Experienced Actuarial Development Program Analyst – Healthcare Industry rotational program with Competitive Compensation and Career Growth Opportunities

• --

About arenaflex

Welcome to arenaflex, a leading healthcare organization committed to transforming the way people experience care across America. As one of the nation's most innovative healthcare companies, we operate a vast network of retail pharmacies, healthcare clinics, and provide comprehensive healthcare services that touch millions of lives every day. Our mission is simple: to help people on their path to better health.

At arenaflex, we believe that the future of healthcare lies in the hands of talented professionals who are passionate about making a difference. We are proud to be an industry leader, combining cutting-edge technology with compassionate care to create meaningful outcomes for our patients, members, and communities. Our organization spans across retail pharmacy, pharmacy benefit management, specialty pharmacy, and health insurance services, making us one of the most diversified and influential healthcare companies in the United States.

Our Actuarial division plays a critical role in driving strategic decision-making across the entire organization. We are currently seeking ambitious, analytical, and driven individuals to join our prestigious Actuarial Development Program – a comprehensive initiative designed to cultivate the next generation of actuarial leaders within the healthcare industry.

About the Actuarial Development Program

The Actuarial Development Program at arenaflex is a dynamic, long-term program specifically designed to accelerate your career in the actuarial field. This immersive program provides participants with challenging work environments that foster rapid professional growth while preparing you to become a future leader in the financial and risk management aspects of healthcare.

What sets our program apart is the holistic approach to development. We don't just help you build actuarial skills – we accelerate your overall professional growth. You'll gain balanced exposure to multiple business areas, develop a deep understanding of the healthcare industry, and receive the support you need to pass actuarial examinations and become a credentialed actuary. Our program combines hands-on work experience with mentorship from industry experts, giving you the tools and knowledge needed to thrive in this competitive field.

As an Actuarial Development Program Analyst, you will have the unique opportunity to rotate through four key business areas, each designed to provide you with comprehensive exposure to the actuarial function within a large healthcare organization. This rotational structure ensures you develop a well-rounded skill set and a broad understanding of how actuarial work impacts business outcomes across the enterprise.

What You'll Experience

Throughout the program, you will immerse yourself in strategic business areas and gain exposure to the following key responsibilities:

• Risk Assessment: Understand the concept of specific risks and present analysis results to senior management. You'll learn how to evaluate potential risks facing the organization and communicate your findings effectively to stakeholders.


• Rate Filing: Organize and analyze filing data, then prepare and submit essential presentations for regulatory filings. This critical function ensures compliance with state and federal regulations while maintaining competitive positioning in the market.


• Reserve Analysis: Analyze claim data and monitor reserve levels for adequacy, demonstrating a comprehensive understanding of actuarial reserving methods and issues. You'll develop expertise in financial forecasting and risk mitigation.


• Planning and Forecasting: Provide technical support and analysis for planning, estimating, and reporting processes. You'll contribute to strategic initiatives that shape the future of our business.


• Pricing, Trend, and Benefit Design: Develop and recommend pricing and trend projections for products and/or benefits. This is a high-impact area where your analytical skills will directly influence business strategy.


• Technical Capability: Develop innovative technical solutions for various business challenges. You'll demonstrate proficiency with spreadsheets and gain knowledge of database and online applications. Create and execute appropriate tools and models, and develop and document business requirements and specifications for processes, tools, and systems.

Work Environment and Location

We understand that flexibility is important in today's work environment. arenaflex follows a hybrid work model that provides office-based team members with the ability to flex between working in the office and telecommuting based on the work you need to accomplish. This approach balances collaboration and connection with flexibility and work-life integration.

The position is based in Hartford, Connecticut – one of our premier actuarial hubs where you'll have access to experienced mentors, comprehensive training resources, and a collaborative team environment. For candidates who need to relocate more than 50 miles from their current residence, relocation assistance will be provided to ensure a smooth transition to your new role and community.

Visa Sponsorship

We welcome applications from candidates requiring work visa sponsorship. This position is eligible for participation in Curricular Practical Training (CPT), Optional Practical Training (OPT), and F-1 Visa programs. Our dedicated immigration team will guide you through the sponsorship process and ensure you have the support you need every step of the way.

Required Qualifications

To be considered for this program, you must meet the following requirements:

• Educational Requirement: Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, or a related field is required. Academic coursework in calculus, probability, and statistics is strongly preferred.


• Relocation Readiness: Must be willing to relocate to our Hartford, CT actuarial hub to fully participate in the program and benefit from the immersive learning experience.


• Commitment to Learning: Demonstrated willingness to pursue actuarial examinations and achieve professional credentials.

Preferred Qualifications

While not required, the following qualifications will strengthen your application and help you succeed in the program:

• Internship or work experience supporting actuarial functions of an organization or group area – this shows you have practical exposure to the field.


