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Actuarial Associate / Senior Actuarial Associate - Product Management

Physicians Mutual Insurance CompanyOmaha, United States4mo ago
OnsiteMedicare SupplementIndividual HealthPricing & RatingExperience StudiesProduct Development & Plan Design

Role Summary

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HIGHLIGHTS

Actuarial Associate / Senior Actuarial Associate on a Product Management team focused on Medicare Supplement and individual health products. You will perform experience studies, support pricing and product development, prepare rate filings, and maintain actuarial models in Omaha, NE. The role suits actuarial candidates at Associate level (ASA) with exposure to health product assumptions and regulatory work.

JOB DESCRIPTION SUMMARY

  • Work on Medicare Supplement and other individual health product pricing and development
  • Perform experience studies on persistency, mortality, morbidity, and expenses
  • Prepare and maintain rate filings, actuarial memoranda, and re-rating analyses
  • Develop and maintain models using Excel and ALFA actuarial software
  • Onsite role at Corporate Office in Omaha, NE

DOMAIN EXPERTISE

  • experience studies: persistency, mortality, morbidity, expenses
  • product pricing and development for individual health
  • preparing rate filings and actuarial memoranda
  • re-rating analyses and renewal rate setting

KEY REQUIREMENTS

  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, or Economics
  • ASA designation expected (or active progress toward ASA for Associate level)
  • Senior Associate: at least two years with an ASA designation
  • Proficiency in Excel and exposure to actuarial modeling tools
  • Familiarity with individual health products, Medicare Supplement preferred

TECH STACK

  • Excel