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Actuarial Analyst

MedMutual ProtectChicago, United States2mo ago
FlexibleCommercial Employer HealthStop LossMedicare AdvantageIndividual HealthPricing & RatingReserving & ValuationBusiness Intelligence & Reporting

Role Summary

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HIGHLIGHTS

Entry to mid-level Health actuarial analyst role in Chicago supporting pricing, reserving, and actuarial reporting for group, Medicare, and individual products. Work includes rate-making analysis, reserve calculations, and preparing internal management information and external filings under the supervision of a health actuary. Multiple analyst levels (I–III) are recruited with varying experience and SOA exam requirements.

JOB DESCRIPTION SUMMARY

  • Support pricing and rate-making analysis for group, Medicare, and individual health products
  • Perform reserving analysis and prepare internal and external actuarial reports
  • Use automation and basic SQL/VBA to improve reporting timeliness and accuracy
  • Multiple levels (Analyst I–III) from entry to experienced health actuarial analysts
  • Flexible work arrangements (office or remote options indicated)

DOMAIN EXPERTISE

  • Health actuarial work
  • Rate-making and pricing analysis
  • Reserving and reserve level determination
  • Preparation of internal and external actuarial filings

KEY REQUIREMENTS

  • Actuarial exams: 1+ SOA exams (Analyst I), 3+ for Analyst II, 4+ for Analyst III
  • Actuarial experience in health: 0–1 year for I, 1+ year for II, 3+ years for III
  • Bachelor’s degree in math, actuarial science, statistics, or related field
  • Basic SQL and VBA skills preferred; SAS and other programming languages a plus

TECH STACK

  • Excel
  • Word