Re-Rating Analyst

Physicians Mutual Insurance Company, Inc. • Omaha, NE

3d

About The Position

At Physicians Mutual, we are dedicated to protecting the financial security of our policyowners while ensuring strong regulatory compliance and long-term financial strength.
We are looking to add a Re-Rating Analyst to our team to support the analysis, validation, and implementation of rate changes for our Medicare Supplement product. In this role, you will play an important part in evaluating product experience, supporting corrective rate actions, and ensuring filings are accurate, compliant, and aligned with company objectives.
Why This Role Matters
This position directly impacts the financial strength of our Company and the value we provide to our policyowners. Your work ensures that our products remain compliant, competitive, and sustainable in a highly regulated environment.

Requirements

• Bachelor’s degree or equivalent professional experience.
• 4–6 years of experience in health or Medicare Supplement insurance, actuarial support, regulatory filings, or rate analysis.
• Solid understanding of premium and claims data.
• Working knowledge of actuarial concepts and inflationary health products.
• Ability to interpret regulatory requirements and apply them accurately.
• Strong written and verbal communication skills, including confidence in regulatory discussions.
• Excellent organizational skills with the ability to manage overlapping state deadlines.
• Demonstrates ability to work well in a team environment.
• Self-motivated and comfortable working with minimal supervision.

Nice To Haves

• Experience analyzing and documenting rate filings preferred.
• Strong proficiency in Excel, Word, and PDF editing; Bonus if you have experience in SERFF Filing System

Responsibilities

• Review and validate actuarial memorandums, exhibits, supplements, and certifications required for rate and refund filings.
• Interpret and apply state insurance laws and regulations.
• Prepare compliant rate increase (re-rating) submissions through SERFF (System for Electronic Rate and Form Filings).
• Present and negotiate the Company’s position with State Insurance Departments.
• Track and document state approval activity and maintain detailed regulatory records.
• Implement approved rate changes in internal rate management systems and ensure alignment across reporting platforms.
• Prepare annual and ad hoc reports for regulatory agencies like State Insurance Departments.
• Collaborate closely with actuarial, compliance, and operational teams to ensure timely, accurate implementation of rate actions.

What This Job Offers

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