Actuary - Pricing

Hi, we’re Gravie. Our mission is to create health benefits that actually benefit small and midsize businesses and their employees. Our innovative benefit solutions and services are developed and delivered by a diverse group of unique people. We encourage you to be your authentic self - we like you that way.

A Little More About The role:

We’re looking for an Actuary, Pricing to support our growing actuarial pricing team. You’ll play a key role in pricing strategy development, helping to design and refine rating models for Gravie’s innovative insurance products. You’ll collaborate closely with data scientists, underwriters, and other teams to integrate predictive analytics into our actuarial models, a key aspect of our strategic growth plan.  We are looking for someone who has their ASA or is well on their way to completing their ASA credential. 

This is a great opportunity for someone who has experience working in underwritten lines of business, enjoys solving complex problems, and is excited to be part of a company that’s rewriting the rules of healthcare.

You will:

·    Support development and enhancement of pricing models, with a focus on underwritten business.

·    Partner with our data science to incorporate predictive models into actuarial pricing tools and workflows.

·    Analyze emerging experience and market dynamics to inform pricing decisions.

·    Assist in the design and testing of rating methodologies for new and existing products.

·    Help ensure pricing accuracy, consistency, and regulatory compliance as needed.

·    Communicate actuarial concepts clearly to both technical and non-technical audiences.

·    Support internal stakeholders (underwriting, product, finance, sales) with data-driven insights.

·    Champion the building of scalable pricing tools, documentation, and processes.

You bring: 

·    A bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field.

·    Completion of 4+ actuarial exams and progress toward ASA credential.

·    5+ years of health actuarial experience

·    Strong analytical and problem-solving skills.

·    Proficiency in Excel and comfort with tools like SQL, R, Python, or similar

Extra credit: 

·    ASA

·    Prior experience pricing small group, level-funded products, or other underwritten health insurance products.

·    Experience working with or alongside data scientists on predictive modeling initiatives.

·    Exposure to reinsurance, stop-loss pricing, or portfolio analysis.

·    Previous experience working in a high-growth setting.

Gravie: 

In order to create a more equitable and sustainable future for employer-sponsored health insurance, we need talented people doing amazing work. In exchange, we offer a great overall employee experience with opportunities for career growth, meaningful mission-driven work, and an above average total rewards package.

The salary range for this position is $111,000 - $185,000 annually. Numerous factors including, but not limited to, educations, skills, work experience, certifications, etc. will be considered when determining compensation.

Our unique benefits program is the gravy, i.e., the special sauce that sets our compensation package apart. In addition to standard health and wellness benefits, Gravie’s package includes alternative medicine coverage, generous PTO, up to 16 weeks paid parental leave, paid holidays, a 401k program, transportation perks, education reimbursement, and paid paw-ternity leave.  

A Little More About Us:

·    We know healthcare. Our company was founded and is still led by industry veterans who have started and grown several market-leading companies in the space.

·    We have raised money from top tier investors who share the same long-term vision as we do of building an industry defining company that will endure over the long run. We are well capitalized.

·    Our clients love us. Customer satisfaction rates among employees using Gravie health plans consistently rank above 80% – nearly 40 points above the industry average.

·    Our culture is unique. We tend to be non-hierarchical, merit-driven, opinionated but kind people who thrive working in a high-performance, fast-paced environment. People at Gravie care deeply about making a positive impact in the lives of the people we serve. We may not be the right place for everybody, but if you get energized by doing work every day that focuses on putting consumers at the front of the line, we could be a great place for you. It takes unique people and diverse perspectives to deliver our results. We encourage you to be your authentic self – we like you that way.