Elevance Health - Gilbert, MN

posted 3 months ago

Full-time
Gilbert, MN
Insurance Carriers and Related Activities

About the position

The Actuarial Analyst II plays a crucial role in the completion of projects and the execution of complex actuarial studies. This position is integral to the actuarial team, focusing on the analysis and modeling of data to support various business functions, particularly within the Elevance MMM (Puerto Rico) Medicare Advantage business. The analyst will be responsible for obtaining, verifying, and analyzing data, which includes risk reporting and forecasting. This role requires a strong analytical mindset and the ability to work with large datasets to derive meaningful insights that can influence business decisions. In addition to data analysis, the Actuarial Analyst II will assist with forecasting, budgeting, and risk adjustment modeling. This involves collaborating closely with the MMM Finance leadership team and the Elevance Medicare Advantage pricing team to ensure that all actuarial functions are aligned with the company's financial goals and regulatory requirements. The position demands frequent interaction with various stakeholders, necessitating strong communication skills and the ability to present complex information in an understandable manner. Overall, the Actuarial Analyst II is expected to contribute significantly to the actuarial functions of the organization, ensuring that all analyses are accurate and timely, thereby supporting the strategic objectives of the company.

Responsibilities

  • Obtains, verifies, analyzes and models data including risk reporting and forecasting.
  • Performs actuarial functions related to Elevance MMM (Puerto Rico) Medicare Advantage business.
  • Responsible for assisting with forecasting, budgeting, and risk adjustment modeling.
  • Frequent interaction with MMM Finance leadership team and Elevance Medicare Advantage pricing team.

Requirements

  • Requires a BA/BS degree.
  • Must have passed a minimum of three Society of Actuaries (SOA) or Casualty Actuarial Society (CAS) actuarial exams.
  • Minimum of 1 year related experience, or any combination of education and experience that provides an equivalent background.

Nice-to-haves

  • Self-starter/self-motivated
  • Attention to detail
  • Works well under deadlines
  • Proficient in MS Office, with limited data-pulling/querying knowledge preferred.
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