At Physicians Mutual, we are dedicated to protecting the financial security of our policyowners while ensuring strong regulatory compliance and long-term financial strength. 

We are looking to add a Re-Rating Analyst to our team to support the analysis, validation, and implementation of rate changes for our Medicare Supplement product. In this role, you will play an important part in evaluating product experience, supporting corrective rate actions, and ensuring filings are accurate, compliant, and aligned with company objectives.

Why This Role Matters

This position directly impacts the financial strength of our Company and the value we provide to our policyowners. Your work ensures that our products remain compliant, competitive, and sustainable in a highly regulated environment.

• Review and validate actuarial memorandums, exhibits, supplements, and certifications required for rate and refund filings.
• Interpret and apply state insurance laws and regulations.
• Prepare compliant rate increase (re-rating) submissions through SERFF (System for Electronic Rate and Form Filings).
• Present and negotiate the Company’s position with State Insurance Departments.
• Track and document state approval activity and maintain detailed regulatory records.
• Implement approved rate changes in internal rate management systems and ensure alignment across reporting platforms.
• Prepare annual and ad hoc reports for regulatory agencies like State Insurance Departments.
• Collaborate closely with actuarial, compliance, and operational teams to ensure timely, accurate implementation of rate actions.

• Bachelor’s degree or equivalent professional experience.
• 4–6 years of experience in health or Medicare Supplement insurance, actuarial support, regulatory filings, or rate analysis.
• Experience analyzing and documenting rate filings preferred.
• Strong proficiency in Excel, Word, and PDF editing; Bonus if you have experience in SERFF Filing System
• Solid understanding of premium and claims data.
• Working knowledge of actuarial concepts and inflationary health products.
• Ability to interpret regulatory requirements and apply them accurately.
• Strong written and verbal communication skills, including confidence in regulatory discussions.
• Excellent organizational skills with the ability to manage overlapping state deadlines.
• Demonstrates ability to work well in a team environment.
• Self-motivated and comfortable working with minimal supervision.

Health. Life. Retirement. The Physicians Mutual family empowers people from all walks of life to enjoy the financial security they deserve. That’s what Insurance for all of us® is about.

The Physicians Mutual family includes Physicians Mutual Insurance Company, Physicians Life Insurance Company and Physicians Select Insurance Company. Physicians Mutual offers reliable dental and supplemental health insurance, and pet insurance. Physicians Life provides important life insurance, Medicare Supplement insurance and coverage for funeral pre-planning. Physicians Select Insurance Company additionally offers exclusive Medicare Supplement insurance.

Since our start in 1902, our dedication to delivering on our promise has helped make us one of the nation’s leading health and life insurance providers. In fact, we are rated in the top 1% of insurance companies. We consistently maintain some of the highest financial strength ratings in the nation from independent insurance analysts, including A.M. Best Company and Weiss Ratings, ensuring we’ll be there for our policyowners and our employees far into the future.

But the achievement we’re most proud of? We have a 95% customer satisfaction rating — a true sign of a company dedicated to embodying its vision.