Assistant Actuary II - Pricing
- 📁
- Actuarial
- 📅
- Sep 11, 2025 Post Date
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- 250595 Requisition #
Bring your drive for excellence, teamwork, and customer commitment to Independence. Join us as we renew and reimagine the future of health care. Together, we will achieve our mission to enhance the health and well-being of the people and communities we serve.
We are seeking a dedicated Actuary to join our Actuarial Services team, focusing on Pricing. This role involves the development and maintenance of product pricing, financial projections, and rate adequacy to support competitive and sustainable growth. The successful candidate will play a key role in ensuring our products are financially sound, market competitive, and aligned with organizational strategy.
Key Responsibilities:
• Develop and maintain product pricing models to ensure rate adequacy and alignment with market competitiveness.
• Forecast healthcare costs and utilization trends to inform product development and financial planning.
• Collaborate with Underwriting, Finance, and Product teams to support pricing strategies and assumptions.
• Prepare and review regulatory rate filings, ensuring compliance with applicable laws and standards.
• Provide actuarial support for product design, network changes, and benefit strategy.
• Analyze experience studies and emerging trends to refine rating methodologies.
• Communicate pricing strategies and financial impacts to internal and external stakeholders.
• Contribute to the refinement of actuarial processes, tools, and models to improve efficiency and accuracy.
Qualifications:
• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or related field.
• Fellow or Associate of the Society of Actuaries (SOA), or working toward designation.
• Demonstrated experience in health insurance pricing, underwriting, or related actuarial work.
• Strong understanding of rating methodologies, regulatory requirements, and healthcare cost drivers.
• Proficiency in actuarial software and tools (e.g., SAS, SQL, R, Excel) for pricing and forecasting.
• Excellent analytical, problem-solving, and communication skills, with the ability to explain complex actuarial concepts to non-technical audiences.
Independence has implemented a “Hybrid” model which consists of Associates working in the office 3 days a week (Tuesday, Wednesday & Thursday) and remotely 2 days a week (Monday & Friday). This role is designated as a role that fits into the “Hybrid” model. While associates may work remotely on our designated remote days, the work must be performed in the Tri-State Area of Delaware, New Jersey, or Pennsylvania
IBX is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to their age, race, color, religion, sex, national origin, sexual orientation, protected veteran status, or disability.
Must have an Android or iOS device that is compatible with the free Microsoft Authenticator app.
Inclusion and Belonging
At IBX, everyone can feel valued, supported, and comfortable to be themselves, and all associates have a fair opportunity to achieve their full potential. We put these principles into action every day by acting with integrity and respect. Celebrating and embracing diverse thoughts and perspectives that make up our workforce means our company is more vibrant, innovative, and better able to support the people and communities we serve.
About Our Company
Serving nearly 10 million people in 25 states and the District of Columbia, including 2.5 million in southeastern Pennsylvania, Independence Health Group is the leading health insurance company in the Philadelphia region, and we’re expanding across the country. Our mission to build healthier lives for you, your family, and your employees shapes our actions and decisions every day.
At Independence, we see each of our members as an individual, with unique needs and concerns. We’re dedicated to harnessing the very latest ideas and technologies to deliver access to care that meets those needs and surpasses your expectations. For more information about Independence access our website at www.ibx.com. We’re revolutionizing health care, and our focus is on you!
Equal Employment Opportunity
IBX is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to their age, race, color, religion, sex, national origin, sexual orientation, protected veteran status, or disability.
Agency Disclaimer
All resumes submitted directly to an Independence Blue Cross employee from a vendor via email, the Internet or in any other form without a valid written search agreement in place for this position from the Independence Blue Cross Family of Companies Human Resources Department will be deemed the sole property of Independence Blue Cross and the Independence Blue Cross Family of Companies. Please note that no fee will be paid in the event the candidate is hired by Independence Blue Cross or the Independence Blue Cross Family of Companies as a result of the referral or through means other than our established process.