Actuarial Associate - Product Management

Overview

At Physicians Mutual, we’re looking for a talented actuarial professional to join our Product Management team. This is a great opportunity to contribute to meaningful work that supports product pricing, development and long-term business growth.

In this role, you’ll use your analytical and problem-solving skills to ensure our
Medicare Supplement and other Health
products are thoughtfully designed, competitively priced and fully compliant with regulatory requirements. You’ll collaborate closely with cross‑functional teams across actuarial, finance, marketing and product development, helping to deliver insights that drive business decisions and strengthen our portfolio.

• Conduct experience studies and analyze data related to persistency, mortality, morbidity and expenses.
• Support product pricing and development by evaluating assumptions, profitability and regulatory compliance.
• Assist in preparing and maintaining rate filings, actuarial memorandums and related documentation.
• Contribute to re‑rating analyses and renewal rate setting, presenting findings to management.
• Develop and maintain models using tools such as Excel or ALFA software.
• Collaborate with internal teams to deliver accurate, timely information and actionable insights.

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics or a related analytical field
• Associate of the Society of Actuaries (ASA) designation required
• 2+ years of experience or familiarity with individual health insurance products, including Medicare Supplement
• Strong analytical and technical capabilities, including advanced Excel skills and exposure to actuarial modeling or statistical tools
• Ability to translate complex analytical concepts into clear, actionable insights for both technical and non-technical audiences
• Demonstrated commitment to ongoing professional growth and continuing actuarial education
• Strong attention to detail, accuracy and problem-solving skills
• Collaborative, team-oriented mindset with the ability to partner effectively across departments