Senior Actuary

Workforce Classification:

Telecommuter

 

Join Our Team: Do Meaningful Work and Improve People’s Lives 

Our purpose, to improve customers’ lives by making healthcare work better, is far from ordinary. And so are our employees. Working at Premera means you have the opportunity to drive real change by transforming healthcare.

Premera is committed to being a workplace where people feel empowered to grow, innovate, and lead with purpose. By investing in our employees and fostering a culture of collaboration and continuous development, we’re able to better serve our customers. It’s this commitment that has earned us recognition as one of the best companies to work for. Learn more about our recent awards and recognitions as a greatest workplace.

Learn how Premera supports our members, customers and the communities that we serve through our Healthsource blog:  https://healthsource.premera.com/.

As a Senior Actuary at Premera, you will play a critical role in driving complex actuarial and analytical initiatives that directly influence business strategy, product design, and financial performance. In this highly visible role, you will serve as a trusted advisor to leadership, guiding decision-making through advanced analytics, risk assessment, and actuarial expertise while providing oversight to project teams and analytical workstreams.

As part of our actuarial team, you will collaborate across Premera to turn complex data into meaningful insights that shape products, pricing, and care delivery models. Your work will not only guide critical business decisions but also play a key role in improving affordability and access to healthcare for the members and communities we serve.

What You Will Do:

• Lead complex actuarial and analytical initiatives, defining scope, work plans, and execution strategies that support key business priorities
• Advise leadership on analytical strategy, risk assessment, and project priorities, ensuring alignment with enterprise goals
• Oversee and take accountability for technical work produced by project teams, ensuring accuracy, rigor, and quality of outputs
• Develop and evaluate pricing, provider reimbursement, and benefit analyses, including risk pools, stop loss, and cost structures
• Interpret complex data and trends, translating insights into clear, actionable recommendations for leadership
• Drive quality through peer review and strong documentation, ensuring consistency and integrity across actuarial work products
• Partner cross-functionally to provide ongoing and ad hoc actuarial support, influencing decision-making across the organization
• Mentor and develop junior team members while identifying opportunities to improve business processes, mitigate risk, and enhance operational performance

What You Will Bring:

• Bachelor’s degree in Mathematics, Statistics, Actuarial Science, Computer Science, or related field (or equivalent experience) and ASA or FSA designation (Required)
• 8+ years of actuarial or analytics experience, including 5+ years in healthcare insurance (Required)

Additional Preferred Skills/ Experiences Include:

• Deep understanding of health insurance risk, actuarial methodologies, and complex data analysis

• Proven ability to lead complex projects and influence cross-functional stakeholders, including guiding analytical workstreams
• Strong communication and leadership skills, with the ability to translate complex insights into clear business recommendations and mentor/develop team members
• Experiencing driving the vision and execution of enterprise-wide AI initiatives

Premera total rewards

Our comprehensive total rewards package provides support, resources, and opportunities to help employees thrive and grow. Our total rewards are more than a collection of perks, they're a reflection of our commitment to your health and well-being. We offer a broad array of rewards including physical, financial, emotional, and community benefits, including:

• Medical, vision, and dental coverage with low employee premiums.

• Voluntary benefit offerings, including pet insurance for paw parents.

• Life and disability insurance.

• Retirement programs, including a 401K employer match and, believe it or not, a pension plan that is vested after 3 years of service.

• Wellness incentives with a wide range of mental well-being resources for you and your dependents, including counseling services, stress management programs, and mindfulness programs, just to name a few.

• Generous paid time off to reenergize.

• Looking for continuing education? We have tuition assistance for both undergraduate and graduate degrees.

• Employee recognition program to celebrate anniversaries, team accomplishments, and more.

For our hybrid employees, our on-campus model provides flexibility to create your own routine with access to on-site resources, networking opportunities, and team engagement.

• Commuter perks make your trip to work less impactful on the environment and your wallet.

• Free convenient on-site parking.

• Subsidized on-campus cafes make lunchtime connections with colleagues fun and affordable.

• Participate in engaging on-site activities such as health and wellness events, coffee connects, disaster preparedness fairs and more.

• Our complementary fitness & well-being center offers both in-person and virtual workouts and nutritional counseling.

• Need a brain break? Challenge someone to a game of shuffleboard or ping pong while on campus.

Equal employment opportunity/affirmative action:

Premera is an equal opportunity/affirmative action employer. Premera seeks to attract and retain the most qualified individuals without regard to race, color, religion, sex, national origin, age, disability, marital status, veteran status, gender or gender identity, sexual orientation, genetic information or any other protected characteristic under applicable law.

If you need an accommodation to apply online for positions at Premera, please contact Premera Human Resources via email at careers@premera.com or via phone at 425-918-4785.

Premera is hiring in the following states, with some limitations based on role or city: Alaska, Arizona, Arkansas, California, Colorado, Florida, Georgia, Idaho, Iowa, Kansas, Kentucky, Maine, Michigan, Minnesota, Missouri, Montana, Nevada, New Hampshire, New Mexico, North Carolina, Oklahoma, Oregon, South Carolina, South Dakota, Tennessee, Texas, Utah, Washington, Wisconsin.

The pay for this role will vary based on a range of factors including, but not limited to, a candidate’s geographic location, market conditions, and specific skills and experience.

The salary range for this role is posted below; we generally target up to and around the midpoint of the range.

National Salary Range:

$131,900.00 - $237,400.00

National Plus Salary Range:

$150,300.00 - $270,500.00

*National Plus salary range is used in higher cost of labor markets including Western Washington and Alaska.

We’re happy to discuss compensation further during the interview because we believe that open communication leads to better outcomes for all. We’re committed to creating an environment where all employees are celebrated for their unique skills and contributions.