Elevance Health - Norfolk, VA

posted 3 months ago

Full-time
Norfolk, VA
Insurance Carriers and Related Activities

About the position

The Actuarial Analyst II at Elevance Health plays a crucial role in completing projects and performing complex actuarial studies that are essential for the company's operations. This position is primarily focused on obtaining, verifying, analyzing, and modeling data, which includes risk reporting and forecasting. The analyst will be involved in actuarial functions specifically related to Elevance's Medicare Advantage business in Puerto Rico, which requires a deep understanding of the healthcare landscape and the associated financial implications. In this role, the Actuarial Analyst II will be responsible for assisting with forecasting, budgeting, and risk adjustment modeling. This involves working closely with the MMM Finance leadership team and the Elevance Medicare Advantage pricing team to ensure that all actuarial analyses are accurate and align with the company's strategic goals. The position demands a high level of analytical skills and the ability to communicate findings effectively to various stakeholders within the organization. The analyst will also be expected to manage multiple projects simultaneously, demonstrating strong organizational skills and the ability to work under tight deadlines. Attention to detail is paramount, as the accuracy of the data and models directly impacts the company's financial performance and compliance with regulatory requirements. Overall, this position offers an exciting opportunity to contribute to the financial health of Elevance Health while developing valuable actuarial skills in a supportive environment.

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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