Actuarial Analyst III (US)

Elevance Health • Smithfield, RI, United States • $200k - $250k / year • 1w ago

Elevance Health Actuarial Analyst III (US)

Location: Elevance Health operates in a Hybrid Workforce Strategy, providing various levels of flexibility while also ensuring that associates have opportunities to connect in-person. Unless in a designated virtual-eligible role and specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process.

The Actuarial Analyst III completes very diverse and complicated projects and performs very complex actuarial studies.

How You Will Make an Impact

Primary duties may include, but are not limited to:

Completes Actuarial Experience Reports that includes, but not limited to data collection, Category of Service logic, leveraging IBNR models, and reconciling to the general ledger.
Provides additional support for Audits by explaining models, data and providing supporting detail.
Obtains, verifies, analyzes and models data including risk reporting and forecasting.
Calculates monthly claims liability reserves, develops merit rating factors and prepares Department of Insurance annual statement exhibits.

Minimum Requirements:

Requires a BA/BS and to have passed a minimum of four Society of Actuaries (SOA) actuarial exams and a minimum of 3 years related experience; or any combination of education and experience, which would provide an equivalent background.

For candidates working in person or remotely in the below location(s), the salary* range for this specific position is $92,400.00 to $158,400.00.

Locations: California; Colorado; District of Columbia (Washington, DC), Maryland, Nevada; New York; Washington State.

In addition to your salary, Elevance Health offers benefits such as a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements).

Elevance Health is a health company dedicated to improving lives and communities – and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.

Elevance Health is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws.

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