Actuary, Pricing
HumanaSalary not specified
Not SpecifiedCompensation
Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Healthcare, InsuranceIndustries
Requirements
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field
- Completion of 4+ actuarial exams and progress toward ASA credential
- 5+ years of actuarial experience, with exposure to underwritten health insurance products
- Experience working with or alongside data scientists on predictive modeling initiatives
- Strong analytical and problem-solving skills
- Proficiency in Excel and comfort with tools like SQL, R, Python, or similar
Responsibilities
- Support development and enhancement of pricing models, with a focus on underwritten business
- Partner with data science to incorporate predictive models into actuarial pricing tools and workflows
- Analyze emerging experience and market dynamics to inform pricing decisions
- Assist in the design and testing of rating methodologies for new and existing products
- Help ensure pricing accuracy, consistency, and regulatory compliance as needed
- Communicate actuarial concepts clearly to both technical and non-technical audiences
- Support internal stakeholders (underwriting, product, finance, sales) with data-driven insights
- Champion the building of scalable pricing tools, documentation, and processes
Skills
Key technologies and capabilities for this role
Questions & Answers
Common questions about this position
What is the salary range for the Actuary, Pricing position?
The salary range for this position is $111,000 - $185,000 annually.
Is this a remote position or does it require office work?
This information is not specified in the job description.
What are the key required skills and qualifications for this role?
Candidates need a bachelor’s degree in Actuarial Science, Mathematics, Statistics, or related field, completion of 4+ actuarial exams with progress toward ASA, 5+ years of actuarial experience in underwritten health insurance, experience with data scientists on predictive modeling, strong analytical skills, and proficiency in Excel, SQL, R, or Python.
What is the company culture like at Gravie?
Gravie encourages employees to be their authentic self, values a diverse group of unique people, offers meaningful mission-driven work focused on transforming health insurance, and provides opportunities for career growth.
What makes a strong candidate for this Actuary, Pricing role?
A strong candidate has ASA or is progressing toward it, experience in underwritten health insurance like small group or level-funded products, exposure to reinsurance or stop-loss pricing, and prior work in a high-growth setting.
Gravie
Health benefits and insurance solutions provider
About Gravie
Gravie provides health benefits by offering straightforward and affordable health plans, primarily targeting individuals and small to midsize businesses. Their main product, Comfort, stands out because it has no deductible and no copays for most common healthcare services, allowing members to access care without unexpected costs. Additionally, Comfort includes virtual care options for musculoskeletal and mental health issues. Gravie also offers a payment solution called Gravie Pay, which enables members to pay for healthcare expenses interest-free, further easing financial stress. Unlike traditional health plans, Gravie claims that Comfort members save on out-of-pocket costs, and employers switching to Gravie often see lower premium expenses. The company has a high retention rate, indicating that many employees choose to continue with the Comfort plan in subsequent years. Gravie's goal is to simplify health benefits and reduce the financial burden of healthcare for its members.
Minneapolis, MinnesotaHeadquarters
2013Year Founded
$333.3MTotal Funding
DEBTCompany Stage
Fintech, HealthcareIndustries
201-500Employees
