Actuarial Analyst (Hybrid)
About the role
As an Actuarial Analyst, you will analyze claims and risk data, develop actuarial models, project costs and liabilities, and support underwriting and reinsurance decision-making. The role combines technical actuarial work with data analysis to help evaluate risk exposure, pricing, reserves, and program performance.
Responsibilities
- Analyze medical claims, membership, pricing, and underwriting data to identify trends and support business decisions
- Conduct actuarial research and experience studies, applying actuarial methods to develop and refine pricing assumptions
- Evaluate provider network discounts and performance and develop network and PPO factors used in rating
- Develop pricing for medical, dental, and vision benefit plans and partner with Underwriting to evaluate plan designs
- Support the review and ongoing refinement of manual rates, trend assumptions, and other pricing factors
- Contribute to the development and pricing of new products and benefit offerings
- Perform loss-ratio and financial analyses to evaluate business performance and emerging experience
- Present findings and recommendations clearly to actuarial, underwriting, and other business partners
- Take increasing ownership of projects and decisions while receiving guidance and mentorship from experienced team members
Requirements
- Bachelor’s degree in actuarial science, mathematics, statistics, economics, finance, or another quantitatively rigorous field
- Cumulative GPA of 3.5 or higher
- At least one actuarial internship or other directly relevant analytical experience
- Completion of two or more actuarial exams
Skills
- Proficiency in Microsoft Excel
- Excellent written and verbal communication skills
- Commitment to pursuing actuarial credentials, continuous learning, and professional growth
- Ability to work collaboratively while taking ownership of assigned work
- Exposure to, or interest in learning, SQL, Python, and AI-enabled analytical tools
- Demonstrated leadership through academic, professional, or extracurricular activities
- Strong analytical, problem-solving, and technical skills, coupled with intellectual curiosity and the initiative to seek out answers, improve processes, and continuously learn
Benefits
- Competitive salary
- Paid time off (PTO) and paid holidays
- 401(k) with company match
- Exclusive discount programs
- Health and wellness programs
Pay
The base salary range for this position is $75,000 to $90,000. The base salary offered will be determined by factors including, but not limited to, experience, credentials, education, certifications, skill level required for the position, the scope of the position, and geographic location. Actual base salary offered will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.