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.

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.

• 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.

• 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.

• 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.

• 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.

• Bachelor's Degree in mathematics, actuarial science,…