Actuarial Analyst III

Elevance Health • Atlanta, IN

3d • Hybrid

About The Position

Actuarial Analyst III 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. 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. The Actuarial Analyst III is responsible for the support of product development for our Commercial business. This individual contributor position that requires strong technical skills, a collaborative mindset, and strategic thinking in order to drive successful ACA initiatives. How You Will Make an Impact

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.

Nice To Haves

• Analytical & Problem-Solving: Demonstrated ability to tackle complex actuarial and business questions, providing clear and actionable recommendations.
• Communication: Excellent verbal and written communication skills; comfortable presenting data-driven insights to stakeholders with diverse backgrounds.
• Organizational Skills: Ability to manage multiple priorities, meet deadlines, and maintain a high level of attention to detail.
• Technical Proficiency: Strong skills in Excel and at least one actuarial or data analysis tool (e.g., SAS, R, Python) preferred

Responsibilities

• Plan Pricing Factors & Compliance Testing: Contribute to the development of benefit relativities used in pricing, along with compliance calculations for Actuarial Values, Mental Health Parity, and other regulatory requirements.
• Process Improvement: Identify opportunities to enhance current workflows, streamline data collection/analysis, and promote best practices to improve efficiency and output quality.
• Strategic Product Development: Provide actuarial expertise to product development teams by evaluating benefit design options, pricing impacts, and unique plan assessments for specialized client needs.

Benefits

• Elevance Health offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements).
• We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and 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, to name a few.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees