Actuarial Analyst

Actuarial Analyst

Actuarial Analyst

Locations: Woodland Hills, CA; Denver, CO; Wallingford, CT; Tampa, FL; Atlanta, GA; Chicago, IL; Indianapolis, IN; Louisville, KY; St. Louis, MO; Mason, OH; Norfolk, VA; Richmond, VA; Waukesha, WI

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 accommodation is granted as required by law.

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

How you will make an impact:

• 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.
• Prepares analyses and communicates findings and recommendations to actuarial colleagues, business partners, and leadership.

Minimum Qualifications:

• 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.

Preferred Skills, Capabilities and Experiences:

• Strong academic achievement and demonstrated success in academic, extracurricular, internship, professional, or community experiences.
• Strong analytical, problem-solving, written and verbal communication, and interpersonal skills.
• Demonstrated teamwork and leadership abilities and an interest in contributing to the healthcare industry.
• Strong Microsoft Office skills, particularly Excel and PowerPoint.
• Experience with one or more analytical or programming tools such as R, Python, SAS, SQL, or VBA.
• Interest or experience using AI-enabled tools for analysis, automation, or productivity.
• Progress toward actuarial credentials beyond the minimum requirement. Candidates who have passed multiple actuarial exams and/or have prior relevant actuarial internship experience are especially encouraged to apply.

For candidates working in person or virtually in the below locations, the salary* range for this specific position is $66,240 to $99,360

Location(s): California, Colorado, Illinois, 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, consistent with the law.