Actuarial Analyst III - Level Funding
Elevance Health, Saint Louis, Missouri, United States, 63146
Overview
Location:
This role requires associates to be in-office 1-2 days per week to foster collaboration and connectivity, with flexibility to support productivity and work-life balance. Alternate locations may be considered if candidates reside within a commuting distance from an office. Per policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered unless an accommodation is granted as required by law. The
Actuarial Analyst III
will complete very diverse and complex actuarial pricing studies and analyses to support the Anthem Balance (Level) Funding (ABF) product. How You Will Make An Impact
Analyze data and risk elements to support actuarial efforts related to pricing, filing, and financial reporting
Collect and organize data and prepare management reports to support ABF pricing strategies
Coordinate and assist the director in actuarial pricing projects with emphasis on rate manual structure updates/revisions
Collaborate with other key stakeholders to achieve financial goals, including Actuarial, Underwriting, Sales, Product, and Claims functions
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 that would provide an equivalent background.
Preferred Skills, Capabilities And Experiences
Strong pricing, commercial funding and stoploss pricing experience in the commercial employer arena.
Reporting analytics and pricing analytics experience.
For candidates working in person or virtually in the below location(s), the salary range for this specific position is $91,200 to $164,160.
Locations:
Columbus, OH; Illinois; Maryland; Massachusetts; Minnesota; New Jersey; New York
In addition to salary, Elevance Health offers benefits such as a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution. The salary offered is based on legitimate, non-discriminatory factors set by the Company. Elevance Health is committed to equal pay for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws.
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 posting. This range may be modified in the future and actual compensation may vary based on geographic location, work experience, education and/or skill level. No amount is wages or compensation until earned, vested, and determinable under applicable policies and plans. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits 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.
Please be advised that Elevance Health only accepts resumes for compensation from agencies with a signed agreement. Unsolicited resumes, including those submitted to hiring managers, are the property of Elevance Health.
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, seeking leaders at all levels who are passionate about making an impact on our members and the communities we serve.
How We Work
We are creating a culture designed to advance our strategy and support personal and professional growth. Our values and behaviors are the root of our culture, guiding how we achieve our strategy, power our business outcomes, and drive success — for our consumers, associates, communities, and business.
We offer a range of market-competitive total rewards including merit increases, paid holidays, Paid Time Off, incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long-term disability benefits, 401(k) + match, stock purchase plan, life insurance, wellness programs, and financial education resources.
Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific expectations for time onsite will be discussed during the hiring process.
The health of our associates and communities is a top priority. We require all new candidates in certain patient/member-facing roles to be vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer may be rescinded unless an acceptable explanation is provided. Elevance Health will follow all relevant federal, state, and local laws.
Elevance Health is an Equal Employment Opportunity employer. All qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable laws. Applicants requiring accommodation to participate in the job application process may contact elevancehealthjobssupport@elevancehealth.com for assistance.
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.
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Location:
This role requires associates to be in-office 1-2 days per week to foster collaboration and connectivity, with flexibility to support productivity and work-life balance. Alternate locations may be considered if candidates reside within a commuting distance from an office. Per policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered unless an accommodation is granted as required by law. The
Actuarial Analyst III
will complete very diverse and complex actuarial pricing studies and analyses to support the Anthem Balance (Level) Funding (ABF) product. How You Will Make An Impact
Analyze data and risk elements to support actuarial efforts related to pricing, filing, and financial reporting
Collect and organize data and prepare management reports to support ABF pricing strategies
Coordinate and assist the director in actuarial pricing projects with emphasis on rate manual structure updates/revisions
Collaborate with other key stakeholders to achieve financial goals, including Actuarial, Underwriting, Sales, Product, and Claims functions
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 that would provide an equivalent background.
Preferred Skills, Capabilities And Experiences
Strong pricing, commercial funding and stoploss pricing experience in the commercial employer arena.
Reporting analytics and pricing analytics experience.
For candidates working in person or virtually in the below location(s), the salary range for this specific position is $91,200 to $164,160.
Locations:
Columbus, OH; Illinois; Maryland; Massachusetts; Minnesota; New Jersey; New York
In addition to salary, Elevance Health offers benefits such as a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution. The salary offered is based on legitimate, non-discriminatory factors set by the Company. Elevance Health is committed to equal pay for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws.
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 posting. This range may be modified in the future and actual compensation may vary based on geographic location, work experience, education and/or skill level. No amount is wages or compensation until earned, vested, and determinable under applicable policies and plans. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits 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.
Please be advised that Elevance Health only accepts resumes for compensation from agencies with a signed agreement. Unsolicited resumes, including those submitted to hiring managers, are the property of Elevance Health.
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, seeking leaders at all levels who are passionate about making an impact on our members and the communities we serve.
How We Work
We are creating a culture designed to advance our strategy and support personal and professional growth. Our values and behaviors are the root of our culture, guiding how we achieve our strategy, power our business outcomes, and drive success — for our consumers, associates, communities, and business.
We offer a range of market-competitive total rewards including merit increases, paid holidays, Paid Time Off, incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long-term disability benefits, 401(k) + match, stock purchase plan, life insurance, wellness programs, and financial education resources.
Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific expectations for time onsite will be discussed during the hiring process.
The health of our associates and communities is a top priority. We require all new candidates in certain patient/member-facing roles to be vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer may be rescinded unless an acceptable explanation is provided. Elevance Health will follow all relevant federal, state, and local laws.
Elevance Health is an Equal Employment Opportunity employer. All qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable laws. Applicants requiring accommodation to participate in the job application process may contact elevancehealthjobssupport@elevancehealth.com for assistance.
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.
#J-18808-Ljbffr