Actuarial Analyst II

Elevance Health•Tampa, FL

1d•$84,744 - $138,672•Hybrid

About The Position

The Actuarial Analyst II is responsible for completing projects and performs complex actuarial studies. 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. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office. Please note that 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.

Requirements

Requires a BA/BS degree and to have passed a minimum of three Society of Actuaries (SOA) or Casualty Actuarial Society (CAS) actuarial exams and a minimum of 1 year related experience; or any combination of education and experience, which would provide an equivalent background.

Responsibilities

Obtains, verifies, analyzes and models data including risk reporting and forecasting.
Calculates monthly claims liability reserves, develops merit rating factors and prepares Department of Insurance annual statement exhibits.
Coordinates special actuarial projects.
Contribute to the development of benefit relativities used in pricing, along with compliance calculations for Actuarial Values, Mental Health Parity, and other regulatory requirements.
Identify opportunities to enhance current workflows, streamline data collection/analysis, and promote best practices to improve efficiency and output quality.
Provide actuarial expertise to product development teams by evaluating benefit design options, pricing impacts, and unique plan assessments for specialized client needs.