Actuarial Analyst

Role Snapshot

The Actuarial Analyst will work in a team setting and apply 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

Remote work in approved states:
Colorado, Florida, Georgia, Illinois, Indiana, Iowa, Michigan, Minnesota, Missouri, Nebraska, New Jersey, North Carolina, Ohio, South Carolina, Texas, Virginia, Wisconsin.

New employees living within 45 miles of WPS Headquarters (1717 W. Broadway in Madison, WI) will be expected to work hybrid 2 days a week on a regular basis. Onsite work will be tailored for team cohesion, strategy, planning and collaboration.

• Can assist in actuarial research, experience studies, and statistical analyses and calculations.
• Have built and maintained models for pricing, forecasting, and risk assessment.
• Thrive when analyzing financial, statistical, and mathematical data and perform actuarial calculations.
• Can provide support to senior analysts or actuaries.
• Like to get things done, completing procedural tasks accurately, identifying and resolving issues that arise.
• Enjoy retrieving and validating data for rate filings and actuarial models; assist in building rate studies, pricing tools, model enhancements and financial reports.
• Can perform peer reviews, identify, and communicate errors and risks.
• Want to assist in preparation and coordination of all rate filings necessary for Commissioner of Insurance.
• Would like to 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 towards 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, including reserving, pricing products, underwriting support, network management, sales and marketing, or finance.

• High‑speed cable or fiber internet.
• Minimum of 10 Mbps downstream and at least 1 Mbps upstream internet connection (can be checked at ).
• Please 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:

WPS is a health‑solutions company and a leading not‑for‑profit health insurer and federal government contractor headquartered in Madison, Wisconsin. We offer health insurance plans for individuals, families, seniors and group health plans for small to large businesses. We process claims and provide customer support for Medicare beneficiaries 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.

WPS’ culture celebrates open and empowering employee experiences. We recognize the benefits of employee engagement as an investment in our workforce—both current and future—to effectively seek, leverage, and include differing and unique perspectives that fuel agility and innovation on high‑performing teams. This results in people bringing their authentic selves to work every day in an organization that successfully adapts to business changes and new opportunities.