Actuarial Analyst

Location

This role requires associates to be in‑office 1–2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work‑life balance. Alternate locations may be considered if candidates reside within a commuting distance from an office. Per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law.

The Actuarial Analyst I is responsible for assisting in the determination of rates, analyzing, developing, and validating statistical data.

• Under limited supervision, applies the appropriate actuarial analytical tools to the data and performs preliminary actuarial and statistical analysis.
• Updates actuarial pricing, valuation and forecasting models as directed.
• Refines and collects appropriate data for actuarial analysis and ensures its reasonableness and accuracy by coordination within the division.

Requires a BA/BS degree and to have passed a minimum of one Society of Actuaries (SOA) or Casualty Actuarial Society (CAS) actuarial exam; or any combination of education and experience, which would provide an equivalent background.

• 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.

For candidates working in person or virtually in the below locations, the salary range for this specific position is $66,240 to $114,264. Locations:
California, Illinois, Virginia.

In addition to your salary, Elevance Health offers a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401(k) contribution (subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the Company. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws.

Applicants are required to be vaccinated against COVID‑19 and Influenza for certain patient/member‑facing roles. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation.

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.

Applicants who require accommodation to participate in the job application process may contact elevancehealthj for assistance.

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.