ZipRecruiter

Log In

1

Senior Actuarial Development Program Jobs in Springfield, PA

Ryan Specialty

Actuarial Director - Pricing

Media, PA · On-site

This role partners closely with underwriting, product development, program management, and ... The Actuarial Director provides strategic actuarial leadership, enhances pricing tools and models ...

AIG

Actuarial Analyst

Philadelphia, PA

They will present proposed rate changes to senior UWs and then work closely with IT to implement ... That is why we created our Total Rewards Program, a comprehensive benefits package that extends ...

Novacore

Chief Actuarial Officer

Conshohocken, PA · On-site

Own NovaLytics, Novacore's actuarial data platform - program-level data marts and automated loss-development and consolidation that replace manual data pulls * Run the program-profitability engine ...

New

previous pagenext page

Showing results 21-40

All JobsActuarial Development Program JobsSenior Actuarial Development Program JobsSenior Actuarial Development Program Jobs in Springfield, PA

Senior Actuarial Development Program information

See Springfield, PA salary details

$60.4K

$113.5K

$166K

How much do senior actuarial development program jobs pay per year?

As of Aug 17, 2026, the average yearly pay for senior actuarial development program in Springfield, PA is $113,452.00, according to ZipRecruiter salary data. Most workers in this role earn between $95,300.00 and $124,500.00 per year, depending on experience, location, and employer.

What is the difference between Senior Actuarial Development Program vs Actuarial Analyst?

AspectSenior Actuarial Development ProgramActuarial Analyst
CredentialsTypically pursuing or holding actuarial exams, sometimes with a degree in mathematics or statisticsUsually pursuing or having completed initial actuarial exams, often with a related degree
Work EnvironmentStructured training program within insurance or consulting firms, rotational or specialized rolesEntry-level or early career role performing data analysis and basic actuarial tasks
Employer & Industry UsageCommon in insurance companies, consulting firms, and large financial institutionsWidely used across insurance, reinsurance, and consulting sectors

The Senior Actuarial Development Program is a structured training pathway for aspiring actuaries, often involving rotations and mentorship, aimed at developing advanced skills. An Actuarial Analyst is an entry-level role focused on data analysis and supporting actuarial projects. Both roles require progressing through actuarial exams, but the program offers a broader developmental experience.

Senior Actuarial Development Program jobs near you

Assistant Actuary I - (Medicare Part D)

Independence Blue Cross

Philadelphia, PA • On-site

Full-time

Re-posted 28 days ago

Independence Blue Cross rating

8.8

Company rating: 8.8 out of 10

Based on 26 frontline employees who took The Breakroom Quiz

57th of 309 rated insurance

Job description

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 senior actuary with deep experience in Medicare Part D pricing to join our Government Markets team. This role will have responsibility for the design, development, and ongoing ownership of Part D pricing models, including member-level projections used for forecasting and strategic decision making. Ideal candidates will have hands-on experience with Medicare Part D bid development or prior pharmacy experience.
Key Responsibilities:
  • Own end-to-end design, development, and maintenance of Part D pricing models to project member-level drug utilization, cost sharing, plan liability, and CMS payments.
  • Translate complex Part D benefit designs, formularies, and CMS rules into robust model logic.
  • Lead reconciliation of seriatim model results to aggregate bid components, financial forecasts, and statutory reporting.
  • Establish modeling standards, validation frameworks, and documentation practices to ensure accuracy and transparency.
  • Provide expert judgment on key pricing assumptions, trends, and emerging risks impacting Part D financial performance.
  • Lead scenario analysis and strategic modeling (e.g., benefit redesigns, formulary changes, trend, risk mix, regulatory changes, customer level pricing) using seriatim projections.
  • Partner closely with finance, pharmacy, underwriting, product, and strategy teams to inform pricing decisions and corporate forecasts.
  • Monitor regulatory developments and CMS guidance, assess financial implications, and recommend pricing or strategy responses.
  • Present complex modeling results and recommendations to actuarial leadership and senior management.

  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field.
  • 6+ years of actuarial experience, with significant focus on Medicare Part D pricing or pharmacy analytics.
  • Associate of the Society of Actuaries (ASA) designation.
  • Demonstrated experience building, owning, and validating complex actuarial models
  • Strong experience working with detailed healthcare claims data.
  • Proficiency in Excel and SQL; experience with R, SAS, or similar tools strongly preferred.
  • Strong communication skills, with the ability to translate technical results into clear business insights

Preferred Experience:
  • Direct ownership of Part D bid pricing models or major bid components.
  • Experience leading or reviewing seriatim or claim-level actuarial models.
  • Demonstrated ability to exercise actuarial judgment in ambiguous or evolving regulatory environments.
  • Experience influencing pricing or strategy decisions through data-driven analysis.
  • Proven ability to manage multiple high-impact priorities in a deadline-driven environment.

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 which is compatible with the free Microsoft Authenticator app.

What Independence Blue Cross employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

Apply