Senior Actuarial Associate

MedicaMinnetonka, MN
106d$87,100 - $149,300

About The Position

Medica is a nonprofit health plan with more than a million members that serves communities in Minnesota, Nebraska, Wisconsin, Missouri, and beyond. We deliver personalized health care experiences and partner closely with providers to ensure members are genuinely cared for. We're a team that owns our work with accountability, makes data-driven decisions, embraces continuous learning, and celebrates collaboration — because success is a team sport. It's our mission to be there in the moments that matter most for our members and employees. Join us in creating a community of connected care, where coordinated, quality service is the norm and every member feels valued. 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. Performs other duties as assigned.

Requirements

  • Bachelor's degree or equivalent experience in a related field.
  • Minimum of 5 years of work experience beyond degree.
  • Associate of the Society of Actuaries (ASA) designation.

Nice To Haves

  • Experience in healthcare or insurance actuarial work.
  • Knowledge of reserving and monthly financial reporting.
  • Advanced proficiency in statistical programming and database tools.

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.
  • Perform other duties as assigned.

Benefits

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

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What This Job Offers

Job Type

Full-time

Industry

Professional, Scientific, and Technical Services

Education Level

Bachelor's degree

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