Actuary

• Ensures that the appropriate modeling is being done and that the team continues to develop technically. Develops and drives the strategy for the most appropriate tools, technology and resources for the team to use.
• Complies with, monitors their staff for compliance with, and ensures that their areas have appropriate monitoring in place for all applicable compliance requirements and Actuarial Standards of Practice.
• Communicates effectively across the company and with external parties. Ensures that the appropriate information is making its way to all levels of the organization. Has ability to recommend a course of action based on 360 view of the business and develop compelling written and oral presentations that clearly drive the delivery of information for high-level decision making.
• Determines strategies to develop and improve key relationships in the areas and with external areas. Determines all areas where key relationships should exist.
• Understands actuarial concepts, multiple actuarial areas and at least one business segment all at expert level.
• Directs the work of a team of actuaries and possibly non-actuaries. Manages long term projects and work streams. Sets the strategy for success in the area.
• Manages and develops a team of Managers and potentially some analysts. Supports, guides and prepares managers for difficult conversations with staff.
• Drives and demonstrates a continuous improvement culture in the department.

Director – Actuary

• Support the identification, assessment, and management of model risk across the organization
• Ensure that models and assumptions used for pricing, reserving, capital, and risk management are appropriately governed, documented, challenged, approved, monitored, and reviewed
• Maintain and administer the company’s model governance and assumption governance frameworks in alignment with regulatory requirements and industry best practices
• Identify, assess, monitor and report on model risk within the company’s enterprise risk management framework
• Perform independent validations of actuarial and financial models
• Lead the annual review of model risk rating classifications
• Collaborate with actuarial, finance, underwriting, and risk teams to embed model risk awareness

Model Risk Actuary

• Lead actuarial analyses related to pricing, forecasting, financial performance, and strategic planning across multiple lines of business.
• Lead cross-functional collaboration with internal and external partners to develop and continuously improve actuarial models, ensuring alignment with strategic objectives and accountability for model performance.
• Own the development, maintenance, and enhancement of actuarial models for unpaid claims liability, financial and enrollment projections, and trend analysis; ensure accuracy and effectiveness through ongoing monitoring and improvement.
• Translate complex actuarial findings into actionable business insights to support budgeting, planning, and strategy.
• Conduct ad-hoc analyses related to benefit design, regulatory changes, and market dynamics.
• Interpret and communicate forecast variances and underlying drivers to senior leadership, providing strategic insights and recommendations to inform decision-making and guide financial planning.
• Monitor industry trends, regulatory developments, and emerging risks across relevant markets.
• Independently prepare and report key actuarial outputs, including statewide annual rate filings and related communications, with minimal guidance and high accountability.
• Mentor junior actuarial staff and contribute to knowledge sharing across the actuarial team.

• Research and develop new methods for insurance rating and loss reserving
• Prepare and coordinate analyses of rate and statistical filings for submission to regulatory and insurance agencies
• Serve as project leader for relatively complex projects and studies
• Perform GLM and other statistical techniques to enhance rating algorithms
• Provide filing support, product performance monitoring, and business insights
• Update and maintain loss cost modeling data sets

Actuarial Analyst IV, Pricing Design

• Lead quarterly and annual reserve analyses for multiple P&C lines of business.
• Evaluate reserve adequacy and analyze loss development trends.
• Prepare reserve recommendations and support statutory and management reporting.
• Collaborate with external actuaries on reserve studies, actuarial reviews, and reporting requirements.
• Partner with Claims, Underwriting, and Finance teams to identify emerging trends and assess business impacts.
• Maintain and enhance reserving models, methodologies, and supporting documentation.
• Train and mentor Financial Analysts on actuarial reserving techniques and best practices.
• Support audits, regulatory reviews, and actuarial reporting requirements.
• Identify opportunities for process improvement and automation within the reserving function.

Manager – Actuarial Reserving

• Leading a team in building, improving, and maintaining pricing models for direct casualty lines of business.
• Working independently with minimal supervision and collaborating with Underwriting and IT departments.
• Ensuring models are functioning as intended with seamless data capture and compliance with actuarial practices.
• Building reports and dashboards to provide insights to Management and other Departments to achieve company goals.

Actuary Manager

• Provide senior financial leadership for PBS 3.0
• Own the PBS 3.0 financial strategy and value case
• Establish and enforce economic guardrails
• Own pricing, monetization, and economics analysis
• Partner with Pricing, Underwriting, and FP&A on funding type-level analysis
• Translate complex financial analyses into clear executive-level narratives
• Support executive governance forums and risk escalation

Senior Director, Actuarial – Financial Strategy & Economics

• Lead complex actuarial and analytical initiatives, defining scope, work plans, and execution strategies.
• Advise leadership on analytical strategy, risk assessment, and project priorities.
• Oversee and take accountability for technical work produced by project teams.
• Develop and evaluate pricing, provider reimbursement, and benefit analyses.
• Interpret complex data and trends, translating insights into clear, actionable recommendations for leadership.
• Drive quality through peer review and strong documentation.
• Partner cross-functionally to provide ongoing and ad hoc actuarial support.
• Mentor and develop junior team members.

Senior Actuary

• Conduct analysis, pricing and risk assessment to estimate financial outcomes in support of the enterprise’s highest-priority Value-Based Care (VBC) initiatives
• Apply knowledge of mathematics, probability, statistics, principles of finance and business to calculate financial outcomes
• Support methodology development and refinement of valuation approaches used to measure program efficacy and shared savings
• Extract, clean, and analyze complex claims and clinical datasets to stand up valuation models end-to-end
• Ensure cash reserves and liabilities enable payment of future benefits
• Determines equitable basis for distributing money for insurance benefits
• Participate in merger and acquisition analysis
• Performs other duties as assigned
• Complies with all policies and standards

• Conducts analysis, pricing and risk assessment to estimate financial outcomes.
• Applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in health with a focus on dental plans.
• Develops probability tables based on analysis of statistical data and other pertinent information.
• Gaining exposure to some of the complex tasks within the job function.
• Occasionally assists with modeling, identifies appropriate data sources, conducts analysis

Actuarial Analyst

• Analyze and forecast financial, economic, and other data to provide accurate and timely information for strategic and operational decisions.
• Evaluate industry, economic, financial, and market trends to forecast the organization's short, medium and long-term financial and competitive position.
• Own the input and reasonableness checks for various assumptions as part of a granular Medicare Advantage underwriting margin forecast.
• Collaborate with data suppliers to understand the data, troubleshoot problems, and conduct root cause analysis.
• Support the monthly presentation of results to stakeholders for strategic decision making.
• Make enhancements to the methodology of claims/premium forecasting and eventually include other lines of business in the model.

Actuary jobs in Montana

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Director – Actuary

Model Risk Actuary

Actuary

Actuarial Analyst IV, Pricing Design

Manager – Actuarial Reserving

Actuary Manager

Senior Director, Actuarial – Financial Strategy & Economics

Senior Actuary

Actuary

Actuarial Analyst

Associate Actuary