Entry Level Actuarial Analyst – Actuarial Improvement Program (Remote & Hybrid)

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Launch Your Career in Actuarial Science with arenaflex

Are you a recent graduate with a passion for mathematics, data analysis, and problem-solving? Do you dream of building a rewarding career in the healthcare industry while developing expertise in risk management and financial forecasting? arenaflex is excited to invite you to apply for our prestigious Actuarial Improvement Program—a comprehensive, full-time initiative designed to transform ambitious newcomers into the future leaders of actuarial science.

At arenaflex, we believe that great talent deserves exceptional opportunities. Our Actuarial Improvement Program is more than just a job—it's a structured pathway to a fulfilling career in one of the most critical sectors of the modern economy. Healthcare is evolving rapidly, and the need for skilled professionals who can analyze risk, predict trends, and inform strategic decisions has never been greater. By joining our program, you'll become part of a legacy of innovation and excellence that defines arenaflex.

About the Actuarial Improvement Program

Our Actuarial Improvement Program is a dynamic, long-term development initiative crafted specifically for individuals who are entering the actuarial field. This program provides you with challenging, real-world work environments designed to foster your growth into a future pioneer in the industry. We understand that the journey to becoming a credentialed actuary requires more than just technical knowledge—it demands hands-on experience, mentorship, and unwavering support.

Throughout this program, you will receive comprehensive training and exposure to the multifaceted world of actuarial science within the healthcare sector. You'll work alongside seasoned professionals, contribute to meaningful projects, and gain the practical skills necessary to excel in your career. Most importantly, we provide the support you need to pass your actuarial exams and achieve your professional credentials.

About arenaflex and Our Actuarial Team

arenaflex is a leading force in the American healthcare landscape, operating a nationwide network of retail pharmacies, healthcare clinics, and comprehensive health services. Our mission is to improve the health and well-being of the communities we serve by delivering accessible, high-quality care and innovative solutions. As part of the arenaflex family, our Actuarial association plays a pivotal role in driving strategic decision-making across the organization.

Our Actuarial team is dedicated to supporting business leaders with decisive thinking, organizational insight, and end-to-end accountability for business results. We specialize in managing risk through rigorous analysis, strategic forecasting, and data-driven insights. As an Actuarial Analyst within arenaflex, you will leverage your strong quantitative skills, business acumen, and understanding of human behavior to contribute to critical activities including:

• Risk assessment and evaluation


• Rate development and regulatory filing support


• Reserve analysis and monitoring


• Planning, forecasting, and reporting


• Pricing, trend analysis, and benefit design


• Data analysis and competitive intelligence


• Healthcare trend analysis and business outcome tracking

What You Will Experience: Program Rotations

The Actuarial Improvement Program consists of four immersive rotations, each designed to expose you to a different strategic business area. These rotations will help you develop a well-rounded understanding of how actuarial science powers healthcare decision-making. Here's what you can expect:

Rotation 1: Risk Assessment

Understand the concept of specific risks and present your analysis findings to management. You'll learn how to identify, quantify, and communicate risk in ways that inform strategic decisions across the organization.

Rotation 2: Rate Filing

Organize and analyze filing data, then prepare and submit required exhibits for regulatory filings. This rotation provides hands-on experience with the regulatory landscape and the importance of compliance in the healthcare industry.

Rotation 3: Reserve Analysis

Analyze claim data and monitor reserve levels for viability. You'll develop a deep understanding of actuarial reserving techniques and the critical issues that impact financial stability.

Rotation 4: 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.

Additional Development Opportunities

Beyond the core rotations, you'll also gain experience in:

• Pricing, Trend, and Benefit Design: Develop and recommend pricing and trend strategies for products and benefits that meet market demands while ensuring profitability.


• Technical Capability: Foster innovative technical solutions to complex problems. Demonstrate proficiency with spreadsheets and database applications. Create and execute appropriate tools and models. Develop and define business requirements and specifications for processes, tools, and systems.

