Actuarial Analyst I

Actuarial Analyst I

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.

The Actuarial Analyst I is responsible for assisting in the determination of rates. Analyzes, develops and validates statistical data. The Analyst will support the Medicaid Pricing lead in developing rate impacts and assisting with projections among other actuarial analyses.

How You Will Make an Impact

Primary duties may include, but are not limited to:

• 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.

Minimum Requirements:

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.

For candidates working in person or virtually in the below locations, the salary* range for this specific position is $66,240 to $114,264.

Locations: California, 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.

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.