{"21545290":{"jobPath":"/jobs/21545290/actuarial-intern-fully-remote","source":"naylor","job":"21545290","jobTitle":"Actuarial Intern (Fully Remote)"},"22034848":{"jobPath":"/jobs/22034848/actuary","source":"naylor","job":"22034848","jobTitle":"Actuary"},"21992335":{"jobPath":"/jobs/21992335/senior-actuarial-analyst-capital-modeling","source":"naylor","job":"21992335","jobTitle":"Senior Actuarial Analyst, Capital Modeling"},"22022274":{"jobPath":"/jobs/22022274/actuarial-analyst-pricing","source":"naylor","job":"22022274","jobTitle":"Actuarial Analyst (Pricing)"},"21949813":{"jobPath":"/jobs/21949813/analyst-business-analysis","source":"naylor","job":"21949813","jobTitle":"Analyst, Business Analysis"}}
Loading... Please wait.
ExpandShow Other Jobs
Job SavedSave Job
Actuary
Workers Compensation Reinsurance Association (WCRA)
Application
Details
Posted: 09-Feb-26
Location: St. Paul, Minnesota
Type: Full Time
Salary: $120,000- $180,000
Categories:
Property/casualty
Salary Details:
Compensation & Benefits
· Actuarial Exam Support
· Hybrid Work Model - Enjoy the flexibility of hybrid work, with a balance of in-office collaboration and remote work.
· WCRA provides a wide range of benefits to employees including health care, retirement savings plans, paid time off, and more
· Salary range: $120,000 - $180,000. The pay range for this position is annually based on a full-time schedule. Actual compensation will be determined using factors such as experience, skills, training, certifications & education.
Applicants must be authorized to work in the U.S. for ANY employer without the need for employment visa sponsorship.
The WCRA is an equal opportunity employer and will consider all applications without regards to race, color, religion, sex, national origin, age, disability, genetic information or any characteristic protected by law.
WCRA is not accepting unsolicited assistance from search firms for this employment opportunity. All resumes submitted by search firms to any employee at WCRA via-email, the Internet or in any form and/or method without a valid written Statement of Work in place for this position from WCRA will be deemed the sole property of WCRA. No fee will be paid in the event the candidate is hired by WCRA as a result of the referral or through other means.
Required Education:
4 Year Degree
Additional Information:
Hybrid/Remote is allowed.
The Workers Compensation Reinsurance Association (WCRA) is the exclusive reinsurance provider dedicated to serving all insurers and self-insurers in the Minnesota workers’ compensation system. We are a non-profit association committed to ensuring the availability of long-term reinsurance protection for serious Minnesota workers’ compensation claims. Our staff of innovative professionals is dedicated to achieving the highest standard of excellence through stable and reasonable rates, expert claims administration, financial stability, and informational services.
The WCRA is looking for an Actuary to join our team based in downtown Saint Paul, Minnesota. This is a hybrid position that works in the office Tuesday through Thursday.
Reporting to the VP of Actuarial & Claims, the Actuary will lead a variety of actuarial activities including reserving, pricing, special projects, reporting, and data analysis. If you love variety in actuarial work, developing others and want to work at a mission-driven organization, this would be a great fit for you.
Responsibilities
· Lead the semi-annual Reserving and Pricing processes
· Manage the work and development of an Actuarial Analyst
· Develop and maintain procedures for regular updates of economic and other assumptions used in rate and reserve analyses
· Maintain up-to-date knowledge of the Minnesota workers’ compensation benefit structure and any other laws that would affect WCRA pricing and reserves
· Maintain up-to-date knowledge of MWCIA and NCCI pricing practices and procedures
· Assess the impact of changing assumptions or methods in the reserving and pricing models
· Present results of studies to the WCRA Actuarial Committee
· Lead special projects including impact analysis of changing benefits, capital adequacy, sensitivity analysis, and severe injury study
Recommended Qualifications
· A bachelor’s degree in Actuarial Science, Mathematics, Statistics or a related field
· Attained Casualty Actuarial Society credentials (ACAS or FCAS)
· 5+ years of property and casualty actuarial work experience
· A successful track record in managing people and projects
· Curiosity in the story behind the numbers and how that story impacts the broader business
· Dedication to continuous learning and improving work product
· Strong attention to detail and a proven ability to produce high-quality, error-free work
· Strong communication and presentation skills
· Ability to establish and build effective relationships within and outside the organization
· Experience in programming languages such as Python and SQL
· Experience in data visualization tools like Power BI, Tableau, or similar
About Workers Compensation Reinsurance Association (WCRA)
What is the WCRA?
The Workers’ Compensation Reinsurance Association was established by Minnesota statute in 1979 to respond to a need for reliable, low-cost reinsurance protection for serious workers’ compensation claims in order to add stability to the Minnesota Workers’ Compensation system. The Association’s membership consists of companies, groups, and governmental subdivisions authorized to insure their own Minnesota workers’ compensation exposure (self-insurers) and insurance companies authorized to write workers’ compensation insurance (insurers). All of these Minnesota self-insurers and insurers are required by law to be WCRA members.
