Actuarial Business Analyst III
Job Description:
Actuarial Business Analyst III
Location: This position could primarily be remote, but proximity to an Elevance Health major office (pulse point) is a plus. Elevance Health supports a hybrid workplace model with pulse point sites used for collaboration, community, and connection.
The Actuarial Business Analyst III is responsible for providing support to Medicaid Finance by serving as an expert in data analysis, forecasting, and reporting recommendations and providing guidance to other analysts.
How You Will Make an Impact:
Primary duties may include, but are not limited to:
- Supports Medicaid medical and topline forecasting models and related tools and reporting.
- Creates and maintains reports to track historical results and forecast results to communicate to our business partners as well as to inform management decisions.
- Analyzes complex data and presents in a format to aid in forecasting and reporting on forecast results.
- Measures and evaluates risks, models and forecasts future implications, consistent with established analytical methods and standards.
- Coordinates/directs special actuarial projects.
- Assists in training of actuarial trainees, analysts and specialists.
Minimum Requirements:
Requires a BA/BS in Mathematics, Statistics or related field and a minimum of 5 years related experience in an actuarial environment performing financial reporting, rate development, evaluation of risk contingencies and trend projections; or any combination of education and experience, which would provide an equivalent background.
Preferred Skills, Capabilities and Experiences:
- Experience with relational databases and knowledge of query tools
- Experience with Microsoft SQL Server
- High proficiency in Excel
- Strong analytical skills
- Communicates effectively and has exceptional written and verbal communication skills
For candidates working in person or remotely in the below locations, the salary* range for this specific position is $84,800 to $152,640
Locations: California; Colorado; Nevada; Washington State; Jersey City, NJ; New York City, NY; Ithaca, NY and Westchester County, NY
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:
1st Shift (United States of America)
Job Family:
ACT > Business Analysis
Be part of an Extraordinary Team
Elevance Health is a health company dedicated to improving lives and communities - and making healthcare simpler. A Fortune 20 company with a longstanding history in the healthcare industry, we are looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve. You will thrive in a complex and collaborative environment where you take action and ownership to solve problems and lead change. Do you want to be part of a larger purpose and an evolving, high-performance culture that empowers you to make an impact?
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.
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 - and Elevance Health approves - a valid religious or medical explanation as to why you are not able to get vaccinated that Elevance Health is able to reasonably accommodate. Elevance Health will also follow all relevant federal, state and local laws.
Elevance Health has been named as a Fortune Great Place To Work in 2022, has been ranked for five years running as one of the 2023 World's Most Admired Companies by Fortune magazine, and is a growing Top 20 Fortune 500 Company. To learn more about our company and apply, please visit us at careers.ElevanceHealth.com. 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 ability@icareerhelp.com for assistance.
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.
The health of our associates and communities is a top priority for Elevance Health. We require all new candidates to become vaccinated against COVID-19. If you are not vaccinated, your offer will be rescinded unless you provide - and Elevance Health approves - a valid religious or medical explanation as to why you are not able to get vaccinated that Elevance Health is able to reasonably accommodate. Elevance Health will also follow all relevant federal, state and local laws.
Elevance Health has been named as a Fortune Great Place To Work in 2021, is ranked as one of the 2021 World's Most Admired Companies among health insurers by Fortune magazine, and a Top 20 Fortune 500 Companies on Diversity and Inclusion. To learn more about our company and apply, please visit us at careers.ElevanceHealth.com. 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 ability@icareerhelp.com for assistance.
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.