Actuarial Analyst III

Actuarial Analyst III

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. 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 an accommodation is granted as required by law.

• Pricing Strategies:
  Assist in the development and refinement of pricing strategies to maintain competitive and profitable products in Individual & Small Group ACA markets.
• Rating Models & Guidance:
  Build and maintain rating models; provide analytical insights and guidance to ensure accurate pricing for existing products and potential new market entries.
• Special Pricing Projects:
  Collaborate on special projects to support Individual ACA growth strategies and market expansions.
• Regulatory Support:
  Work with internal teams and state/federal regulatory agencies (e.g., CMS) to prepare rate filings and address policy updates, ensuring ongoing compliance.
• Assists in training of actuarial trainees, analysts and specialists.

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.

• Demonstrated proficiency in Microsoft Excel, including developing Pivot Tables, performing lookup functions (VLOOKUP, XLOOKUP, INDEX/MATCH), and utilizing formulas to support data analysis and reporting strongly preferred.
• Intermediate SQL and/or SAS query experience strongly preferred.
• Proficiency with Microsoft Excel Power Query preferred.
• Strong working knowledge of Excel VBA preferred.
• Health insurance industry experience preferred.

For candidates working in person or virtually in the below locations, the salary
* range for this specific position is $94,560 to $170,208.

Location(s):
California;
Colorado;
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).

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 may contact elevancehealthj for assistance with accommodations.

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.

Prospective employees required to be screened under Florida law should review the education and awareness resources at HB531 | Florida Agency for Health Care Administration.