Associate Actuary

Elevance Health•Indianapolis, IN

2d•Hybrid

About The Position

The Associate Actuary will support our specialty business products, which include dental, vision, and supplemental health. Responsibilities include but are not limited to pricing analysis, supporting forecasting functions, and supporting regulatory filings. Under limited supervision, performs advanced actuarial and statistical analysis by applying the appropriate actuarial analytical tools to the data. Updates actuarial pricing, forecasting models as directed. Refines and collects appropriate data for actuarial analysis and ensures its reasonableness as well as accuracy by coordination within the division. Serves as informal mentor to other analysts on the team, guiding them through projects and advancing their analytical and technical skills. Performs key actuarial functions including new product pricing, evaluation of the impact of new legislation, flexible benefit consulting, and special projects.

Requirements

BA/BS degree and minimum of 4 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

Advanced MS Excel experience (i.e. data modeling, complex functions, pivot tables, and creating dashboards for data visualization purposes) strongly preferred
Ability to write and optimize complex queries to ensure data integrity and reliability when cleaning, manipulating, and analyzing large datasets using SQL, SAS, or other data tools strongly preferred
Effective communication and interpersonal skills strongly preferred
Commercial health, dental, vision, or supplemental health experience preferred

Responsibilities

Pricing analysis
Supporting forecasting functions
Supporting regulatory filings
Performs advanced actuarial and statistical analysis by applying the appropriate actuarial analytical tools to the data
Updates actuarial pricing, forecasting models as directed
Refines and collects appropriate data for actuarial analysis and ensures its reasonableness as well as accuracy by coordination within the division
Serves as informal mentor to other analysts on the team, guiding them through projects and advancing their analytical and technical skills
Performs key actuarial functions including new product pricing, evaluation of the impact of new legislation, flexible benefit consulting, and special projects