Associate Actuary

Elevance Health•Indianapolis, IN

3d•$126,720 - $207,360•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. 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.

Requirements

Requires a 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

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.