Actuarial Analyst

WellBe Senior Medical is a physician-led, risk-bearing healthcare organization delivering high-quality in-home care to frail, elderly Medicare Advantage patients. As an Actuarial Analyst, you will support the growth of our actuarial function by evaluating, modeling, and valuing new business opportunities, providing insights that directly influence strategic expansion and value-based contracting. This role offers significant technical development and long-term growth opportunities for professionals passionate about healthcare actuarial analysis.

Essential Duties and Responsibilities

• Support new business valuation, including:
• Extracting, cleaning, and validating large-scale medical claims, eligibility, and revenue datasets using SQL & Python
• Performing experience analyses (utilization, cost trends, risk adjustment, revenue adequacy)
• Developing financial projection models to forecast contract-level performance under varying scenarios
• Assist in monthly financial reporting and presentations for leadership decision-making
• Develop and maintain IBNR models for accurate financial reporting
• Support underwriting and clinical intervention analyses, using statistical modeling and machine learning to project future revenue improvements

Required Qualifications

Education:

Bachelor’s Degree in Actuarial Science, Mathematics, Statistics, or related field

Experience:

Passed at least 2 actuarial exams and pursuing actuarial credentials

Minimum 1 actuarial internship or 1 year of actuarial experience; 1–3 years preferred

Skills:

Analytical and detail-oriented

Collaborative and team-oriented

Strong interest in mastering complex actuarial concepts

Persistent, disciplined, and able to communicate clearly

Proficiency or willingness to learn Excel, SQL, and Python

Certifications/Licenses:

None beyond actuarial exams

Physical and Mental Requirements

Ability to lift up to 20 lbs.

Ability to stand/sit for extended periods

Visual acuity and fine motor skills

Travel locally or nationally up to 10%

Work Environment

In-person at Chicago office, with remote work options for eligible employees

May require travel to patient locations as needed

Sponsorship Statement
WellBe does not offer employment-based visa sponsorship for this position. Applicants must be legally authorized to work in the United States without the need for employer sponsorship now or in the future.

Pay Transparency Statement
Compensation for this position will be disclosed in accordance with applicable state and local pay transparency laws.

Drug Screening Requirement

As a condition of employment, WellBe Senior Medical requires all candidates to successfully complete a pre-employment drug screening. Ongoing employment may also be contingent upon compliance with the company’s Drug-Free Workplace Policy, which includes random, post-accident, and reasonable suspicion drug testing. The company reserves the right to test for substances that may impair an employee’s ability to safely and effectively perform their job duties.

Background Check Statement
Employment is contingent upon successful completion of a background check, as permitted by law. As a healthcare organization, WellBe conducts monthly FACIS (Fraud and Abuse Control Information System) checks on all employees. Continued employment is contingent upon satisfactory results of these checks, in accordance with applicable laws and regulations.

Equal Employment Opportunity (EEO) Statement
WellBe is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other legally protected status.

Americans with Disabilities Act
WellBe Senior Medical is committed to complying with the Americans with Disabilities Act (ADA) and applicable state and local laws. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions of the job. If you require an accommodation during the application, interview or employment process, please contact Human Resources at HRPeopleLine@wellbe.com

At-Will Employment Statement
Employment with WellBe is at-will unless otherwise specified by contract. This job description does not constitute an employment contract.

Disclaimer
This job description is intended to describe the general nature and level of work performed. It is not intended to be an exhaustive list of all responsibilities, duties, and skills required. Management reserves the right to modify, add, or remove duties as necessary.