Work Environment and Flexibility

arenaflex follows a hybrid work model that provides our team members with the flexibility to work both in our offices and remotely, depending on the nature of the work you need to accomplish. This balanced approach allows you to collaborate with colleagues in person while enjoying the benefits of remote work. For candidates who need to relocate more than 50 miles from their current residence, migration assistance will be provided to ensure a smooth transition to your new role.

Required Qualifications

To be considered for the Actuarial Improvement Program, you must meet the following requirements:

• Meet the educational requirements (see education section below)


• Demonstrate a willingness to relocate to a recognized Actuarial hub


• Possess strong analytical and problem-solving skills


• Show enthusiasm for learning and professional development


• Be authorized to work in the United States or have work visa sponsorship eligibility

Preferred Qualifications

We prefer candidates who bring some additional experience and skills to our team, though these are not strictly required:

• Internship or work experience supporting Actuarial functions of an organization or group area


• Demonstrated leadership experience—such as holding dynamic roles in student or social organizations, sports teams, or community groups


• Strong written and verbal communication skills


• Experience with analytical or coding software, including but not limited to SAS, Python, Excel, VBA, SQL, or R


• Ability to thrive in a fast-paced environment and meet tight deadlines


• Strong analytical and problem-solving abilities


• Ability to collaborate effectively and contribute to a positive team environment


• Adaptability—you're curious and can quickly and easily adjust to change

Education Requirements

Candidates must possess a Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, or a related field. Relevant coursework in probability, statistics, calculus, and finance is highly desirable.

Visa Sponsorship and Career Pathways

Work visa sponsorship is available for this position. arenaflex welcomes participation in Curricular Practical Training (CPT), Optional Practical Training (OPT), and F-1 Visa programs. We are committed to supporting international talent as they build their careers with us.

Why Join arenaflex?

At arenaflex, we recognize that our employees are our greatest asset. That's why we offer a comprehensive benefits package designed to support your health, wealth, and personal growth:

Health and Wellness:

• Comprehensive health insurance plans covering medical, dental, and vision for employees and their families


• Health Savings Accounts (HSAs) or Flexible Spending Accounts (FSAs) to help manage qualified healthcare expenses


• Prescription drug benefits—convenient access to medications through our own pharmacy benefits management services


• Wellness programs including health assessments, fitness incentives, and smoking cessation support


• Employee Assistance Program (EAP) providing confidential counseling and support for personal and work-related challenges

Financial Security:

• 401(k) Retirement Savings Plan with company match to help you build a secure future


• Competitive compensation packages

Work-Life Balance:

• Paid Time Off (PTO) including vacation days, holidays, and sick leave


• Maternity and Paternity Leave to support you during significant life events


• Flexible work arrangements, including remote work options

Professional Growth:

• Career development opportunities through training programs


• Tuition assistance for continued education


• Professional development initiatives to help you advance in your career

Perks and Discounts:

• Employee discounts on arenaflex products and services, including prescription medications, over-the-counter items, and arenaflex-branded goods

Note: Specific benefits and eligibility criteria may vary based on position, location, and employment status. We encourage prospective employees to verify current offerings during the application process.

Career Growth and Development

The Actuarial Improvement Program at arenaflex is designed to accelerate not just your actuarial skills, but your overall professional development. You'll gain balanced experience and the ability to contribute to the dynamic world of healthcare. As you progress through the program and complete your actuarial exams, you'll be positioned for long-term success within our organization.

arenaflex is committed to nurturing leaders who can drive innovation and deliver results. Our program doesn't just help you develop technical expertise—it prepares you to think strategically, lead teams, and make impactful decisions that shape the future of healthcare.

How to Apply

If you're ready to take the first step toward an exciting career in actuarial science, we want to hear from you! arenaflex is looking for motivated individuals who are passionate about data, analytics, and making a difference in the healthcare industry.

Apply now to join our team and become part of a culture that values innovation, collaboration, and your personal growth. This is your opportunity to launch a career with a company that invests in its people and empowers them to achieve their full potential.

We can't wait to welcome you to the arenaflex family!