• Job Description

  Req#: ACTUA004478

  The Actuarial Associate will work on our Small Group ACA Pricing team, with the main focus being preparing and submitting rate filings. This will also involve preparing and analyzing monitoring reports, developing forecasts, plus reviewing, and updating pricing factors. Additionally, this position will help to evaluate impacts of contracting or benefit changes and analyze recent experience using statistical programming and database tools to look for opportunities and risks within the pricing blocks.

  The Actuarial Associate will work closely with our Commercial segment, partnering in product development as well as evaluating and strengthening our expanding set of ACO provider partnerships across our growing service area.

  Qualifications:

  • Bachelor's degree or equivalent experience in related field
  • 5 years of work experience beyond degree (ex. 9 years of experience without a bachelor’s degree required)
  • Progress along the Actuarial exam pathway is required

  Preferred Qualifications:

  • ASA designation is preferred
  • Healthcare experience is preferred
  • Proficiency in Excel and experience in SAS or SQL is also preferred
  • Strong problem-solving skills and attention to detail
  • Ability to balance several projects and deadlines at once

  This position is a Hub role, which requires an employee to occasionally come onsite to the designated office – Minnetonka MN, Madison WI, Omaha NE – for applicable heads-up work. Frequency is determined by business need as decided by leadership.

  The full salary range for this position is $85,000 - $145,700. Annual salary range placement will depend on a variety of factors including, but not limited to, education, work experience, applicable certifications and/or licensure, the position's scope and responsibility, internal pay equity and external market salary data. Medica offers a generous total rewards package that includes competitive medical, dental, vision, PTO, Holidays, paid volunteer time off, 401K contributions, caregiver services and many other benefits to support our employees.
  The compensation and benefits information is provided as of the date of this posting. Medica’s compensation and benefits are subject to change at any time, with or without notice, subject to applicable law.
  

  Medica's commitment to diversity, equity and inclusion (DEI) includes unifying our workforce through learning and development, recruitment and retention. We consistently communicate the importance of DEI, celebrate achievements, and seek out community partnerships and diverse suppliers that are representative of everyone in our community. We are developing sustainable programs and investing time, talent and resources to ensure that we are living our values. We are an Equal Opportunity/Affirmative Action employer, where all qualified candidates receive consideration for employment indiscriminate of race, religion, ethnicity, national origin, citizenship, gender, gender identity, sexual orientation, age, veteran status, disability, genetic information, or any other protected characteristic.

  Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

  The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)

• About the company

  Offering health insurance plans in IA, MN, KS, MO, NE, ND, OK, SD, and WI. Includes group, individual and family, Medicaid, and Medicare plans.

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