Actuarial Analyst

Company Overview Founded in 1934, Medical Mutual is one of the largest health insurance companies in Ohio and provides health, life, disability, dental, vision, and indemnity plans to more than 1.2 million members. Job Summary Under direct supervision from a qualified health actuary, the analyst performs basic actuarial analyses, assists in preparing internal management information and financial reports, and contributes to the design of new and revised reports. The analyst extracts, compiles, prepares, and analyzes data, communicates results, and supports research and enhancement of actuarial processes that impact financial results. Responsibilities Actuarial Analyst I Prepares routine to moderately complex internal management information and actuarial/financial reports and/or external filings, following established procedures. Assists in the revision and/or design of internal reports and/or external filings as required and assists in preparing related automation requests as necessary. Assists in responding to questions regarding internal reports and/or external filings. Assists in conducting actuarial analysis for rate‑making purposes on existing and new products, using the concepts of trend, development, credibility, and present value, as appropriate. Assists in conducting actuarial analysis for the determination of adequate reserve levels. Makes efficient use of automation tools to improve the timeliness, accuracy, and content of reports, or to support actuarial research and experience. Assures that written job procedures are maintained on all reports where responsibility exists and recommends improvements in procedures to save time, improve accuracy or improve the usefulness of the information. Monitors results of assigned area of responsibility, noting unexpected results. Performs other duties as assigned. Actuarial Analyst II Prepares routine to moderately complex internal management information and actuarial/financial reports and/or external filings, following established procedures. Assists in the revision and/or design of internal reports and/or external filings as required and assists in preparing related automation requests as necessary. Assists in responding to questions regarding internal reports and/or external filings. Assists in conducting actuarial analysis for rate‑making purposes on existing and new products, using the concepts of trend, development, credibility, and present value, as appropriate. Assists in conducting actuarial analysis for the determination of adequate reserve levels. Makes efficient use of automation tools to improve the timeliness, accuracy, and content of reports, or to support actuarial research and experience. Performs other duties as assigned. Actuarial Analyst III Prepares routine to moderately complex internal management information and actuarial/financial reports and/or external filings, following established procedures. Assists in the revision and/or design of internal reports and/or external filings as required and assists in preparing related automation requests as necessary. Responds to questions regarding internal reports and/or external filings. Conducts actuarial analysis for rate‑making purposes on existing and new products, using the concepts of trend, development, credibility, and present value, as appropriate. Conducts actuarial analysis for the determination of adequate reserve levels. Makes efficient use of automation tools to improve the timeliness, accuracy, and content of reports, or to support actuarial research and experience. Performs other duties as assigned. Qualifications Actuarial Analyst I Bachelor's Degree in mathematics, actuarial science, statistics, or related field; Master's Degree a plus. 0‑1 year of experience as an Actuarial Analyst or equivalent experience/training. Has passed 1 or more Society of Actuaries exams. Demonstrated effective and diplomatic oral and written communication skills. Basic SQL and VBA skills preferred; SAS and other programming languages a plus. Microsoft Excel and Word. Knowledge of fundamental actuarial principles. Strong math and statistics skills. Actuarial Analyst II Bachelor's Degree in mathematics, actuarial science, statistics, or related field; Master's Degree a plus. A minimum of 1 year of experience in health actuarial work. Has passed 3 or more Society of Actuaries exams. Basic SQL and VBA skills preferred; SAS and other programming languages a plus. Microsoft Excel and Word. Knowledge of fundamental actuarial principles. Strong math and statistics skills. Actuarial Analyst III Bachelor's Degree in mathematics, actuarial science, statistics, or related field; Master's Degree a plus. 3 years experience in health actuarial work required; 4 years preferred. Minimum of 1 year of experience in health actuarial work. Has passed 4 or more Society of Actuaries exams. Basic SQL and VBA skills preferred; SAS and other programming languages a plus. Microsoft Excel and Word. Knowledge of fundamental actuarial principles. Strong math and statistics skills. Benefits A Great Place to Work We will provide the equipment you need for this role, including a laptop, monitors, keyboard, mouse and headset. Employees have access to on‑site fitness centers or a gym membership reimbursement when no Medical Mutual facility is available. Enjoy weights, cardio machines, locker rooms, classes and more. On‑site cafeteria, serving hot breakfast and lunch, at the Brooklyn, OH headquarters. Discounts at many places in and around town, just for being a Medical Mutual team member. The opportunity to earn cash rewards for shopping with our customers. Business casual attire, including jeans. Excellent Benefits and Compensation Employee bonus program. 401(k) with company match up to 4% and an additional company contribution. Health Savings Account with a company matching contribution. Excellent medical, dental, vision, life and disability insurance. Access to an Employee Assistance Program, including professional counseling, coaching, self‑help resources and assistance with work/life benefits. Company holidays and up to 16 PTO days during the first year of employment with options to carry over unused PTO time. After 120 days of service, parental leave for eligible employees who become parents through maternity, paternity or adoption. An Investment in You Career development programs and classes. Mentoring and coaching to help you advance in your career. Tuition reimbursement up to $5,250 per year, the IRS maximum. Diverse, inclusive and welcoming culture with Business Resource Groups. Equal Opportunity Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities. This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor. #J-18808-Ljbffr MedMutual Protect