Actuarial Analyst III

Actuarial Analyst III

Elevance Health

Base pay range: $86,640.00/yr - $/yr

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. Optional alternate locations may be considered if candidates reside within a reasonable commuting distance from an office.

Locations: California;
Colorado;
Columbus, OH;
Illinois;
Maryland;
Massachusetts;
Minnesota;
New Jersey;
New York

How you will make an impact:

• Benefit Ownership:
  Manage assigned pricing models and benefits, ensuring data accuracy, methodology consistency, and timely bid filing readiness.
• Contract Interpretation:
  Review vendor and benefit contracts, translating terms into accurate pricing assumptions and model inputs.
• Data Validation & Issue Resolution:
  Validate data sources, troubleshoot discrepancies, and resolve issues quickly to maintain model integrity.
• Experience Analysis:
  Conduct experience studies to support pricing decisions and assumption development.
• Audit support:
  Assist with CMS bid desk reviews and audits by preparing documentation and explanations of pricing methodologies.
• Leadership &
  
  Collaboration:
  
  Lead special projects, develop process improvements, and provide guidance and training to junior analysts.

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 that provides an equivalent background.

Preferred Skills, Capabilities, and Experiences:

• Intermediate Excel experience preferred.
• Intermediate SQL query experience preferred.
• Strong organization and project management experience preferred.

Benefits: A comprehensive benefits package, incentive and recognition programs, equity stock purchase, 401(k) contribution, and other benefits subject to eligibility requirements.

Equal Employment Opportunity: 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, and local laws.

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