Elevance Health
Actuarial Analyst III – Elevance Health
Base Pay Range
$91,200.00/yr - $164,160.00/yr
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. Alternate locations may be considered if candidates reside within a commuting distance from an office.
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.
Responsibilities
Benefit Ownership: Manage assigned pricing models and benefits, ensuring data accuracy, methodology consistency, and timely bid filing readiness.
Contract Interpretation: Review vendor and benefit contracts, translating terms into accurate pricing assumptions and model inputs.
Data Validation & Issue Resolution: Validate data sources, troubleshoot discrepancies, and resolve issues quickly to maintain model integrity.
Experience Analysis: Conduct experience studies to support pricing decisions and assumption development.
Audit Support: Assist with CMS bid desk reviews and audits by preparing documentation and explanations of pricing methodologies.
Leadership & Collaboration: Lead special projects, develop process improvements, and provide guidance and training to junior analysts.
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, which would provide an equivalent background.
Preferred Skills, Capabilities and Experiences
Intermediate Excel experience preferred.
Intermediate SQL query experience preferred.
Strong organization and project management experience preferred.
Salary & Locations Locations: California; Colorado; Columbus, OH; Illinois; Maryland; Massachusetts; Minnesota; New Jersey; New York.
The salary range is based on legitimate, non‑discriminatory factors set by the Company. The amount and availability of any bonus, commission, benefits, or any other form of compensation that is allocable to a particular employee remains at the Company’s discretion and may be modified at the Company’s sole discretion, consistent with the law.
Benefits The company offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase, and 401(k) contribution (subject to eligibility).
Equal Employment Opportunity Elevance Health is an Equal Employment Opportunity employer and 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 federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact elevancehealthjobssupport@elevancehealth.com for assistance.
Legal 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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$91,200.00/yr - $164,160.00/yr
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. Alternate locations may be considered if candidates reside within a commuting distance from an office.
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.
Responsibilities
Benefit Ownership: Manage assigned pricing models and benefits, ensuring data accuracy, methodology consistency, and timely bid filing readiness.
Contract Interpretation: Review vendor and benefit contracts, translating terms into accurate pricing assumptions and model inputs.
Data Validation & Issue Resolution: Validate data sources, troubleshoot discrepancies, and resolve issues quickly to maintain model integrity.
Experience Analysis: Conduct experience studies to support pricing decisions and assumption development.
Audit Support: Assist with CMS bid desk reviews and audits by preparing documentation and explanations of pricing methodologies.
Leadership & Collaboration: Lead special projects, develop process improvements, and provide guidance and training to junior analysts.
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, which would provide an equivalent background.
Preferred Skills, Capabilities and Experiences
Intermediate Excel experience preferred.
Intermediate SQL query experience preferred.
Strong organization and project management experience preferred.
Salary & Locations Locations: California; Colorado; Columbus, OH; Illinois; Maryland; Massachusetts; Minnesota; New Jersey; New York.
The salary range is based on legitimate, non‑discriminatory factors set by the Company. The amount and availability of any bonus, commission, benefits, or any other form of compensation that is allocable to a particular employee remains at the Company’s discretion and may be modified at the Company’s sole discretion, consistent with the law.
Benefits The company offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase, and 401(k) contribution (subject to eligibility).
Equal Employment Opportunity Elevance Health is an Equal Employment Opportunity employer and 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 federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact elevancehealthjobssupport@elevancehealth.com for assistance.
Legal 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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