Actuary

• Support quarterly and ad-hoc Insurance Risk reporting and analysis, including preparation, validation, and communication of results and insights to key stakeholders
• Modify, maintain, operate, and document actuarial models based in spreadsheets or other analytical software
• Prepare related reports summarizing and communicating Insurance Risk model results
• Assist in evaluating impacts of model change requests
• Develop expertise in market sensitivities, Statutory and GAAP accounting, and actuarial modeling techniques
• Participate in actuarial projects within a well-defined scope and responsibility
• Perform analysis on specific actuarial topics
• Describe actuarial concepts to other business areas
• Test results of project implementations
• Communicate status and impediments to completing tasks
• Support operation and validation of business controls and model governance requirements
• Perform basic logical validation on inputs and outputs
• Collect evidence to validate process effectiveness

Actuarial Analyst

• Conduct strategic analysis, pricing, and peer review
• Build and support tools for planning processes and risk assessment
• Manage actuarial needs and produce actuarial reports supporting corporate strategy
• Contribute to Medicare strategic initiatives and planning
• Own and build tools and processes supporting internal users
• Review and certify Medicare Advantage bids when eligible for American Academy of Actuaries membership
• Calculate financial outcomes using mathematics, probability, statistics, finance, and business principles
• Develop probability tables and regressions from statistical data
• Research and analyze the impact of legislative changes
• Analyze and evaluate required premium rates
• Assess cash reserves and liabilities for future benefit payments
• Analyze data reports, identify trends and gaps, and recommend action
• Determine equitable bases for distributing insurance benefit funds
• Create and update actuarial reports
• Participate in merger and acquisition analysis
• Perform other assigned duties and comply with policies and standards

Actuary jobs in Minnesota

Actuarial Analyst

Associate Actuary