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Elevance Health

Elevance Health

Actuarial Analyst III

Actuarial Analyst III

Job Details
""
Uploaded On
May 4, 2024
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Location
Indianapolis, United States
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Remote?
No
Company Overview
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Headquarters
Indianapolis, IN
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Number of Employees
Estimated Number of Actuaries
348
Salary
$
88
k-$
158
k
Glassdoor Ratings
""
Recommend to a Friend
69%
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Overall Score
3.7 / 5

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Anticipated End Date:
2024-05-20

Position Title:
Actuarial Analyst III

Job Description:

Actuarial Analyst III

Location: Indianapolis, IN; Denver, CO; Atlanta, GA; St. Louis, MO preferred but open to any Pulse Point location.

Must be within a 50-mile radius of an open access Pulse Point location.

This position will take part in Elevance Health's hybrid workforce strategy which includes virtual work and 1-2 days in office per week. Specific requirements and expectations for time on site will be discussed as part of the hiring process.

The Actuarial Analyst III completes very diverse and complicated projects and performs very complex actuarial studies.

How You Will Make an Impact

Primary duties may include, but are not limited to:
  • Use analytical tools to perform sophisticated analysis to set unpaid claim reserves for Medicaid business.
  • Assist in the determination and explanation of drivers of results and financial impacts to leadership & business partners.
  • Improve analytical reporting to provide additional insights and increase efficiency.
  • Support the completion of regulatory reporting.
  • Provide support/coordination for special actuarial projects.
  • Assists in training of actuarial trainees, analysts and specialists
  • 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 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.

Preferred Skills, Capabilities and Experiences:
  • Excellent communication skills.
  • Experience working with data warehouses and knowledge of SQL.
  • Valuation experience.


For candidates working in person or remotely in the below locations, the salary* range for this specific position is $88,000.00 to $158,400.00

Locations: California; Colorado; Hawaii; Nevada; New York; Washington State; Jersey City, NJ

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 considered to be 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 unless and until paid and may be modified at the Company's sole discretion, consistent with the law.

Job Level:
Non-Management Exempt

Workshift:

Job Family:
ACT > Actuarial

Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.

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.

We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.

Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process. Candidates must reside within 50 miles or 1-hour commute each way of a relevant Elevance Health location.

The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws.

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 who require accommodation to participate in the job application process may contact elevancehealthjobssupport@elevancehealth.com for assistance.
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Working at 

Elevance Health

Elevance Health is a pioneering healthcare analytics company at the forefront of transforming the industry. With a strong focus on leveraging advanced data analytics and artificial intelligence, Elevance Health provides actionable insights that optimize patient outcomes and drive cost-effective healthcare decisions. Actuaries at Elevance Health play a pivotal role in developing sophisticated predictive models, analyzing complex healthcare data, and identifying trends to support evidence-based decision-making. They utilize their expertise in statistical analysis and risk assessment to provide valuable insights that drive healthcare innovation and improve patient care. Joining Elevance Health's actuarial team means being part of a dynamic and rewarding work environment. Actuaries collaborate closely with a multidisciplinary team of healthcare professionals and data scientists, contributing their unique skill set to shape the future of healthcare. Elevance Health is committed to fostering professional growth and offers actuaries ample opportunities for career advancement. The company provides ongoing training and support, allowing actuaries to stay at the cutting edge of the industry and make a meaningful impact on transforming healthcare. Embark on a fulfilling career at Elevance Health, where you can apply your actuarial skills, make a difference in healthcare outcomes, and enjoy competitive benefits in a supportive and innovative work environment.

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