Actuarial Associate - Product Management

Physicians Mutual Insurance Company, Inc. • Omaha, NE

1d

About The Position

At Physicians Mutual, we’re looking for a talented actuarial professional to join our Product Management team. This is a great opportunity to contribute to meaningful work that supports product pricing, development, and long-term business growth. In this role, you’ll use your analytical and problem-solving skills to ensure our Medicare Supplement and other Health products are thoughtfully designed, competitively priced, and fully compliant with regulatory requirements. You’ll collaborate closely with cross-functional teams across actuarial, finance, marketing, and product development, helping to deliver insights that drive business decisions and strengthen our portfolio.

Requirements

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or Economics.
• Attainment of ASA designation
• 2+ Years of familiarity with individual Health products, including Medicare Supplement
• Strong analytical and technical skills, including proficiency in Excel and exposure to modeling or statistical tools.
• Ability to communicate complex ideas clearly to both technical and non-technical audiences.
• Commitment to professional growth through exam progression and continuing education.
• Team-oriented mindset with a high attention to detail and accuracy.

Responsibilities

• Conduct experience studies and analyze data related to persistency, mortality, morbidity, and expenses.
• Support product pricing and development by evaluating assumptions, profitability, and regulatory compliance.
• Assist in preparing and maintaining rate filings, actuarial memorandums, and related documentation.
• Contribute to re-rating analyses and renewal rate setting, presenting findings to management.
• Develop and maintain models using tools such as Excel or ALFA software.
• Collaborate with internal teams to deliver accurate, timely information and actionable insights.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level