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Elevance Health

Elevance Health

Associate Actuary

Associate Actuary

Job Details
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Uploaded On
July 29, 2023
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Location
Atlanta, 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
$
93
k-$
185
k
Glassdoor Ratings
""
Recommend to a Friend
69%
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Overall Score
3.7 / 5
[ Position Title:
Associate Actuary

Job Description:

Locations: Costa Mesa, CA; Palo Alto, CA; Walnut Creek, CA; Woodland Hills, CA; Denver, CO; Wallingford, CT; Washington, DC; Wilmington, DE; Miami, FL; Tampa, FL; Atlanta, GA; Midland, GA; West Des Moines, IA; Chicago-Willis Tower, IL; Indianapolis, IN; Louisville, KY; Metairie, LA; Hanover, MD; south Portland, ME; Gilbert, MN; Mendota Heights, MN; St. Louis, MO; Cary, NC; Winston Salem, NC; Lincoln, NE; Manchester, NH; Iselin, NJ; Morristown, NJ; Las Vegas-Maryland, NV; Las Vegas-Russell, NV; Latham, NY; Middletown, NY; New York, NY; Cincinnati, OH; Columbus, OH; Mason, OH; Seven Hills, OH; Smithfield, RI; Nashville, TN; Houston, TX; Grand Prairie, TX; Norfolk, VA; Richmond, VA; Roanoke, VA; Seattle, WA; Waukesha, WI; or Charleston, WV

Elevance Health supports a hybrid workplace model with pulse point sites (major office) used for collaboration, community, and connection. Candidates must reside within 50 miles or 1-hour commute each way of a relevant Elevance Health location listed above.

Assoicates are required to work at an Elevance Health location at least once per week.

The Associate Actuary is responsible for completing the most diverse and complicated projects and performs highly complex actuarial studies.

How You Will Make an Impact

Primary duties may include, but are not limited to:
  • Responsible for actuarial analysis regarding new machine learning tools, including recommendations of integration into the pricing process.
  • Assists in implementation of machine learning tool results into the underwriting process.
  • Designs and completes analysis of machine learning tools after implementation.
  • Performs ad hoc analysis related to the use of machine learning tools in pricing and underwriting across the enterprise.


Minimum Requirements:
  • Requires a BA/BS degree and minimum of 4 years related experience; or any combination of education and experience, which would provide an equivalent background.
  • ASA required from the Society of Actuaries (SOA).


Preferred Skills, Capabilities, and Experiences:
  • Experience doing advanced data analytics preferred.
  • Ability to effectively communicate (both oral and written) to individuals not in the actuarial field.


For candidates working in person or remotely in the below locations, the salary* range for this specific position is $92,664 to $185,328.

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:

Job Family:
ACT > Actuarial
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.

Elevance Health operates in a Hybrid Workforce Strategy, providing various levels of flexibility while also ensuring that associates have opportunities to connect in-person. Unless in a designated virtual-eligible role and 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 - 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. ]
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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.