• Demonstrated leadership experience – whether through dynamic roles in student or social organizations, athletic teams, or other leadership opportunities.


• Strong written and verbal communication skills – the ability to translate complex analytical findings into clear, actionable insights is essential.


• Experience with analytical or coding software, including but not limited to SAS, Python, Excel, VBA, SQL, or R – technical proficiency will accelerate your effectiveness in the role.


• Ability to thrive in a fast-paced environment and meet tight deadlines – our team operates at a dynamic pace, and adaptability is key.


• Strong analytical and problem-solving skills – you should enjoy diving into complex data sets and finding meaningful patterns.


• Team player attitude with a positive mindset – we collaborate across departments and support each other's success.


• Adaptability and resilience – the healthcare industry evolves rapidly, and the ability to embrace change is crucial for long-term success.

Skills and Competencies

Success in this role requires a combination of technical expertise and interpersonal skills. We are looking for candidates who possess:

• Analytical Thinking: The ability to collect, organize, and interpret data to inform business decisions.


• Attention to Detail: Precision in calculations and documentation is critical in the actuarial field.


• Communication Skills: Both written and verbal communication skills to effectively present findings to diverse audiences.


• Technical Aptitude: Proficiency with Microsoft Excel is essential; knowledge of programming languages is a significant plus.


• Time Management: The ability to balance multiple projects and priorities while meeting deadlines.


• Collaboration: A team-oriented approach and willingness to contribute to group success.


• Initiative: Self-motivated with a desire to learn and grow professionally.

Career Growth Opportunities

The Actuarial Development Program is more than just a job – it's an investment in your future. Upon successful completion of the program, you will be well-positioned for advancement within arenaflex. Our program has a strong track record of developing leaders who go on to hold senior positions throughout the organization.

Throughout your journey, you'll have access to:

• Mentorship from credentialed actuaries and industry veterans


• Comprehensive training and professional development resources


• Support for actuarial examination preparation, including study time and financial assistance for exam fees


• Networking opportunities with professionals across various business units


• Exposure to different actuarial disciplines, helping you identify your career path


• Regular performance feedback and career coaching

Compensation and Benefits

We recognize that our employees are our most valuable asset, and we are committed to providing a comprehensive compensation package that reflects your skills, experience, and contributions.

Starting Salary: $27 per hour (commensurate with experience and qualifications)

Comprehensive Benefits Package:

• Health Insurance: Medical, dental, and vision coverage for employees and their families, with options for Health Savings Accounts (HSAs) or Flexible Spending Accounts (FSAs) to help manage healthcare costs.


• Prescription Drug Benefits: Full access to our pharmacy benefit management services, making it convenient to fill prescriptions at arenaflex locations.


• Wellness Programs: Participation in wellness initiatives including health assessments, fitness incentives, and smoking cessation support.


• 401(k) Retirement Savings Plan: Company match to help you save for retirement with tax-advantaged contributions.


• Paid Time Off: Generous PTO including vacation days, holidays, and sick leave to support work-life balance.


• Employee Discounts: Exclusive discounts on arenaflex products and services, including prescription medications and over-the-counter items.


• Tuition Assistance: Financial support for continuing education and professional development.


• Employee Assistance Program (EAP): Confidential counseling and support services for personal and work-related challenges.


• Family Leave: Maternity and paternity leave to support employees during important life events.


• Flexible Work Arrangements: Remote work options and flexible scheduling to accommodate diverse needs.

Why Join arenaflex?

At arenaflex, we are dedicated to creating an inclusive, supportive, and innovative work environment where every employee can thrive. When you join our team, you become part of a mission-driven organization that is transforming healthcare for the better. You'll work alongside talented professionals who are passionate about making a difference, and you'll have the opportunity to contribute to meaningful work that impacts millions of people.

We value diversity and believe that different perspectives strengthen our organization. We are committed to fostering a culture of inclusion where all employees feel respected, valued, and empowered to contribute their best work. Your unique background, experiences, and ideas will help us continue to innovate and grow.

Our Actuarial Development Program is your gateway to a rewarding career in the healthcare industry. You'll gain invaluable experience, develop marketable skills, and build a professional network that will serve you throughout your career. If you're ready to take the first step toward becoming a future leader in actuarial science, we encourage you to apply today.

Join Our Team

Are you ready to launch your career with a leader in healthcare? Are you analytical, driven, and eager to make an impact? If so, we invite you to apply for the Actuarial Development Program Analyst position at arenaflex. This is your opportunity to develop your skills, advance your career, and be part of something truly meaningful.

Don't miss this chance to join an organization that invests in its people and is committed to your long-term success. Apply now and take the first step toward a fulfilling career with arenaflex!

Note: The specific benefits and eligibility criteria may vary depending on position, location, and employment status. Prospective employees are encouraged to speak with our recruiting team for the most current information about our benefits offerings.