Senior Actuarial Analyst - Medicaid

MedicaMinnetonka, MN
Hybrid

About The Position

Medica is a nonprofit health plan serving over a million members across multiple states. We focus on delivering personalized healthcare experiences and collaborating with providers to ensure members receive quality care. Our team values accountability, data-driven decisions, continuous learning, and collaboration. Our mission is to support our members and employees during important life moments. We aim to foster a connected care community with coordinated, high-quality service where every member feels valued.

Requirements

  • Bachelor's degree or equivalent experience in a related field.
  • 3+ years of work experience beyond degree.
  • Strong written and communication skills.
  • 3 Actuarial exams/courses.
  • Eligibility to work in the US.

Nice To Haves

  • Health insurance experience.
  • Database experience - SQL, R, SAS, Python.
  • Medicaid experience a plus.

Responsibilities

  • Analyze and evaluate the likelihood of future events 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.
  • Build and maintain actuarial models to support business goals and initiatives.
  • Perform data analysis and validation using actuarial and statistical techniques.
  • Collaborate with cross-functional teams including Finance, Underwriting and Product Development.
  • Perform ad hoc analyses as needed.

Benefits

  • Competitive medical, dental, vision.
  • PTO.
  • Holidays.
  • Paid volunteer time off.
  • 401K contributions.
  • Caregiver services.
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