Hybrid Associate Actuary: Pricing & Forecasting

Elevance Health; Wallingford (CT); Hybrid; USD 127,000 - 207,000; Full time

Job summary

Elevance Health in Connecticut seeks an Associate Actuary to assist in Commercial rate determinations within the Local Actuarial team. The role covers rate impact analysis, forecasting support, and regulatory filings, offering a blend of in-office collaboration and flexible virtual work.

Under limited supervision you will perform advanced actuarial and statistical analyses, update pricing and forecasting models, collect and verify data, and mentor junior analysts while contributing to special

Qualifications

• 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).
• 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.

Responsibilities

• 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.

Skills

Advanced MS Excel

SQL

Communication

Commercial health insurance experience

Mentoring/leadership

Education

BA/BS degree

ASA (SOA)

Tools

SAS

SQL

Job description

Elevance Health in Connecticut seeks an Associate Actuary to assist in Commercial rate determinations within the Local Actuarial team. The role covers rate impact analysis, forecasting support, and regulatory filings, offering a blend of in-office collaboration and flexible virtual work.

Under limited supervision you will perform advanced actuarial and statistical analyses, update pricing and forecasting models, collect and verify data, and mentor junior analysts while contributing to special