Actuarial Analyst III

Elevance Health•Mason, OH

1d•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 completes very diverse and complicated projects and performs very complex actuarial studies. How You Will Make an Impact Primary duties may include, but are not limited to: Coordinate with regional leadership and provide actuarial modeling and analysis for bid planning scenarios Ensure Pricing team accurately projects and reports future revenue and costs for proper financial budgeting of the bid process Conduct various analyses to support the CMS bid filing and respond to necessary Desk Review and Bid Audit inquiries Analyzes and implements risk contracts including conducting experience analyses, pricing, filing and settlement work; and prepares management reports supporting new capitation initiatives. Assists in training of actuarial trainees, analysts and specialists. Coordinates/directs special actuarial projects.

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.

Responsibilities

Coordinate with regional leadership and provide actuarial modeling and analysis for bid planning scenarios
Ensure Pricing team accurately projects and reports future revenue and costs for proper financial budgeting of the bid process
Conduct various analyses to support the CMS bid filing and respond to necessary Desk Review and Bid Audit inquiries
Analyzes and implements risk contracts including conducting experience analyses, pricing, filing and settlement work; and prepares management reports supporting new capitation initiatives.
Assists in training of actuarial trainees, analysts and specialists.
Coordinates/directs special actuarial projects.