Associate Actuary

Elevance Health (Anthem); Indianapolis (IN); Hybrid; USD 127,000 - 207,000; Full time

Benefits offered by this job

Comprehensive benefits package

Equity stock purchase

401k contribution

Job summary

Elevance Health is seeking an Associate Actuary to support pricing, forecasting, and regulatory filings for our specialty products, including dental, vision, and supplemental health. The role emphasizes data quality, model updates, and collaboration with cross-functional teams.

The candidate will mentor analysts and contribute to pricing strategies, with in-office 1-2 days weekly and flexibility for hybrid work in a collaborative, regulated environment.

Qualifications

• BA/BS degree plus 4+ years of related actuarial experience or an equivalent combination.
• ASA/ SOA credential is required.

Responsibilities

• Under limited supervision, performs advanced actuarial and statistical analysis using appropriate tools.
• Updates pricing and forecasting models as directed.
• Refines and validates data for actuarial analysis and ensures accuracy through team coordination.
• Mentors other analysts and guides them through projects.
• Performs key actuarial functions including new product pricing and regulatory impact analysis.

Skills

Excel

Pricing analysis

Actuarial analysis

Forecasting

Communication

Education

BA/BS degree

ASA (SOA)

Tools

SQL

SAS

Job description

Position Title

Associate Actuary

Anticipated End Date

2026-09-03

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.

Job Description

The Associate Actuary will support our specialty business products, which include dental, vision, and supplemental health. Responsibilities include but are not limited to pricing analysis, supporting forecasting functions, and supporting regulatory filings.

How You Will Make an Impact

• Under limited supervision, performs advanced actuarial and statistical analysis by applying the appropriate actuarial analytical tools to the data.
• Updates actuarial pricing, forecasting models as directed.
• Refines and collects appropriate data for actuarial analysis and ensures its reasonableness as well as accuracy by coordination within the division.
• Serves as informal mentor to other analysts on the team, guiding them through projects and advancing their analytical and technical skills.
• Performs key actuarial functions including new product pricing, evaluation of the impact of new legislation, flexible benefit consulting, and special projects.

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

• Advanced MS Excel experience (i.e. data modeling, complex functions, pivot tables, and creating dashboards for data visualization purposes) strongly preferred.
• Ability to write and optimize complex queries to ensure data integrity and reliability when cleaning, manipulating, and analyzing large datasets using SQL, SAS, or other data tools strongly preferred.
• Effective communication and interpersonal skills strongly preferred.
• Commercial health, dental, vision, or supplemental health experience preferred.

Locations

• California
• Colorado
• Minnesota

Salary

For candidates working in person or virtually in the below location(s), the salary* range for this specific position is $126,720 to $207,360.

*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, paid time off, stock, 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.

Benefits

• Comprehensive benefits package
• Incentive and recognition programs
• Equity stock purchase
• 401k contribution (all benefits are subject to eligibility requirements)

Job Level

Non-Management Exempt

Workshift

1st Shift (United States of America)

Job Family

ACT > Actuarial

Who We Are

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.

How We Work

At Elevance Health, we are creating a