Actuarial Development Program Analyst – Remote Data Entry, Risk Assessment & Modeling – Full‑Time Position at arenaflex – $27/hr Competitive Compensation

Why arenaflex?

arenaflex is a leading name in the health‑care and retail pharmacy landscape, delivering innovative solutions that blend technology, data analytics, and compassionate care. With a heritage that spans decades, arenaflex operates a nationwide network of retail locations, walk‑in clinics, and a robust pharmacy‑benefits management platform. Our mission is to empower individuals to lead healthier lives while providing our partners with data‑driven insights that shape the future of health services. Joining arenaflex means becoming part of a dynamic, purpose‑focused organization where your analytical talents will directly influence the health of millions.

Program Overview – Actuarial Development Program

The Actuarial Development Program is a full‑time, multi‑phase initiative designed to cultivate the next generation of actuarial leaders. Over a structured timeline, participants rotate through core business areas, gaining hands‑on experience in risk assessment, pricing, reserving, predictive modeling, and strategic consulting. The program blends classroom‑style learning with real‑world projects, ensuring you develop both technical expertise and business acumen.

As a Actuarial Development Program Analyst, you will start your journey with remote data‑entry responsibilities that lay the foundation for deeper analytical work. This role is ideal for recent graduates with a passion for numbers, a curiosity about health‑care economics, and a desire to accelerate a career in actuarial science.

Key Responsibilities

Phase 1 – Remote Data Entry & Quality Assurance

• Accurately input large volumes of actuarial data from diverse sources into arenaflex’s proprietary data platforms.
• Perform data validation checks, identify inconsistencies, and collaborate with senior analysts to resolve data quality issues.
• Maintain meticulous documentation of data‑entry procedures to support auditability and regulatory compliance.

Phase 2 – Risk Assessment & Pricing Analysis

• Assist in the evaluation of specific health‑care risk factors, translating raw data into actionable insights for senior actuaries.
• Support the development of pricing models for pharmacy benefit plans, leveraging statistical techniques and industry benchmarks.
• Prepare concise reports and visual dashboards that communicate risk findings to cross‑functional stakeholders.

Phase 3 – Reserving & Financial Modeling

• Analyze claim trends and reserve adequacy, contributing to the calculation of statutory and internal reserves.
• Build and refine predictive models using tools such as SAS, Python, R, or SQL to forecast future claim costs.
• Collaborate with finance and underwriting teams to align actuarial assumptions with broader business strategies.

Phase 4 – Strategic Consulting & Innovation

• Provide analytical support for product development, pricing strategy, and profitability assessments.
• Design and prototype new actuarial tools, leveraging automation and machine‑learning techniques to improve efficiency.
• Present findings and recommendations to senior leadership, influencing decisions that shape arenaflex’s market positioning.

Essential Qualifications

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, or a related quantitative field.
• Demonstrated academic excellence with coursework in probability, statistics, and financial mathematics.
• Strong analytical mindset with the ability to interpret complex data sets and draw meaningful conclusions.
• Excellent written and verbal communication skills; ability to convey technical concepts to non‑technical audiences.
• Willingness to relocate to a designated actuarial hub after the initial remote phase (if required).

Preferred Qualifications & Additional Skills

• Internship or entry‑level experience supporting actuarial functions within a corporate or consulting environment.
• Proficiency in statistical programming languages such as SAS, Python, R, SQL, or VBA.
• Familiarity with data‑visualization tools (e.g., Tableau, Power BI) and the ability to craft clear, impactful dashboards.
• Experience with actuarial exam preparation (e.g., passing at least one actuarial exam) is a plus.
• Ability to thrive in a fast‑paced environment, manage multiple priorities, and meet tight deadlines.
• Demonstrated teamwork, collaboration, and a positive attitude that contributes to a high‑performing culture.

Core Skills & Competencies

• Quantitative Analysis: Mastery of statistical techniques, probability theory, and financial modeling.
• Technical Acumen: Comfortable working with large data sets, data‑cleaning processes, and analytical software.
• Problem‑Solving: Ability to identify root causes, propose innovative solutions, and implement improvements.
• Communication: Clear articulation of findings, both in written reports and oral presentations.
• Adaptability: Quick learner who can adjust to evolving business needs and emerging technologies.
• Ethical Judgment: Commitment to data integrity, confidentiality, and compliance with regulatory standards.

Learning & Development Opportunities

arenaflex invests heavily in the professional growth of its talent. As a participant in the Actuarial Development Program, you will receive:

• Structured mentorship from seasoned actuaries and senior leaders.
• Access to a comprehensive actuarial training curriculum, including exam preparation resources.
• Hands‑on projects that translate theory into practice, accelerating your readiness for actuarial credentials.
• Opportunities to attend industry conferences, webinars, and internal knowledge‑sharing sessions.
• Cross‑functional exposure to finance, underwriting, product management, and data‑science teams.

Work Environment & Culture at arenaflex

arenaflex fosters an inclusive, collaborative, and innovative workplace where every voice matters. Our culture is built on:

• Flexibility: A hybrid work model that allows you to balance remote productivity with on‑site collaboration when needed.
• Diversity & Inclusion: Programs and employee resource groups that celebrate varied perspectives and promote equity.
• Community Impact: Volunteer initiatives and health‑focused outreach that let you give back to the communities we serve.
• Well‑Being: Comprehensive wellness programs, mental‑health resources, and a supportive environment that encourages work‑life harmony.

Compensation, Perks & Benefits

While the base hourly rate for this role is $27 per hour, arenaflex offers a competitive total rewards package that includes:

• Health, dental, and vision insurance options for you and your dependents.
• Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs) to manage out‑of‑pocket expenses.
• Retirement savings plan with company match (401 k) to help you build long‑term financial security.
• Paid Time Off (PTO) that includes vacation, holidays, and sick leave, plus parental leave for new families.
• Employee Assistance Program (EAP) offering confidential counseling and support services.
• Discounts on arenaflex retail pharmacy purchases, prescription savings, and wellness products.
• Tuition reimbursement and exam fee assistance for actuarial certifications.
• Relocation assistance for candidates moving to an actuarial hub, and visa sponsorship for eligible international applicants.

Career Path & Advancement

Successful graduates of the Actuarial Development Program typically progress to roles such as:

• Junior Actuarial Analyst – focusing on pricing and reserving.
• Actuarial Consultant – providing strategic advice to internal business units.
• Risk Management Specialist – shaping enterprise‑wide risk frameworks.
• Senior Actuary – leading product development and profitability analysis.

Continued professional development, coupled with the support of arenaflex’s learning ecosystem, positions you for rapid advancement and the opportunity to become a recognized leader in health‑care actuarial science.

How to Apply

If you are ready to launch a rewarding actuarial career with a forward‑thinking organization, we invite you to submit your application today. Showcase your analytical strengths, your passion for health‑care data, and your eagerness to grow within arenaflex’s vibrant community.

Apply Now – Join arenaflex’s Actuarial Development Program

Closing Statement

arenaflex is committed to building a diverse talent pipeline that reflects the communities we serve. We encourage candidates of all backgrounds to apply. Take the next step toward a fulfilling career where your analytical expertise drives meaningful impact on the health of millions.