Actuarial Director

Location:

This role requires associates to be in-office 3 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office.

Please note that 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 accommodation is granted as required by law.

The Actuarial Director is responsible for identifying, evaluating and responding to financial risks inherent in the pricing and development of health insurance products.

• Prepares and interprets data, actuarial analyses, and related formulae to develop pricing strategies; leads rate development and filings, and evaluates financial performance for the Individual business, specifically non-Blue states.
• Monitors trends in profit and profitability; develops pricing recommendations and partners with local pricing teams to ensure alignment with segment financial targets.
• Serves on major, multi-function projects as Actuarial representative and may provide actuarial certification or sign-off on rate filings, as appropriate.
• Organizes and directs workflow, providing actuarial leadership for Individual pricing activities.

• Requires a BA/BS degree and minimum of 6 years related experience; or any combination of education and experience, which would provide an equivalent background.
• ASA required from the Society of Actuaries (SOA).

• FSA strongly preferred.

For candidates working in person or virtually in the below locations, the salary
* range for this specific position is $141,600 to $254,880.

Location(s):
Connecticut, Illinois, Massachusetts, New York, Virginia

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).

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.

* The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future and actual compensation may vary from posting based on geographic location, work experience, education, and/or skill level. Even within the range, the actual compensation will vary depending on the above factors as well as market/business considerations.

No amount is wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law.

Job Level: Director Equivalent

Workshift: 1st Shift (United States of America)

Job Family: ACT >
Actuarial

Elevance Health is a health company dedicated to improving lives and communities - and making healthcare simpler. We are a Fortune 25 company with a…