Join Wellabe's actuarial team to support financial projections, liability valuation, pricing, and asset-liability management for wide range of senior market insurance products. This role offers opportunities to work on sophisticated modeling, regulatory reporting, and strategic analysis. Position level will be determined based on individuals' skill, knowledge, and experience as well as actuarial exam progress.

At the Actuary Analyst level, you will assist with model development, data analysis, and projection tasks to support planning and regulatory reporting.

At the Senior Actuary Analyst level, you will lead actuarial model development and maintenance, oversee complex statistical analysis, and provide guidance to junior team members while ensuring compliance with regulatory and governance standards.
Essential functions

Shared Responsibilities (Both Levels):

• Develop and maintain actuarial models for valuation, forecasting, pricing, and risk analysis.
• Support cash flow testing (CFT), sensitivity tests, and risk-based capital (RBC) projections.
• Prepare experience studies, actuarial analyses, and summary reports for management.
• Document methodologies, assumptions, and data sources.
• Ensure compliance with regulatory requirements and internal governance standards.

Additional for Senior Actuary Analyst:

• Lead model governance and continuous process improvement initiatives.
• Prepare actuarial portions of financial statements and statutory exhibits.
• Explain results and make recommendations for management actions and product design.
• Provide technical guidance and mentorship to junior analysts.

Success Profile

Both Levels:

• Strong analytical and critical thinking skills.
• Ability to communicate complex topics clearly to technical and non-technical audiences.
• Proficiency in MS Office (Excel, Word, PowerPoint); exposure to SQL, VBA, or programming languages preferred.
• Experience with actuarial software (MG-ALFA preferred).

Senior Level:

• Deep knowledge of insurance products, regulations, and actuarial standards.
• Advanced programming skills (SQL, VBA, R) and experience with actuarial projection software.
• Ability to lead projects and mentor team members.

Qualifications

Actuary Analyst: Bachelor's degree in actuarial science, mathematics, statistics, or related field; completion of internship or relevant experience preferred; two actuarial exams preferred.

Senior Actuary Analyst: Bachelor's degree in actuarial science or related field; 2+ years actuarial experience; completion of at least 3 actuarial exams and progress toward ASA designation required.
Benefits

• Hybrid availability
• 401(k) with generous, full vested company match
• Health insurance
• Paid time off, holidays
• Volunteer time off
• Lifestyle Spending Account (LSA)
• Paternal leave
• Legal insurance
• EAP
• Travel accident insurance

Growth opportunities

We believe each of us has potential to grow and adapt with our business. We take your career as seriously as you do. Helping you develop your skills and talents leads to opportunities - not only for you, but also for our company. That's why we provide:

• LinkedIn Learning Premium access
• CliftonStrengths® assessment and coaching
• On-site and virtual workshops and cohorts featuring world-class content from FranklinCovey, Crucial Learning, Gallup, and more
• Free world-class insurance acumen courses through AHIP and LOMA
• Reimbursement and bonus opportunities for professional designations and certifications, including a tuition reimbursement program
• Opportunities to take part in Wellabe's mentorship programs

About Wellabe

Since 1929, Wellabe has been finding solutions to help our customers protect their health and financial well-being. And we're committed to fostering an internal culture of inclusivity, well-being, and development so each of our team members can succeed. Learn more about Wellabe's culture of betterment by visiting wellabe.com/culture.

Wellabe is full of smart, caring, hard-working people with a broad range of talents who understand collaboration is key. We bring our best selves every day, to connect with others to solve problems, spark innovation, and bring ideas to life. Meet the team and learn what makes Wellabe a great place to work by visiting wellabe.com/news/employee-spotlights.

Our core values:

• Be dedicated: Show unwavering commitment by proactively taking initiative, setting clear goals, and managing time effectively.
• Be trustworthy: Take accountability for actions, navigate difficult conversations with integrity, and build strong relationships through consistent, honest behavior.
• Be determined: Demonstrate enthusiasm and a relentless drive to overcome obstacles and achieve goals.
• Be collaborative: Foster teamwork by being self-aware, actively listening, and effectively communicating across all levels.
• Be open: Embrace diversity and new ideas to create an inclusive environment.
• Be generous: Embody generosity and compassion by serving a greater purpose and helping others.
• Be better: Commit to continuous improvement and adapt effectively to change.
• Be well: Prioritize physical and mental health, manage stress, and demonstrate emotional intelligence.

Be well - thrive in an environment that fosters inclusivity, well-being, and development. #LI-Hybrid

Equal Opportunity Employer
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