Actuarial Analyst II

Elevance Health; Georgia; Hybrid; USD 65,000 - 95,000; Full time

Benefits offered by this job

Merit increases

Paid holidays

Paid Time Off

Incentive bonus programs

401(k) + match

Stock purchase plan

Life insurance

Wellness programs

Financial education resources

Job summary

Elevance Health is seeking an Actuarial Analyst II in Georgia to join a hybrid team. Associates are in‑office 1‑2 days per week with flexibility to support collaboration and work‑life balance.

Alternate locations may be considered for commuting candidates within reach of an office. You will complete projects and perform complex actuarial studies, obtain, verify, analyze and model data for risk reporting and forecasting, and develop monthly claims liability reserves with Department of Insurance

Qualifications

• Requires BA/BS degree and to have passed a minimum of three SOA or CAS actuarial exams and a minimum of 1 year related experience; or any combination of education and experience, which would provide an equivalent background.

Responsibilities

• Completes projects and performs complex actuarial studies.
• Obtains, verifies, analyzes and models data including risk reporting and forecasting.
• Calculates monthly claims liability reserves, develops merit rating factors and prepares Department of Insurance annual statement exhibits.

Skills

Data analysis

Risk modeling

Forecasting

Education

BA/BS degree

SOA/CAS exams (3+ passed)

Job description

Actuarial Analyst II

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 II is responsible for completing projects and performs complex actuarial studies.

How You Will Make an Impact

• Obtains, verifies, analyzes and models data including risk reporting and forecasting.
• Calculates monthly claims liability reserves, develops merit rating factors and prepares Department of Insurance annual statement exhibits.

Minimum Requirements

Requires a BA/BS degree and to have passed a minimum of three Society of Actuaries (SOA) or Casualty Actuarial Society (CAS) actuarial exams and a minimum of 1 year related experience; or any combination of education and experience, which would provide an equivalent background.

Preferred Skills, Capabilities, and Experiences

• Completes Actuarial Experience Reports that includes, but not limited to data collection, Category of Service logic, leveraging IBNR models, and reconciling to the general ledger.
• Provides additional support for Audits by explaining models, data and providing supporting detail.

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.

About Us

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.

Our Culture

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.

Benefits

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.

Work Arrangement

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.

Health & Safety

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 and Influenza. 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.

Equal Opportunity Employer

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 should submit the Accessibility Accommodation Request Form and a member of the team will be in contact.

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.

Prospective employees required to be screened under Florida law should review the education and awareness resources at HB531 | Florida Agency for Health Care Administration.