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Elevance Health

Elevance Health

Associate Actuary (US)

Associate Actuary (US)

Job Details
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Uploaded On
June 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
$
103
k-$
178
k
Glassdoor Ratings
""
Recommend to a Friend
69%
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Overall Score
3.7 / 5
[ Position Title:
Associate Actuary (US)

Job Description:

The Associate Actuary completes the most diverse and complicated projects and performs highly complex actuarial studies.

How you will make an impact:
  • Performs key actuarial functions including new product pricing, evaluation of the impact of new legislation, flexible benefit consulting, and special projects.
  • Designs and completes special projects such as developing and maintaining experience-rating formulae and creating and/or reviewing alternative settlement formulate and risk sharing models.
  • Responsible for recommendations on pricing, marketing, product design, claims, premium and enrollment administration of business unit.
  • Responsible for valuation support for business unit by interpreting financial results, variances from forecast to help identify product and segment behavior to assist in the risk management of the business unit.


Requirements:

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).

Assets and preferred qualifications:

Relational database experience (SQL)

Claims Analytics experience.

For candidates working in person or remotely in the below locations, the salary* range for this specific position is $102,960 to $177,606

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 > 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.

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.

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. ]
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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.