Actuarial Director

Elevance Health • Chicago, IL

3d • 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

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Education Level: Associate degree