What we have going for us:

• Financially strong, stable company
• Innovative products are a priority
• Team environment
• Opportunity to stand out in a high-profile role
• Large proven track record with growing product line

An ideal candidate, in addition to actuarial skills, will be:

• A good collaborator
• Interested in being the face of pricing and managing risk for the product line
• Energized to work with others throughout the company

This game-changing career will give you the opportunity to lead pricing efforts, manage risk, and develop solutions to improve performance of the largest, and growing, product line at Physicians Mutual. In this role, you will get to initiate, organize, direct and analyze actuarial work. You will develop actuarial assumptions as well as direct, develop and maintain product pricing, profit studies, reserves, rate filings and related procedures. Must be able to compile and evaluate statistical data, and have advanced understanding of actuarial concepts and insurance knowledge and the ability to apply these concepts to the work. 

Requirements:

• Bachelor’s degree in actuarial science or related discipline.
• Completion of FSA is required.
• Ability to apply standard mathematical computations to a variety of assigned work projects
• Strong Excel experience for mathematical modeling, statistical analysis, etc.
• Ability to logically present voluminous data in a concise, understandable format
• Ability to perform several projects while maintaining rigid deadlines
• Ability to prepare basic financial and statistical reports
• Demonstrated strong analytical and problem-solving skills
• Ability to build, maintain, and upgrade financial models utilizing complex actuarial concepts
• Familiarity and/or comfort with coding required

Preferred:

• Medicare Supplement pricing experience
• Experience with running SQL queries.
• Insurance Industry Experience
• ALFA experience.

About us:

Since our start in 1902, Physicians Mutual Insurance Company has held to our founder’s promise — to provide protection to families when they need it most. In 1970, Physicians Life Insurance Company was founded and became a member of the Physicians Mutual family.
Today, we offer health, life and retirement products to millions of people from all walks of life. We’ve been here for them. Listening. Answering questions. Empowering them with the specialized guidance they need to make confident decisions about their insurance.
Over the years, our dedication to delivering on our promise has helped make us one of the nation’s leading health and life insurance providers. In fact, we are rated in the top 1% of insurance companies. We consistently maintain some of the highest financial strength ratings in the nation from independent insurance analysts, including A.M. Best Company and Weiss Ratings, ensuring we’ll be there for our policyowners and our employees far into the future.

But the achievement we’re most proud of? We have a 95% customer approval rating – a true sign of a company dedicated to embodying its vision.