Associate Actuary — Hybrid Pricing & Risk Modeling

Elevance Health (Anthem); Indianapolis (IN); Hybrid; USD 115,000 - 207,000; Full time

Job summary

Elevance Health is seeking an Associate Actuary to perform highly complex actuarial studies, including pricing initiatives and evaluation of new legislation. The role supports pricing, marketing, product design, claims, and enrollment across the business unit, with valuation work to interpret financial results and assist risk management.

The position requires a BA/BS and at least 4 years of related experience, plus ASA certification.

Qualifications

• BA/BS degree and minimum 4 years related experience; or equivalent background.
• ASA required from the Society of Actuaries (SOA).
• Medicare Advantage pricing experience preferred.

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 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 and variances from forecast to help identify product and segment behavior to assist in risk management.

Skills

ASA (SOA)

Education

BA/BS degree

Job description

Elevance Health is seeking an Associate Actuary to perform highly complex actuarial studies, including pricing initiatives and evaluation of new legislation. The role supports pricing, marketing, product design, claims, and enrollment across the business unit, with valuation work to interpret financial results and assist risk management.

The position requires a BA/BS and at least 4 years of related experience, plus ASA certification.