Actuarial Analyst III

Elevance Health; Atlanta (GA); Hybrid; USD 90,000 - 120,000; Full time

Job summary

Elevance Health, Inc. in Atlanta, GA is seeking an Actuarial Analyst III to tackle diverse and complex actuarial projects, including risk contracts analyses, pricing, filings and settlements. The role requires a BA/BS, four SOA exams, and at least three years of related experience.

It includes training and directing actuarial projects and contributing to management reports for capitation initiatives. You will also support audits by explaining models and data, enhancing actuarial insight across

Qualifications

• Requires BA/BS and four SOA exams with at least 3 years related actuarial experience.
• Equivalent combination of education and experience considered.

Responsibilities

• Analyzes risk contracts, performs experience analyses, pricing, filings and settlements.
• Prepares management reports supporting capitation initiatives.
• Assists in training actuarial trainees and directs special actuarial projects.

Skills

SOA exams passed

Analytical skills

Education

BA/BS in relevant field

Job description

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 III is responsible for completing 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:

• Analyzes and implements risk contracts including conducting experience analyses, pricing, filing and settlement work; and prepares management reports supporting new capitation initiatives.
• Assists in training of actuarial trainees, analysts and specialists. Coordinates/directs special actuarial projects.

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

• 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.