Aetna Product Innovation Actuary in Wellesley, Massachusetts

Req ID: 55450BR


Are you an actuary who looks at the insurance industry and sees not just what is, but what could be? Are you looking to change how health insurance works to better serve members and plan sponsors? Then join the Disruptive Innovation team within the Commercial Product organization.

This role is part of a small focused team that brings disruptive new products to market. You will work with the rest of the team to identify, vet, and build new insurance products and program. As the only actuary directly on the product team you will provide actuarial horsepower under the guidance of a commercial actuary.

Fundamental Components:

Directing/developing product development strategy by developing:

o Pricing

o Competitive positioning

o Underwriting guidelines and policy

Responsible for product design, which includes establishing key features, product performance standards, cost benefit, pricing strategy, market opportunity, competitive positioning, rating system integration, and resource assessment /allocation

Provide technical assistance and consultation to project managers

Ensuring effective internal and external communication with all stakeholders regarding product development process

Gathers and analyzes feedback in support of performance analysis for products and continual improvement


Bachelor's degree along with 3 - 5 years related work experience

Ideal candidate will have their ASA (Associate of the Society of Actuaries) or almost at ASA

Prior commercial experience is preferred

Must be a strong problem-solver

Unique opportunity for an Actuary to step outside of a traditional actuarial position


The highest level of education desired for candidates in this position is a Bachelor's degree or equivalent experience.


Actuarial/Associate of the Society of Actuaries is desired otherwise you must be close to getting your designation

Telework Specifications:

Wellesley-based strongly preferred or Hartford, CT. Bethesda MD location second preference. Telework from any other location possible.


Aetna is about more than just doing a job. This is our opportunity to re-shape healthcare for America and across the globe. We are developing solutions to improve the quality and affordability of healthcare. What we do will benefit generations to come.

We care about each other, our customers and our communities. We are inspired to make a difference, and we are committed to integrity and excellence.

Together we will empower people to live healthier lives.

Aetna is an equal opportunity & affirmative action employer. All qualified applicants will receive consideration for employment regardless of personal characteristics or status. We take affirmative action to recruit, select and develop women, people of color, veterans and individuals with disabilities.

We are a company built on excellence. We have a culture that values growth, achievement and diversity and a workplace where your voice can be heard.

Benefit eligibility may vary by position. Click here to review the benefits associated with this position.

Aetna takes our candidates's data privacy seriously. At no time will any Aetna recruiter or employee request any financial or personal information (Social Security Number, Credit card information for direct deposit, etc.) from you via e-mail. Any requests for information will be discussed prior and will be conducted through a secure website provided by the recruiter. Should you be asked for such information, please notify us immediately.

Job Function: Product & Marketing

Aetna is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected Veterans status.