Actuarial Analyst
HybridMedicare AdvantagePricing & RatingReserving & ValuationPredictive Modelling & ML
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Role Summary
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Health actuarial analyst supporting Medicare Advantage valuation and contracting in Chicago. You will analyze large-scale medical claims, build financial projection and IBNR reserving models, and support underwriting and clinical intervention analyses. Suitable for an associate-level candidate (1–3 years) with SQL/Python skills and at least two actuarial exam passes.
JOB DESCRIPTION SUMMARY
- Support new business valuation and contract-level financial projections
- Analyze large-scale medical claims and eligibility data using SQL and Python
- Develop and maintain IBNR reserving models and monthly reporting
- Support underwriting and clinical intervention analyses using statistical models
- Chicago-based role with remote options; 1–3 years actuarial experience preferred
DOMAIN EXPERTISE
- Medical claims and eligibility dataset cleaning using SQL and Python
- Experience analyses: utilization, cost trends, risk adjustment
- Developing financial projection models for contract performance
- IBNR reserving model development
- Underwriting and clinical intervention analysis
KEY REQUIREMENTS
- Passed at least 2 actuarial exams
- 1+ year actuarial experience or internship (1–3 years preferred)
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or related field
- Proficiency or willingness to learn SQL and Python
- Legally authorized to work in the US without employer sponsorship
TECH STACK
- Excel
