Actuarial Analyst II
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.
About the Role
The Actuarial Analyst II is responsible for completing projects and performing complex actuarial studies. How You Will Make An Impact
- Pricing Strategies: Assist in the development and refinement of pricing strategies/studies to maintain competitive and profitable products in the Individual and Small Employer Commercial 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 growth strategies
- Regulatory Support: Work with internal teams and state/federal regulatory agencies to prepare rate filings and address policy updates, ensuring ongoing compliance
- Coordinates/directs special actuarial projects
- Obtains, verifies, analyzes and models data including risk reporting and forecasting
Minimum Requirements
Requires a BA/BS degree and to have passed a minimum of three Society of Actuaries (SOA) or Casualty Actuarial Society (CAS) actuarial exams and a minimum of 1 year related experience; or any combination of education and experience, which would provide an equivalent background.
Pay
For candidates working in person or virtually in the below locations, the salary* range for this specific position is $84,744 to $132,894.
Benefits
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).
Who We Are
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.
How We Work
At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business.