Actuary - Health Valuation (Insurance)

TL;DR

Actuary - Health Valuation (Insurance): Leading complex valuation work and shaping actuarial methodology for Long-Term Care and Supplemental Health products with an accent on statutory, GAAP, and tax reporting. Focus on developing complex actuarial models, strengthening governance frameworks, and translating technical results into strategic business insights.

Location: Springfield, Massachusetts or Boston, Massachusetts

Salary: $144,800–$190,000

Company

A purpose-driven insurance organization dedicated to helping millions of people secure their financial future through long-term stewardship.

What you will do

• Lead the design, enhancement, and governance of valuation methodologies for Long-Term Care Combo and Supplemental Health products.
• Own and optimize complex actuarial models, focusing on development, validation, and scalability.
• Interpret financial results and emerging experience for actuarial and non-actuarial stakeholders.
• Partner with pricing, finance, risk, and product teams to support assumption governance and new product development.
• Modernize internal processes and strengthen controls to improve efficiency and insight generation.
• Act as a subject matter expert on regulatory changes and key valuation initiatives.

Requirements

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field.
• ASA designation.
• 5+ years of actuarial experience in valuation or financial reporting.
• 3+ years of experience with actuarial modeling software (e.g., AXIS) and data tools (SQL, Python preferred).
• 3+ years of experience with product specifications, valuation regulations, and modeling assumptions.

Nice to have

• FSA designation.
• Expertise in Long-Term Care Combo or Supplemental Health products.
• Experience in model governance and data management within a production valuation environment.
• Proven track record of modernizing actuarial infrastructure and processes.

Culture & Benefits

• Collaborative environment that values long-term impact over short-term outcomes.
• Clear areas of ownership and accountability directly connected to customer outcomes.
• Access to internal networks and development programs for continuous growth.
• Employee-led communities fostering connection, learning, and inclusion.
• Culture grounded in integrity, responsibility, and professional stewardship.