Studies and oversee actuarial reporting.
• Quantify risk and advise on pricing and risk adjustment.
• Provide context for financial targets and pricing strategies.
• Forecast financial performance including revenue and membership projections.
• Ensure rate filings and compliance with negotiations and filings.
• Review work of others and sign off on rate filings and communications.

Skills

Leadership

Actuarial analytics

Education

Bachelor's degree or equivalent

FSA

ASA with supervision

MAAA membership

Job description

Medica is seeking an experienced senior actuary to lead the actuarial department in evaluating financial performance, pricing, and risk for multiple product lines. The role focuses on experience studies, risk quantification, and coordinating with segment leadership to align pricing with strategic goals.

Office-based position with onsite work required; candidates may be near Minnetonka, MN, or Madison, WI. The salary range is competitive, with potential incentive compensation and a comprehensive