Actuarial Director
About The Position
The Actuarial Director is responsible for leading pricing strategy and financial performance evaluation for the Federal Employees Health Benefits (FEHB) program business. This role identifies, evaluates, and helps manage financial risks, ensures compliance with federal requirements, and drives data-driven decision-making to support sustainable growth and profitability. Elevance Health is a health company dedicated to improving lives and communities – and making healthcare simpler. As a Fortune 25 company with a longstanding history in the healthcare industry, Elevance Health seeks leaders passionate about making an impact on members and communities. The company fosters a culture designed to advance its strategy and promote personal and professional growth for its associates, with values and behaviors that drive business outcomes and shared success for consumers, associates, communities, and the business.
Requirements
- Requires a BA/BS degree and minimum of 6 years related experience; or any combination of education and experience, which would provide an equivalent background.
- FSA required from the Society of Actuaries (SOA).
Nice To Haves
- Experience with FEHB Program strongly preferred.
- Experience with commercial large group pricing preferred.
- Proven ability to lead cross-functional projects and influence senior stakeholders preferred.
- Experience with Medicare preferred.
- Proficiency with Python, Excel, and SQL preferred.
Responsibilities
- Prepares and interprets data and related formulae.
- Monitors trend of profit and profitability by line of business and/or product.
- Serves on major, multi-function projects as Actuarial representative.
- Organizes and directs the staffing and workflow of the section.
- Serve as actuarial point of contact for OPM.
Benefits
- comprehensive benefits package
- incentive and recognition programs
- equity stock purchase
- 401k contribution
- merit increases
- paid holidays
- Paid Time Off
- incentive bonus programs
- medical benefits
- dental benefits
- vision benefits
- short term disability benefits
- long term disability benefits
- 401(k) +match
- stock purchase plan
- life insurance
- wellness programs
- financial education resources
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What This Job Offers
Job Type
Full-time
Career Level
Director
Number of Employees
5,001-10,000 employees
