Senior Health Actuarial Analyst - Lead Data-Driven Insights

Frost Bank; Austin (TX); On-site; USD 110,000 - 140,000; Full time

Benefits offered by this job

Medical, dental, vision insurance

401(k) matching

Paid time off

Job summary

Frost Bank is seeking an Insurance Actuarial Analyst to lead collection, validation, and analysis of complex healthcare data for strategic reporting and cost projections. The role oversees underwriting oversight and uses actuarial techniques to develop pricing and forecast scenarios.

The position requires extensive experience in health and benefits actuarial services, strong analytical skills, and the ability to influence stakeholders across underwriting, finance, and consulting teams.

Qualifications

• Bachelor's degree required.
• 6+ years of experience with a major Health and Benefits firm.
• 5+ years of experience in actuarial services.
• Strong experience with health and benefits claims projections, financial modeling, and data analysis.
• Deep understanding of underwriting principles and financial services practices.
• Proven ability to lead client engagements and present complex information effectively.
• Advanced proficiency in Microsoft applications, including expert-level Excel skills.
• Experience with predictive modeling, simulation, and analytics tools.
• Excellent written and verbal communication skills.
• Demonstrated ability to lead teams, manage projects, and influence stakeholders.

Responsibilities

• Lead collection, validation, and analysis of complex healthcare data for strategic reports and cost projections.
• Provide actuarial oversight of carrier underwriting, validating rates and methodologies.
• Analyze client claims experience (medical, pharmacy, stop-loss) and produce budget vs. actual insights.
• Develop pricing and rate strategies using actuarial techniques (trend, credibility, experience rating).
• Conduct benchmarking and competitive analyses to inform executive recommendations.
• Lead forecasting and scenario modeling of healthcare costs, utilization, and risk exposures.
• Standardize actuarial models and reporting to improve consistency and efficiency.
• Collaborate with underwriting, finance, and consulting teams to align assumptions and ensure regulatory compliance.
• Present insights to clients and support business development and renewal strategies.

Skills

data analysis

leadership

communication

underwriting knowledge

financial modeling

Education

Bachelor's degree

Tools

Excel

analytics tools

Job description

Frost Bank is seeking an Insurance Actuarial Analyst to lead collection, validation, and analysis of complex healthcare data for strategic reporting and cost projections. The role oversees underwriting oversight and uses actuarial techniques to develop pricing and forecast scenarios.

The position requires extensive experience in health and benefits actuarial services, strong analytical skills, and the ability to influence stakeholders across underwriting, finance, and consulting teams.