Elevance Health - Cary, NC

posted 3 months ago

Full-time
Cary, NC
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. The analyst will be responsible for obtaining, verifying, and analyzing data, which includes risk reporting and forecasting. This role requires a strong understanding of actuarial principles and methodologies, particularly as they relate to the Medicare Advantage business in Puerto Rico. In addition to data analysis, the Actuarial Analyst II will perform actuarial functions that are essential for the Elevance MMM (Puerto Rico) Medicare Advantage business. This includes assisting with forecasting, budgeting, and risk adjustment modeling. The analyst will frequently interact with the MMM Finance leadership team and the Elevance Medicare Advantage pricing team, ensuring that all actuarial analyses align with the strategic goals of the organization. The position demands a high level of analytical skills and the ability to communicate complex actuarial concepts effectively to various stakeholders.

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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