Sr Actuarial Associate

Key Accountabilities

• Analyze and evaluate the likelihood of future events in order to reduce and manage future risks.
• Complete and interpret actuarial analysis, valuations, cost estimates, and modeling using statistical programming and database tools.
• Perform rate level pricing functions and prepare monitoring reports on program or product pricing.
• Measure historical relationships to develop forecasts and identify trends.

Required Qualifications

• Bachelor's degree or equivalent experience in related field
• 5 years of work experience beyond degree
• Required Certifications/Licensure: Level 2: ASA + 3 exams/modules (must include 1 exam) OR Demonstrated performance over multiple years under the supervision of a qualified actuary
• Level 1: Associate: ASA

Preferred Qualifications

• Experience pricing Self-Funded or Level-Funded products and/or experience with Stop-Loss pricing.
• Healthcare experience is preferred
• Proficiency in Excel and experience in SAS or SQL
• Strong problem-solving skills and attention to detail
• Able to balance several projects and deadlines at once

Work Location

This position is an Office role, which requires an employee to work onsite, on average, 3 days per week. We are open to candidates located near one of the following office locations: Minnetonka, MN, Madison, WI, Omaha, NE, or St. Louis, MO.

Compensation and Benefits

• The full salary grade for this position is $88,800 - $152,300.
• The typical hiring salary range for this role is expected to be between $88,800 - $133,245.
• Annual salary range placement will depend on a variety of factors including, but not limited to, education, work experience, applicable certifications and/or licensure, the position's scope and responsibility, internal pay equity and external market salary data.
• Medica offers a generous total rewards package that includes competitive medical, dental, vision, PTO, Holidays, paid volunteer time off, 401K contributions, caregiver services and many other benefits to support our employees.

Eligibility to Work in the US

All candidates must be legally authorized to work in the United States at the time of application. Employment is contingent on verification of identity and eligibility to work in the United States. We are an Equal Opportunity employer, where all qualified candidates receive consideration for employment indiscriminate of race, religion, ethnicity, national origin, citizenship, gender, gender identity, sexual orientation, age, veteran status, disability, genetic information, or any other protected characteristic.