Elevance Health - Columbus, OH

posted 3 months ago

Full-time - Entry Level
Columbus, OH
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 Elevance MMM (Puerto Rico) Medicare Advantage business, where the analyst will engage in various actuarial functions that are essential for the financial health and strategic planning of the organization. The analyst will be responsible for obtaining, verifying, analyzing, and modeling data, which includes risk reporting and forecasting. This data-driven approach is vital for making informed decisions that impact the company's operations and financial outcomes. In this role, the Actuarial Analyst II will assist with forecasting, budgeting, and risk adjustment modeling, ensuring that the financial projections align with the company's strategic goals. The position requires frequent interaction with the MMM Finance leadership team and the Elevance Medicare Advantage pricing team, fostering collaboration and communication across departments. This interaction is essential for integrating actuarial insights into broader financial strategies and ensuring that all teams are aligned in their objectives. The analyst will also be expected to contribute to the development of actuarial models that support the company's initiatives and provide insights into risk management. This involves not only technical skills but also the ability to communicate complex actuarial concepts to non-technical stakeholders, making the role both challenging and rewarding.

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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