Actuarial Analyst

Join to apply for the Actuarial Analyst role at WPS—A health solutions company
.

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 is open in the following 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, Madison, WI) will be expected to work hybrid 2 days a week on a regular basis.

• 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 performing 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 the 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 toward the Associate of the Society of Actuaries designation.
• 2 or more years 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 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 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 salary and a 50% match for the next 2% (100% vested immediately).
• Competitive paid time off.
• Health insurance, dental insurance, and telehealth services start DAY 1.
• Professional and leadership development programs.
• Additional benefits information:

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

With nearly 80 years of service, WPS is proud to be military and veteran ready.

WPS culture encourages open and empowering employee experience, engagement, and innovation. Employees are recognized for their authentic contributions and the organization embraces diverse perspectives.