Elevance Health - Roanoke, VA

posted 3 months ago

Full-time
Roanoke, 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 assist with forecasting, budgeting, and risk adjustment modeling, which are critical components for ensuring the financial health of the Medicare Advantage plans. The position entails frequent interaction with the MMM Finance leadership team and the Elevance Medicare Advantage pricing team, fostering collaboration and communication across departments to achieve common goals. The analyst will be expected to contribute insights and analyses that support strategic decision-making and enhance the overall performance of the Medicare Advantage business. This position is ideal for individuals who are detail-oriented, self-motivated, and capable of working under tight deadlines. The ability to manage multiple tasks and prioritize effectively is essential for success in this role. The Actuarial Analyst II will also be expected to leverage their analytical skills to provide valuable insights that drive business outcomes and improve operational efficiencies.

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.
  • Engages in 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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