Associate Health Actuary

Amwins • Charlotte, NC

6d • Onsite

About The Position

The Amwins Benefits Division is seeking an Associate Health Actuary to serve as a dedicated resource for actuarial services, with a strong focus on self-funded group health and stop-loss analytics. This role supports the Amwins Self-Funded and Accident & Health Underwriting divisions. It offers an opportunity to join a growing actuarial team and influence underwriting strategy, pricing, product development, and business growth within a large employee benefits organization. Amwins is the world's largest wholesale insurance distributor. The Benefits Division has insourced key health actuarial initiatives since 2018 and is experiencing growth in its self-funded and stop-loss business, requiring additional support for analyses and special projects. This role reports to the SVP, Health Actuary, and joins a team of three actuaries. The ideal candidate thrives in a collaborative, analytical environment, can work independently, and is excited about uncovering trends, communicating insights, and building solutions. Beyond technical skills, this role involves solving complex business problems, partnering with underwriting and business leaders, and influencing strategic decisions. It is not a back-office role; it requires explaining actuarial concepts to non-actuaries, building relationships with underwriting and sales, and training junior staff. Intellectual curiosity and the ability to translate data into practical business solutions are key.

Requirements

• Bachelor's degree in a related field (actuarial science, mathematics, data science, or another major with quantitative course work).
• Recent or near ASA with not less than 5 years of health actuarial experience; self-funded and/or stop-loss experience strongly preferred.
• Experience in data mining, statistical analysis, and data transformation/manipulation.
• Expertise in database software such as SQL and/or Python.
• Extensive use of Microsoft Office products (especially Excel with VBA and PowerPoint).
• Strong math skills and the ability to solve and understand analytical problems and solutions.
• Able to prioritize workload and work within tight timeframes when required.
• Able to work within a team environment but also organize an individual workload.
• Understanding of self-funded group health, stop-loss, medical underwriting, and the insurance industry.
• Ability to quickly learn new software programs.
• Ability to tell a succinct, meaningful, and actionable story with data.
• Excellent written and verbal communication skills.
• Must be a team player and able to work in a fast-paced, exciting environment.

Nice To Haves

• Proficiency in Power BI or Tableau is a plus.

Responsibilities

• Prepare and maintain self-funded group financial analyses (SFAs).
• Analyze reinsurance and stop-loss coverage and interpret contract terms (specific/aggregate, laser terms, run-in/run-out provisions).
• Evaluate alternative funding arrangements and develop premium equivalent rates.
• Validate medical claim trend rates and stop-loss pricing trends.
• Prepare IBNR/reserve estimation and perform reserve adequacy testing.
• Review and development of manual rates.
• Evaluate and support development of new products and underwriting methodologies.
• Benefits valuation and plan changes based on utilization and network assumptions.
• Health care renewal analysis, pricing and trend analyses, claims/premium projections.
• Develop and maintain strong documentation on all modeling, process changes, and analyses performed.
• Support peer review and quality control of team analyses and deliverables as the actuarial team grows.
• Analyze block-of-business experience data against carrier data, industry trends, or studies.
• Assess impact of additional cost containment services and support performance guarantee determination.
• Communicate actuarial findings and recommendations clearly to non-actuarial audiences, including sales, underwriting, and leadership.
• Build and maintain working relationships with underwriters, producers, and broker partners across the division.
• Support internal training and education for underwriters and junior producers on actuarial concepts, pricing methodology, and stop-loss/self-funded fundamentals.
• Represent the actuarial team in cross-functional discussions and, at times, client- or broker-facing conversations.
• Collaborate across multiple operating companies within the Benefits Division, helping translate sophisticated actuarial analysis into practical business solutions that support growth and client success.

Benefits

• Competitive benefits
• Increasing opportunities for ownership, mentorship, leadership, and professional growth
• Comprehensive study program
• Exam-based salary increases

What This Job Offers

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