Actuarial Associate jobs in United States
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Medica · 20 hours ago

Actuarial Associate

positionMinnetonka, Minnesota, United States
timeFull-time
remoteHybrid
seniorityMid, Senior Level
money$87K/yr - $131K/yr
date5+ years exp

Medica is a nonprofit health plan serving over a million members across multiple states. The Actuarial Associate will analyze and evaluate future events to manage risks, conduct actuarial analyses, and contribute to team objectives through professional expertise.

Health CareMedical

Responsibilities

Conduct and interpret actuarial analyses, valuations, and cost estimates
Perform rate level pricing functions and prepare monitoring reports
Use statistical programming and database tools for modeling and forecasting
Analyze historical data to identify trends and develop future projections
Apply actuarial principles to complex projects with moderate decision-making authority
Recommend new projects and work procedures to improve team or unit performance
Contribute to team objectives and influence functional goals through professional expertise
Serve as a resource to others and support cross-functional collaboration

Qualification

Actuarial analysisStatistical programmingDatabase toolsHealthcare actuarial experienceACA pricing knowledgeAnalytical skillsCommunication skillsDecision-makingProblem-solvingCollaboration

Required

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
Proficiency in actuarial analysis and modeling techniques
Strong statistical and analytical skills
Ability to interpret complex data and communicate findings effectively
Skilled in using statistical programming and database tools
Capable of working independently and managing multiple priorities
Effective decision-making and problem-solving abilities
Strong collaboration and communication skills

Preferred

Experience in healthcare or insurance actuarial work
Advanced proficiency in statistical programming and database tools
Knowledge of ACA Individual or Small Group pricing

Benefits

Competitive medical
Dental
Vision
PTO
Holidays
Paid volunteer time off
401K contributions
Caregiver services
Many other benefits to support our employees

Company

Medica

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Medica is a company that provides health coverage to meet customers needs for health plan.
dateFounded in 1975
location
Minnetonka, Minnesota, USA
people-size1001-5000 employees
web-link
https://www.medica.com

Funding

Current Stage
Late Stage

Leadership Team

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John Naylor
President and CEO
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Jeni Alm
Vice President, Provider Partnerships and Solutions
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Recent News

Insurance News in the United States
Medica agreed to acquire selected contracts from UCare
2025-12-13
Star Tribune
Opinion | UCare’s collapse isn’t a surprise
2025-11-24
Morningstar.com
Medica and UCare Announce Agreement That Will Preserve Health Coverage in Minnesota
2025-11-18
Company data provided by crunchbase