Sana

Principal Actuary

Sana

full-time

Posted on:

Location Type: Remote

Location: Remote • 🇺🇸 United States

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Salary

💰 $140,000 - $190,000 per year

Job Level

Lead

Tech Stack

PythonSQL

About the role

  • Own and evolve key components of Sana’s pricing, reserving, underwriting, and rate manual, ensuring accuracy, scalability, and consistency as the business grows
  • Design, build, and maintain actuarial models and tools to analyze pricing, loss ratios, reserves, and performance trends across small-group products
  • Partner closely with Product, Data, and Engineering to ensure pricing applications, data pipelines, and analytics tools support Sana’s actuarial and underwriting needs
  • Develop, document, and update pricing assumptions and actuarial factors, clearly communicating impacts and tradeoffs to cross-functional stakeholders
  • Support new business and renewal quoting, applying sound actuarial judgment to complex pricing, underwriting, and reserving processes and decisions
  • Contribute meaningfully to plan design, rating methodologies, and underwriting rules, balancing competitiveness, risk, and unit economics
  • Support reinsurance strategy and execution, including monitoring performance and collaborating with brokers and partners.
  • Deliver regular and ad hoc analyses and reporting on underwriting performance, loss ratios, and emerging risks for internal leaders and external partners
  • Provide actuarial input on regulatory filings and compliance-related analyses as needed.
  • Drive continuous improvement in predictive modeling, analytics, and actuarial processes, helping Sana take disciplined risks and improve underwriting performance
  • Serve as a trusted actuarial partner across Revenue, Finance, Care Team, Operations, and Product on strategic initiatives and ambiguous problems
  • Mentor and support other actuarial team members through technical guidance, review, and knowledge sharing

Requirements

  • 5-7+ years of actuarial experience with meaningful exposure to small-group, level-funded, and/or medical stop loss insurance
  • Credentialed actuary (ASA or FSA) or actively pursuing fellowship, with strong actuarial judgment and ownership mindset
  • Experience in insurance pricing, including building and maintaining rate manuals, pricing tools, etc.
  • Highly analytical and comfortable working directly with data to identify trends, assess risk, and inform decisions
  • Proficient in SQL, Excel, and modern analytics tools, and experienced with at least one data science or modeling language (e.g., Python, R, SAS)
  • Understand the actuarial and reporting needs of external partners (e.g., reinsurers, carriers, brokers, regulators) and can produce clear, credible analyses from complex data
  • Work effectively across functions and can translate actuarial concepts for non-actuarial stakeholders in Revenue, Finance, Product, Legal, and Operations
  • Bring a builder’s mindset -- you are comfortable improving existing tools while designing new processes and frameworks from the ground up
  • Comfortable operating in a fast-moving, ambiguous startup environment, where priorities evolve and roles are not rigidly defined
  • Communicate clearly and thoughtfully, whether collaborating asynchronously, writing documentation, or working through complex problems live
  • Care deeply about Sana’s mission and are motivated by the opportunity to make healthcare work better for people and employers
  • Show humility, curiosity, and follow-through, earning trust through strong judgment, accountability, and collaboration
Benefits
  • Remote company with a fully distributed team – no return-to-office mandates
  • Flexible vacation policy (and a culture of using it)
  • Medical, dental, and vision insurance with 100% company-paid employee coverage
  • 401(k), FSA, and HSA plans
  • Paid parental leave
  • Short and long-term disability, as well as life insurance
  • Competitive stock options are offered to all employees
  • Transparent compensation & formal career development programs
  • Paid one-month sabbatical after 5 years
  • Stipends for setting up your home office and an ongoing learning budget
  • Direct positive impact on members’ lives – wait until you see the positive feedback members share every day

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
actuarial modelinginsurance pricingdata analysispredictive modelingSQLExcelPythonRSASrate manuals
Soft skills
analytical skillscommunicationcollaborationproblem-solvingmentoringownership mindsetadaptabilitycuriosityhumilitytrust-building
Certifications
ASAFSA