Associate Actuary - Hybrid, Medicare Pricing Focus

Elevance Health, Inc.; Norfolk (VA); Hybrid; USD 115,000 - 207,000; Full time

Benefits offered by this job

Comprehensive benefits package

401(k) + match

Stock purchase plan

Wellness programs

Job summary

Elevance Health is seeking an Associate Actuary to tackle diverse, complex actuarial studies and pricing tasks in a hybrid in-office setting. The role emphasizes collaboration, with 1-2 days on site per week and flexibility for productive work-life balance.

Alternate locations are considered for commuting candidates. You will perform pricing, legislation impact analysis, experience-rating projects, and valuation support, guiding pricing, product design, claims, enrollment and revenue projections

Qualifications

• Requires a BA/BS degree and minimum of 4 years related experience.
• ASA certification from the Society of Actuaries (SOA) is required.

Responsibilities

• 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/reviewing settlement formulas and risk-sharing models.
• Responsible for recommendations on pricing, marketing, product design, claims, premium and enrollment administration of the business unit.
• Responsible for valuation support for the business unit by interpreting financial results and variances to identify product and segment behavior for risk management.

Skills

Medicare Advantage pricing

Education

BA/BS degree

ASA (SOA)

Job description

Elevance Health is seeking an Associate Actuary to tackle diverse, complex actuarial studies and pricing tasks in a hybrid in-office setting. The role emphasizes collaboration, with 1-2 days on site per week and flexibility for productive work-life balance.

Alternate locations are considered for commuting candidates. You will perform pricing, legislation impact analysis, experience-rating projects, and valuation support, guiding pricing, product design, claims, enrollment and revenue projections