Actuarial Analyst

Role Snapshot

Our Actuarial Analyst works in a team setting and applies mathematics, probability, statistics, and business principles to support rating/pricing, valuation, healthcare economics, and financial forecasting in a Health Plan/Insurance environment. The analyst assists actuaries and provides actuarial support to various departments, including Network Management, Underwriting, Sales and Marketing, and Finance.

$80,000 ~ $100,000. The base pay offered for this position may vary within the posted range based on your knowledge, skills, and experience.

Remote work is available in the following approved states:
Colorado, Florida, Georgia, Illinois, Indiana, Iowa, Michigan, Minnesota, Missouri, Nebraska, New Jersey, North Carolina, Ohio, South Carolina, Texas, Virginia, Wisconsin. New employees residing within 45 miles of WPS Headquarters (1717 W. Broadway in Madison, WI) are expected to work hybrid two days a week on a regular basis; onsite work is tailored for team cohesion, strategy, planning, and collaboration.

• Assist in actuarial research, experience studies, and statistical analyses and calculations.
• Build and maintain models for pricing, forecasting, and risk assessment.
• Analyze financial, statistical, and mathematical data and perform actuarial calculations.
• Support senior analysts or actuaries in procedural tasks, identifying and resolving issues.
• Retrieve and validate data for rate filings and actuarial models; assist in building rate studies, pricing tools, model enhancements, and financial reports.
• Perform peer reviews, identify, and communicate errors and risks.
• Assist in preparation and coordination of all rate filings required for the Commissioner of Insurance.
• Coordinate with internal and external auditors to support regulatory audits and examinations.

• Bachelor’s degree in actuarial science, statistics, mathematics, or related field.
• At least 2 exams completed toward the Associate of the Society of Actuaries designation.
• 2 or more years of actuarial experience.
• Demonstrated skills in planning, organizing, coordinating, and managing multiple tasks and priority projects in a changing work environment.
• Proficient in Microsoft Excel and actuarial modeling tools and programming languages (e.g., SQL, R, Python).
• Knowledge and practice in reconciling report results.

• 4 or more years of actuarial experience.
• Experience working in a health insurance or health plan environment.
• Diverse actuarial analysis exposure that could include reserving, pricing products, supporting underwriting, network management, sales and marketing, or finance.

• High‑speed cable or fiber internet.
• Minimum 10 Mbps downstream and at least 1 Mbps upstream internet connection.
• Review Remote Worker FAQs for additional information.

• Remote and hybrid work options available.
• Performance bonus and/or merit increase opportunities.
• 401(k) with a 100 % match for the first 3 % of your salary and a 50 % match for the next 2 % of your salary (100 % vested immediately).
• Competitive paid time off.
• Health insurance, dental insurance, and telehealth services start DAY 1.
• Professional and leadership development programs.
• Review additional benefits at

WPS is a health solutions company, a leading not‑for‑profit health insurer and federal government contractor headquartered in Madison, Wisconsin. WPS offers health insurance plans for individuals, families, seniors, and group health plans for small to large businesses. We process claims and provide customer support for beneficiaries of the Medicare program and manage benefits for millions of active‑duty and retired military personnel across the U.S. and abroad.

WPS has been making healthcare easier for the people we serve for nearly 80 years and is proud to be military and veteran ready.