Actuarial Director

Elevance Health•Wallingford, CT
•$141,600 - $254,880•Hybrid

About The Position

The Actuarial Director is responsible for identifying, evaluating and responding to financial risks inherent in the pricing and development of health insurance products.

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.
  • ASA required from the Society of Actuaries (SOA).

Nice To Haves

  • FSA strongly preferred.

Responsibilities

  • Prepares and interprets data, actuarial analyses, and related formulae to develop pricing strategies; leads rate development and filings, and evaluates financial performance for the Individual business, specifically non-Blue states.
  • Monitors trends in profit and profitability; develops pricing recommendations and partners with local pricing teams to ensure alignment with segment financial targets.
  • Serves on major, multi-function projects as Actuarial representative and may provide actuarial certification or sign-off on rate filings, as appropriate.
  • Organizes and directs workflow, providing actuarial leadership for Individual pricing activities.

Benefits

  • comprehensive benefits package
  • incentive and recognition programs
  • equity stock purchase
  • 401k contribution
  • merit increases
  • paid holidays
  • Paid Time Off
  • incentive bonus programs
  • medical
  • dental
  • vision
  • short and long term disability benefits
  • 401(k) +match
  • stock purchase plan
  • life insurance
  • wellness programs
  • financial education resources
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